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Presentation

Financial Performance and Budget Committee
July 8, 2022

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Presentation
Meeting
July 8, 2022
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Financial Performance and Budget Committee
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Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

6/22/2022
1 RiversideCA.gov
1 RiversideCA.gov

REVISED GRANTS ADMINISTRATION
POLICY
Financial Performance and Budget Committee
July 8, 2022
Office of the City Manager
RiversideCA.gov
2 BACKGROUND

1. Part of the City’s general administrative policies issued by the Office of the City Manager - 117 current policies

2. Grants Administration Policy 1.006.00 (“Policy”) offers guidelines to City staff for applying for external funding opportunities; covering application approvals, budget
and finance requests, receipt of funding, administration, and reporting

3. Policy was last updated in 2018
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2 RiversideCA.gov
3 DISCUSSION
Updated Policy:
– Allow Department heads to approve grant applications up to $50,000
– $50,000 and $1 million applications submitted with City Manager’s Office consent
– All grant applications above $1 million will seek City Council pre- approval
– Imposes an indirect/overhead cost rate on grants over $50,000. – Discusses entitlement grants
– Sets new policies for online grant site access
RiversideCA.gov
4 Strategic Priority 5 – High Performing Government
Strategic Priority 6 – Infrastructure, Mobility, and Connectivity Goal 5.4: Achieving and maintaining financial health by maximizing grant opportunities Goal 6.3: Accesses new funding opportunities that develop and maintain infrastructure and programs
Cross-Cutting Threads

STRATEGIC PLAN ALIGNMENT
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3 RiversideCA.gov
5 That the Financial Performance and Budget Committee
receive and file a report on the City’s revised Grant
Administration Policy 1.006.00.

RECOMMENDATION
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