Laserfiche WebLink
Page - 5 | METROPOLITAN COUNCIL <br />Program budget and administration <br />13.Please outline the amount of funding your municipality is requesting, including – if <br />applicable – an estimate of funds that will be used for low-income cost assistance (no <br />municipality match required). <br />Grants will be made available in amounts with a minimum of $5,000 and a maximum of $75,000. In the <br />event that there are unused or returned funds, municipalities may apply for a grant amendment to <br />increase their award beyond $75,000 (at the discretion of Met Council). Additionally, if a municipality <br />offers low-income cost assistance, it can apply for an additional $10,000 (max grant of $85,000). <br />A Requested grant amount <br />(must be 80% of row C): <br />B Required municipality matching amount <br />(must be 20% of row C): <br />C Traditional grant program subtotal <br />(row A + row B): <br />D (OPTIONAL) Low-income cost assistance requested amount <br />(100% covered by Met Council funds): <br />E Total program budget <br />(row C + row D): <br />Example calculation: <br />A Requested grant amount <br />(must be 80% of row C): $16,000 <br />B Required municipality matching amount <br />(must be 20% of row C): $4,000 <br />C Traditional grant program subtotal <br />(row A + row B): $20,000 <br />D (OPTIONAL) Low-income cost assistance requested amount <br />(100% covered by Met Council funds): $5,000 <br />E Total program budget <br />(row C + row D): $25,000