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HomeMy WebLinkAbout3B - PresentationSeptember 12 2024 Updating City Procedures around Grant Management and Funds Disbursement Updating City Procedures around Grant Management and Funds Disbursement City funding of nonprofits benefits the Palm Springs community: Eliminate lump sum payments above $75,000 Updating City Procedures around Grant Management and Funds Disbursement Fund non-profit projects through reimbursement or split funds Require regular progress reports and invoices Updating City Procedures around Grant Management and Funds Disbursement Increase transparency Standardize minimum eligibility for funding Updating City Procedures around Grant Management and Funds Disbursement Ensure good standing and compliance with local, state, and federal agencies Organizations must submit annual independent audit Updating City Procedures around Grant Management and Funds Disbursement Continual safeguarding of taxpayer dollars Assign sponsoring City department and staff person responsible for program/ contract Updating City Procedures around Grant Management and Funds Disbursement Establish clear responsibility Mandate training for City staff on grant management and contract oversight Updating City Procedures around Grant Management and Funds Disbursement Standardize oversight