Grant Cycle Timeline
Beginning in August, LCCs gear up for the grant cycle:
LCCs locally publicize the grant program and distribute applications.
LCCs determine the total amount available to grant.
In addition to state monies, LCCs may have unencumbered, earned interest, and locally raised revenue to grant.
funds are funds that have been approved for a project that never takes place or comes in under budget. During August, your LCC should review its financial records to see if there are unencumbered funds available to grant.
funds are those that have been granted but not yet reimbursed. Your LCC is required to have encumbered funds available for grant recipients for 12 months following the date of the approval letter.