A local government was awarded a federal grant in the amount of $800,000 to provide for a summer youth recreation program. The grant was a reimbursement grant, and a notification of the grant award was received on April 30, 2020. The local government expended the resources as follows: June 2020: $250,000 July 2020: $285,000 August 2020: $265,000 The federal government sent the funds in the month following the expenditure. The local government would recognize revenues for the fiscal year ended June 30, 2020 in which amount