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Innovative Thinking and The Road Less Traveled

Innovative Thinking and The Road Less Traveled. Stimulus Funding Opportunities Aid to State and Local Governments $53.6 Billion – 18% Public Safety and Government Services $2 Billion – Office of Justice Program for Local Law Enforcement $1 Billion - COPS Community Oriented Policing

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Innovative Thinking and The Road Less Traveled

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  1. Innovative Thinking andThe Road Less Traveled

  2. Stimulus Funding Opportunities • Aid to State and Local Governments • $53.6 Billion – 18% Public Safety and Government Services • $2 Billion – Office of Justice Program for Local Law Enforcement • $1 Billion - COPS Community Oriented Policing • $150 Million – Economic Development Assistance • $100 Million – Crime Victims Assistance • $ 80 Million - Southern Border and High Intensity Drug Traffic Deterence Efficiency

  3. Stimulus Funding Opportunities • Aid to State and Local Governments • $50 Million – Internet Crimes Against Children • $125 Million – Rural Drug Crimes • $210 Million – Local & State Fire Station Upgrades • $225 Million – Law Enforcement Assistance • $225 Million – Violence Against Women Prevention and Prosecution • $1 Billion – CDBG Programs • $150 Million – Food Banks

  4. Grant Funding In-Kind Match

  5. Examples of Potentially Allowable Costs: • Salary • Benefits • Travel • Supplies • Contract Consultants • Training • Evaluation • Member Costs • Administration Costs

  6. Requirments & Regs • Cost Principle Requirements: • •OMB Circular A-21: Cost Principles for Educational Institutions • •OMB Circular A-87: Cost Principles for State, Local, and Indian Tribal Governments • •OMB Circular A-122: Cost Principles for Non-Profit Organizations • Administrative Requirements: • •OMB Circular A-102: Grants and Cooperative Agreements with State and Local Governments (CNCS: §45 CFR 2541) • •OMB Circular A-110: Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations (CNCS: §45 CFR 2543) • Audit Requirements: • •OMB Circular A-133: Audits of States, Local Governments, and Non-Profit Organizations • OMB Circulars: www.whitehouse.gov/omb/grants/grants_circulars.html • CNCS Regulations:www.nationalservice.gov/about/role_impact/history.asp

  7. In Kind Match Requirements Allowable Reasonable Allocable Consistently Applied

  8. TO BE ALLOWABLE UNDER A GRANT, COSTS MUST: Be reasonable and allocable for the performance of the award Conform to grant award limitations or cost principles Be consistent with policies and procedures that apply to both federally-financed and other activities of the organization Be given consistent treatment Be in accordance with Generally Accepted Accounting Principles (GAAP) Not be included as a cost or used to meet cost sharing or matching requirements of any other federally-financed program Be adequately documented

  9. Indirect Cost Plans

  10. Value of Cost Allocation Plan in • Grant Costing: • A Certified Cost Allocation Plan is valuable and required in recovering Indirect Costs • Costs of Internal Government Services can be recovered • Indirect costs are required to be charged across all government services for the Federal and State governments to allow for recapture under Grant Funding

  11. Risk & Risk Tolerance

  12. Grant Acceptance & Risk Tolerance • Risk Prone • Innovation and likelihood of obtaining funding • Innovation and the difficulty of administration • Outcome: success or failure and funding repayment • Risk Adverse • Smaller Awards • Greater Competition • Outcome success or failure and funding repayment

  13. Grant Acceptance & Risk Tolerance • Communication, both written and oral is critical to make certain: • Management and Board understand and agree to organizational goals regarding the project being contemplated • Management & Board understand the financial and time commitment associated with undertaking the project if the grant is awarded • Finance Department and Grant Staff are prepared to lead the project and manage the work load

  14. Grant Acceptance & Risk Tolerance • Finance Department Must Make Certain that : • Clear and audit ready records are prepared and maintained at each phase • Internal Control System is strong and the risk of internal and external fraud have been contemplated, addressed in terms of policy and process • Project progress and project contractors are monitored and adequate records are maintained on an ongoing basis • Project is closed properly and records are maintained as outlined in the grant funding requirements and as required by the State record maintenance regulations.

  15. Contact InformationLinda Angus (866)–717 –1607 • Chicago 205 West Wacker Drive Suite 1750 Chicago, IL 60606 • Bloomfield Hills 4111 Andover Road West, Third Floor Bloomfield Hills, MI 48302

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