Fiscal Considerations

(1) Projects that receive Program grant funds are eligible for reimbursement of up to 75% of the total project cost as identified in the grant funds agreement. (2) The Applicant shall be responsible for funding 25% of the project costs. The Applicant may fund its required matching share through a variety of methods, including, but not limited to: (a) in-kind contributions, including the cost of engineering designs and other directly related project costs incurred within grant project period; (b) cash contributions; or (c) goods and services. (3) Criteria for matching share requirements and documentation shall be identified in the grant funds application. (4) Reimbursement will be made only after the Applicant has demonstrated the following: (a) The amount of money equal to that set forth in the billing submitted to the Office for reimbursement has been expended; and (b) Documentation on all billing invoices has been received by the Office.