048-8 Wyo. Code R. §§ 8-7 - Funding Formula and Local Matching Funds
(a) Recommendations
of the Division for funding shall be based in part on a funding formula
pursuant to W.S. §
7-13-1605(c)(i). The
Division shall provide funding formula information to applicants and notify
applicants of changes in the funding formula. The Division shall provide notice
of changes to the funding formula to CST programs at least forty-five (45) days
prior to the release of funding applications. The Division may use data
provided by the applicant and collected by the data collection software in
applying the funding formula and calculating funding recommendations. Any data
used by the Division in application of the funding formula shall be reviewed by
CST programs. The funding formula shall include provisions requiring local
contributions to the cost of the program. The Division shall apply the funding
formula to each application for state funds prior to making a recommendation to
the Panel. The Panel may increase or decrease funding determinations based upon
need.
(b) Each local CST program
shall, pursuant to W.S. §
7-13-1605(c)(ii), require
all participants to contribute to the cost of their CST program; provided,
however, contributions made by participants may not be used to meet local
contribution requirements.
(c) No
application shall be considered unless the total of the local contribution
exceeds twenty-five percent (25%) of the amount of state funding sought. The
local contribution may include cash or in-kind match, but the combined total
must exceed twenty-five percent (25%).
(d) The application must be accompanied by a
narrative explaining in detail the source and nature of any local
contributions.
(e) The application
for state funds should be accompanied by a narrative explaining in detail a CST
program's efforts to obtain supplemental funding. The narrative should include
the CST program's application to other potential funding sources, the
identification of programs or other sources to which the applicant intends to
apply, and any efforts the applicant has made to collaborate or integrate its
programs with other programs in the community that are receiving state or
private funds. Whenever the program applies for other funding, a copy of the
application or summary of the application should be promptly forwarded to the
Division.
(f) Local CST programs
receiving state funds shall promptly notify the Division of the amount and
source of any other funding awards it receives in an amount of five thousand
dollars ($5,000.00) or more.
Notes
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