Topic 2: How do I calculate match?
- Funds Requested divided by 75% = Total Subrecipient Funds
- Total Subrecipient Funds minus Funds Requested = Subrecipient Match
- Verify accuracy: Total Subrecipient Funds X 25% = Subrecipient Match
(Be certain to divide by 75% not 75 and multiply by 25% not 25)
If projects/activities target individuals in urban or rural poverty areas, substitute 10% for 25% in the example
EXAMPLE:
Funds Requested= $1,000.00
Total Subrecipient Funds = $1,000.00 ÷ .75= $1,333.33
Total Subrecipient Funds – Funds Requested= $1,333.33 – $1,000.00= $333.33
VERIFY: $1,333.33 X .25= $333.33
Subrecipient Match= $333.33
Council or council staff implementation of state plan projects/ activities
These activities are supported by Public Law 106-402 [§126(a) (1)]
- In the case of projects undertaken by the DD Council or DD Council staff to implement State plan activities, the Federal share of the cost of all such projects may not be more than 100% of the aggregate necessary cost of such activities (e.g. no match requirement).
- Methods for staff allocation of time can be found in the Financial Guide or in Fiscal Training #3