Local Matching Funds definition

Local Matching Funds means the contractor’s non-federal tax dollars that are not otherwise obligated and are designated or certified to match the FFP rate of reimbursement. This revenue must be in the contractor’s budget and under the contractor’s control. These funds cannot be contributed by healthcare providers as local matching funds and subcontractors cannot certify local match funding. All local match funds must meet CPE requirements.

Local Matching Funds means general funds, securities, general revenue bonds, tax levies, mortgages and locally generated monies. Local matching funds do not include any pledges as defined in this Section; any funds from the State of Illinois or the federal government; any funds from collateralized pledges; or pending referendum to authorize funds for the construction project.

Local Matching Funds means funds of a unit of government contributed to an economic development project for the purpose of assisting in a total financing package and earning (or winning) other funds by doing so. Matching is usually expressed as a ratio, i.e. one local dollar for three state dollars, or one for three.

Examples of Local Matching Funds in a sentence

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• An Ordinance Amending The FY 2017-18 Budget By Appropriating $15,878 In Federal Pass-Through Grant Funds And $11,417 In Local Matching Funds From The General Fund Fund Balance To The Special Revenue Fund To Conduct A Historic Building Inventory In The Salcha/North Pole Area, Phase II To Update The Historic Preservation Plan, An Element Of The Comprehensive Plan.

• Project Rating OverviewThe Support Staff assign scores to the following Additional Support Information (ASI) rating criteria items: Priority Transit ImpactAbility to Proceed Matching Funds Local Matching Funds Other Regional ImpactRelative Economic Strength Fees, Levies & TaxesRating teams field checks and verifies all other criteria in the ASI, and assign the appropriate rating.९ A Support Staff member may not be involved in the rating of a project(s) for the jurisdiction of which they are an employee.

• Grantee shall have raised the full amount of Local Matching Funds prior to the Effective Date and shall report to the State regarding the status of such funds upon request.

• Motion was made by Lisa to approve the Preliminary Certification of FY22 Local Matching Funds.

More Definitions of Local Matching Funds

Local Matching Funds means funds received from governing bodies of local government, including city commissions, county commissions, district school boards, special tax districts, private hospital funds, private gifts, both individual and corporate, and bequests and funds received from community drives or any other sources.

Local Matching Funds means funds provided by DOH that:

Local Matching Funds means funds received

Local Matching Funds means funds provided by the Contractor that: • Are derived from local tax based dollars; • Are not local funds already being used as match for other federal programs or are Federal funds authorized by Federal law to be used to match other Federal funds; and • Meet applicable Federal matching fund regulations.

Local Matching Funds means at least fifty percent or more of the total program or project cost which must be provided by the city or community group submitting an application for a grant and which shall not include any portion of another state or federal grant.

Local Matching Funds means jointly the following contributions to pay Project Costs (a) $36.333 million by the County, (b) $45.533 million by City (which includes LID funds), (c) $22.866 million by PDC, (d) $23 million by ODOT, (e) $3.12 million private property donation, (f) $87.935 million by TriMet (which includes funds attributable to MTIP), and (g) County, City, TriMet and PDC funds used to pay Finance Costs associated with providing these grant contributions that are eligible under FTA guidelines to count as Local Matching Funds. These contributions may be revised from time to time by written agreement.

Local Matching Funds means the financial assistance from local entities that support the operation of the transit system as required by a grant to match the federal contribution. These include, but are not limited to: tax levies; general funds; specified contributions, contributions from city, county, or other municipal government towards the Local Share portion of the transit system budget; and other revenues such as advertising.