Ga. Comp. R. & Regs. R. 155-2-.04 - Matching Funds
(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 1/2% of the state appropriation.
Notes
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