[HISTORY: Adopted by the Town Board of the Town of Greenwich 2-11-2020. Amendments noted where applicable.]
Monies received from grants to support municipal programs usually come with requirements as regards to operations, compliance, monitoring and reporting. Usually, there are consequences to accepting these grants such as assets that must be maintained far after the grant money stops or studies which recommend additional money. These consequences lead to unanticipated expenses which increase the local tax burden.
To avoid this, the creation of a formal grant administrative oversight policy and the formation of a grant oversight committee to adhere to the policy is proposed.
The grant policy will:
The Grant Oversight Committee will:
For all potential, renewing or continuing grants, the Committee shall be notified of intent to apply for such grant. The Committee shall review all grants using the following criteria:
A cost/benefit analysis at the expiration/termination of a grant. Costs the Town could incur may include but are not limited to: