Ga. Comp. R. & Regs. R. 155-2-.04 - Matching Funds

Current through Rules and Regulations filed through April 4, 2022

(1) State contribution for an approved purchase may not exceed 50% of the allowable costs. No part of the applicant's share may be derived from state or federal funds. No grant application will be processed if the jurisdiction is eligible for assistance under another state or federal program and funds are available.
(2) Matching fund grants-in-aid will be provided through reimbursement to the local government. Using procedures outlined in Rule 155-2-.08, the local government obtains approval of the State Director for the purchase, makes the purchase paying 100% of the cost and then submits the required documentation for reimbursement of the approved amount up to 50% of the total cost, not to exceed 12 ½% of the state appropriation.

Notes

Ga. Comp. R. & Regs. R. 155-2-.04
Ga. L. 1980, pp. 1247-49 (Ga. Code Ann., Ch. 86-18).
Original Rule entitled "Matching Funds" was filed October 31, 1980; effective November 20, 1980.

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