Grants Management

While grant funding may be a shrinking portion of most local government budgets, it can also involve a disproportionate amount of time to manage. Fiscal Choice can help you make the most of grant opportunities by advising you on documentation, budgeting, reporting and reimbursements. In many cases, we can also assist you in identifying strategies for increasing reimbursements. Some of the results we have achieved include:

IDENTIFY SAVINGS AND NEW FUNDING OPPORTUNITIES

We have directed projects that have identified over $1.5 billion in savings or new grant funding for state agencies in the Midwest, and also assisted cities and counties in identifying new funding sources.

RECOVERING COSTS

We analyzed federal cost allocation plans that resulted in significant indirect cost recoveries from federal grants and contracts.

REDUCING DISALLOWANCES

We evaluated grants management policies and procedures to streamline operations and reduce the potential for disallowances.

ASSESSING THE IMPACT OF FEDERAL FUNDING RULES

For a large Midwestern state, our staff conducted a lease-versus-buy analysis of a $125 million real estate portfolio to evaluate the impact of federal funding rules on the state’s recovery of federal funds.