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Committee backs administrative thresholds for grant approvals, limiting ongoing obligations
Budget and Finance Committee · April 6, 2026
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Summary
The committee recommended a grant-management policy that lets staff administratively approve time-sensitive, fully grant-funded awards under $200,000 that create no ongoing obligations; grants requiring long-term obligations must go to the board.
The Budget and Finance Committee voted to recommend to the Board of Mayor and Aldermen a revised grant-management policy that defines administrative approval thresholds for time-sensitive and lower-dollar grants while reserving long-term financial commitments for the full board.
Miss Holden summarized the…
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