This session will cover techniques to maximize and effectively manage grants. Entitlement communities are facing decreased Federal funding and stringent contractual requirements, making it challenging to continue funded projects and programs as well as plan for future undertakings while effectively managing the grants they have obtained. If contractual requirements are not met, the funding agency can impose administrative sanctions such as disallowed costs or rescission of the grant agreement. In addition to careful grant management, communities also must figure out how to best utilize available funding. Stretching grant money can be accomplished in a number of ways, including utilizing revolving loan funds to fill gaps in funding and retrofitting/applying utility savings strategies in capital projects to ensure future fiscal resiliency.
For more information, please contact Akera Gamble.