Cal. Code Regs. Tit. 11, § 453 - Grant Match
(a)
All grantees must provide a cash or in-kind match to the state funds in the
second, third, and fourth years of the grant funding cycle. The grant match is
as follows:
(1) A five percent match in the
second year.
(2) A 10 percent match
in the third year.
(3) A 15 percent
match in the fourth year.
(b) The cash or in-kind match may be one or
any combination of the following:
(1)
Cash.
(2) Services.
(3) Resources of comparable value, such as
materials, personnel, and facilities.
(4) Private foundation funds or in-kind
contributions from other agencies that demonstrate community
support.
(c) Cash match
is income from a source other than state or federal funds that is budgeted for
the project. When used to augment the project, cash expenditures for items such
as personnel, facilities, and supplies may be considered a cash match, if not
in violation of Article Five of these regulations.
(d) In-kind match is the project's
contribution of non-cash outlay of materials or resources to support a
percentage of the project-funded services and activities.
(1) It may include non-cash outlay
contributed by other public agencies and institutions, private organizations,
or individuals.
(2) Examples of
in-kind match include donated office supplies, equipment, professional
services, or volunteer time.
(3) In
general, the value of in-kind contributions is determined by fair market
value.
Notes
2. Certificate of Compliance as to 5-6-2002 order transmitted to OAL by 8-30-2002 and filed 10-10-2002 (Register 2002, No. 41).
Note: Authority cited: Sections 13825.3(c) and 13825.5, Penal Code. Reference: Sections 13825.3 and 13825.5, Penal Code.
2. Certificate of Compliance as to 5-6-2002 order transmitted to OAL by 8-30-2002 and filed 10-10-2002 (Register 2002, No. 41).
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