The LaSalle County Finance Committee convened on February 4, 2025, to discuss the allocation of funds and the process for applying for grants. The meeting began with a review of the budgeted amount of $90,000 set aside for grants this year, aimed at encouraging departments to utilize the grant process effectively.
Committee members highlighted the importance of timely coordination when applying for grants, particularly matching grants that require prior approval from the finance committee. The discussion emphasized the tight timelines associated with grant applications, noting that departments often have only 45 to 60 days to submit proposals once a Notice of Funding Opportunity (NOFO) is released. This necessitates that departments prepare their projects in advance, including gathering cost estimates and other necessary documentation.
A key point raised during the meeting was the variability in the complexity of grant applications. Members discussed the potential range of costs associated with preparing these applications, estimating that fees could range from $1,000 to $3,000, depending on the depth of the application process.
Additionally, the committee addressed whether application fees could be included in the grant funding itself. While some grants may allow for administrative costs to be covered, it was noted that this is not common practice. The committee also discussed the possibility of providing administrative support for grant management, should departments require assistance after receiving funding.
In conclusion, the meeting underscored the need for proactive planning and swift action in the grant application process, as well as the importance of understanding the financial implications of both applying for and managing grants. The committee plans to continue refining its approach to grant funding and support for county departments.