Post on 28-Dec-2015
PRESENTERSteve MalliarasUSDOL-ETA, San Francisco
Match and Leveraged Resources
Overview
Overview of Match & Leveraged Resources
Documentation Tips
Reporting Tips
Match and leveraged resources are resourcesThat contribute to the objectives of the DOL-ETA award That are outside of the DOL-ETA award
Match and Leveraged Resources
Match and leveraged resources are resourcesFrom the grantee
From a third party
Match and Leveraged Resources
Match or leveraged sources may be fromThe public sector
Examples: state or local governments
Caution: Original source of funds
Match and Leveraged Resources
Match or leveraged sources may be fromThe non- profit sector
Examples:
Community organizations
Faith -based organizations
Education and training institutions
Match and Leveraged Resources
Match or leveraged sources may be fromThe investor community
Examples:
Angel networks
Economic development entities
Match and Leveraged Resources
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Match or leveraged sources may be fromThe private sector
Examples: businesses or industry associations
The philanthropic community
Example: foundations
Match and Leveraged Resources
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Match authority: Required
Normally by statute or regulation Allowable activities
Applicable Federal cost principles Program regulations
What is match?
Match types:
“New” cash
In-kind resources
What is match?
Match is not: Federal funds Prior investments Unallowable expense / activity Unreported Undocumented
What is match, not?
Leveraged resources: Authority
Required or encouraged Activities
Allowable or unallowable activities Types
“New” cash or in-kind
What are leveraged resources?
Source documentation must be maintained to support valuation
Recording in the books of account Actual costs incurred
Funding source
Documentation
Source documentation Contributions received from a third party must include documentation
That the contributions were received
Method of valuation
Documentation
Both match and leveraged resources are reported to ETA
Some on the ETA-9130 quarterly reportSome on the ETA quarterly narrative report
Reporting to ETA
There are three key expenditure valuations that must be reported on ETA-9130Required matchNon-match leveraged resources that have a non-Federal fund Non-match leveraged resources that have a Federal fund source
Reporting on ETA-9130
Required match must be reported Line 10j: “Total recipient share required”Updated note: The amount is the “total match requirement”NOTE: Must meet the basic tenets
Be an allowable expense or activity Benefit the DOL-ETA grant Supporting documentation
Reporting on ETA-9130
Non-match leveraged resources that have a non-Federal funding source Line 10k: “Recipient share of expenditures”Updated clarification: The amount is both
the amount of match expenditures through that quarter, AND
the amount of non-Federal allowable leveraged resources through that quarter
Reporting on ETA-9130
Non-match leveraged resources that have a Federal funding sourceLine 11a: “Other Federal funds expended”
NOTE: Must meet the basic tenets Be an allowable expense or activity Benefit the DOL-ETA grant Supporting documentation
Reporting on ETA-9130
Non-match leveraged resources that Are a non-Federal funding source
Benefited the DOL-ETA grant
Are documented
But are not allowable
Reporting on ETAQuarterly Narrative Report
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