To ensure your state is best managing grant dollars received and allocated, check out some best practices we have identified.
After tax revenue, federal funds are states’ largest funding source, according to the U.S. Government Accountability Office (GAO). If managed properly, state grant revenue can positively impact everything from education to healthcare. Unfortunately, mismanagement of grants is still all too common at the state level.
“In 2016 alone, the federal government (GAO) disbursed nearly $5.5 billion in grant awards to states and local governments. However, almost $1 billion in undisbursed funding remained in grant accounts.”
To help states improve their grant management, this ebook shares insights including:
“When your state improves its grant management processes, it will not just make your internal workflow more streamlined. It will also draw down more money for important state-wide programs and initiatives, ultimately improving your citizens’ quality of life.”
For more information, download “Managing State Grants” today.