HomeMy WebLinkAboutMemo - Mail Packet - 11/04/2024 - Memorandum from Kerri Ishmael re October 22, 2024 Work Session Summary: Grants Development UpdateFinance Administration
215 N. Mason Street
PO Box 580, Fort Collins, CO 80522
WORK SESSION MEMORANDUM
Date: October 29, 2024
To: Mayor and City Councilmembers
Through: Kelly DiMartino, City Manager
Travis Storin, Chief Financial Officer
From: Kerri Ishmael, Senior Analyst
Subject: October 22, 2024 Work Session Summary: Grants Development Update
BOTTOM LINE
The purpose of this memo is to document the summary of discussions during October 22, 2024,
Work Session. All Councilmembers, excluding Councilmember Canonico, were present.
DISCUSSION SUMMARY
The Grants Development staff report provided an overview of the types of government sourced
funding the City receives (formula versus competitive funds). Based on the demands of continuous
formula funds received yearly by City’s Social Sustainability and Transfort, these groups have
dedicated staff to support development of grant funded projects and management of the
compliance aspects of the corresponding federal grant programs. Grants Administration,
established in late 2022, supports City departments with competitive funding opportunities offered
through state departments and federal agencies, as there are not dedicated staff members within
other City departments in identifying, pursuing and managing competitive grant funds.
The discussion highlighted aspects of work by departments in collaboration with City Grants
Administration and use of third-party firms in pursuit of highly competitive funding opportunities,
highlighting success of certain departments in utilizing City’s Grants Administration and third-party
firms in pursuit of grant funds. City departments have performed well throughout 2023 and 2024 in
pursuit of unprecedented funding under both the Infrastructure Investment and Jobs Act and the
Inflation Reduction Act. Budgeted funds are set aside as part of the department’s operating budget
when third party support is deployed, although to date not all departments have utilized this
resource strategy in pursuing funding opportunities.
Compliance aspects and the work involved on the post-award side were discussed, demonstrating
the demand for department personnel and Grants Administration over the many components in
managing a grant through close-out to ensure compliance. The City does not outsource work
involved in managing the many compliance requirements of government sourced grants.
NEXT STEPS
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FOLLOW-UP ITEMS
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