CLA (CliftonLarsonAllen)’s Post

A grants management system can help with accuracy, timing, compliance, and monitoring for all aspects of ARPA funding compliance.

A grants management system can help with accuracy, timing, compliance, and monitoring for all aspects of ARPA funding compliance.

Keep your organization in compliance with ARPA regulations while saving money and improving staff communication. Learn more about how CLA’s grants management solution can help you set up and track budgets, generate grant reports, manage grants received, get automated reminders, and more.

Progress is perfection

Federal grant compliance requirements are not intuitive and come with a high risk of noncompliance. On May 14, come for a full day devoted to learning the basics of federal grants compliance, covering the requirements of the OMB Uniform Guidance, with an additional focus on cooperative agreements received by not-for-profit organizations. https://hubs.li/Q02tm-hS0

New Blog Post Alert: Exploring the Challenges of Federal Grants Management We are delving into the complexities of Federal Grants Management with Rachel Werner, CEO of RBW Strategy! Federal grants are vital for driving positive change, but navigating their management can be tough. Join us as we uncover the challenges. #GrantsManagement #FederalGrants #GovernmentFunding #GrantWriting #RBWStrategy #RedstartCreative #NewBlogPost https://lnkd.in/eETWriNt

Highly recommend this NFP Essentials Course!

From pre-award through closeout, our experts help agencies develop effective strategies throughout the grant’s life cycle to improve successful oversight and execution of grant funds. https://lnkd.in/eVVJiWZA #grantsmanagement

Mayoral Memo 130 Securing grants is increasingly becoming a complex and competitive process for councils. With many councils vying for the same limited funds, the challenge is not just about winning the grant but also about managing the uncertainties and costs associated with the application process. Over the last six financial years, Dubbo Regional Council has received varying amounts in capital grants: Starting from $35M in the 2017/18 financial year followed by $28M; $17M; $28M; $29M and then $30M in 2022/2023. These figures highlight a three-year decline followed by a three-year increase, illustrating the unpredictability in grant funding. This inconsistency makes budgeting extremely difficult, as councils must plan their finances without knowing how much grant money will be available. Applying for grants is not a cost-free endeavour. Smaller councils, in particular, face the tough decision of whether to invest in the application process without any guarantee of success. This financial strain can sometimes lead them to forgo applying altogether. The cost of preparing a comprehensive grant application can be substantial, encompassing staff time and external consultancy fees. The Federal Government's Financial Assistance Grants offer a more predictable source of funding. These untied grants are allocated based on a formula and provide councils with a reliable income stream to use as they see fit. I am currently sitting in chilly Canberra at the ALGA Regional Forum. The first point that the President made in her opening address was that financial sustainability is the number one issue facing councils. However, we cannot solely rely on government funding to achieve financial sustainability. In a proactive move towards financial stability, Dubbo Regional Council has embarked on a public-private partnership (PPP) with Squadron Energy. This project, valued at $3.6M, has received initial approval to proceed from the Office of Local Government. Effective partnerships hinge on mutual benefit, and our agreement with Squadron Energy is a testament to this principle. Squadron needed to secure approximately 2 gigalitres of water over five years. One option was to purchase temporary water licenses on the open market at an estimated cost of $700,000. Dubbo Regional Council has a strategic plan to upgrade our wastewater treatment capabilities, and typically we would look for grants. In discussions with Squadron, we reached an MOU where they agreed to fund the $3.6M construction of an advanced wastewater treatment facility. In return, they will have access to the water they need and then the Dubbo community will have access to an additional 700Ml of water treated to a higher standard. While the journey to financial sustainability is fraught with challenges, innovative solutions and strategic partnerships can pave the way for a more secure financial future for Dubbo and other councils across Australia.

🌟 Excited to share insights on achieving grant management success! 🌟 In my latest article, I delve into strategies that enhance financial stewardship, foster strategic partnerships, and ultimately ensure impactful community outcomes. From navigating economic uncertainties to maximizing grant effectiveness, there's a lot to explore. Join me in uncovering these proven strategies and empower your organization to thrive in any environment. #GrantManagement #FinancialStewardship #CommunityImpact #StrategicPartnerships #EconomicUncertainty