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Tax Base Supplement Grant

This funding opportunity provides financial support to local taxing districts and governments affected by the closure of the Colstrip power plants, helping them maintain essential services and mitigate tax revenue losses.

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Grant Description

Grant Opportunity: Tax Base Supplement Grant Funding Organization: Local Community Foundations Contact Information: Taylor Crowl, Program Officer Phone: 406-603-4913 Email: taylor@mtcf.org Program Description: The Tax Base Supplement Grant aims to provide funding for tax revenue shortfalls resulting from the closures of the Colstrip power plants. It also assists in offsetting potential tax increases in Colstrip and Rosebud County. Eligible applicants include taxing districts, city, and county governments that can demonstrate the direct impact of power plant closures on their taxing revenues. The grant funds should be used to maintain existing services and cannot be allocated for special projects outside of normal yearly operating budgets. The grant application can be submitted online through the MCF grant portal. The Committee will review the applications and notify applicants of their decision. It is important to note that not all proposals will be funded, and the requested amount may not be fully granted. The grant guidelines specify that grants should be coordinated with other forms of relief, such as budget cuts and reserve funds.

Funding Details

Award Range

Not specified - Not specified

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

City or township governments
County governments

Additional Requirements

Eligible applicants include taxing districts, city, and county governments that can demonstrate the direct impact of power plant closures on their taxing revenues. The grant funds should be used to maintain existing services and cannot be allocated for special projects outside of normal yearly operating budgets.

Geographic Eligibility

Colstrip

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Taylor Crowl

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Categories
Agriculture
Business and Commerce
Capacity Building
Community Development
Disaster Prevention and Relief