§ 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.

HISTORY

1. New section filed 5-6-2002 as an emergency; operative 5-6-2002 (Register 2002, No. 19). A Certificate of Compliance must be transmitted to OAL by 9-3-2002 or emergency language will be repealed by operation of law on the following day.

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

Note: Authority cited: Sections 13825.3(c) and 13825.5, Penal Code. Reference: Sections 13825.3 and 13825.5, Penal Code.