YA Program Matching Funds Requirements
What are the matching funds requirements?
Wisconsin state statutes require that local YA partnerships awarded a Local YA Grant from the Wisconsin Department of Workforce Development (DWD) provide matching funds equal to at least 50% of the grant amount awarded. Matching funds may come from other federal, state, or local sources either through in-kind or direct cash assistance. This requirement applies to the TOTAL AMOUNT of the grant awarded to the local partnership only and NOT to individual school districts within the partnership.
- Matching funds must be used for services, activities, materials, and personnel that are necessary and reasonable for the operation of a YA program
- Matching funds must be incurred within the same time period as the Local YA Grant
- Matching funds must be adequately documented and verifiable
- Matching funds must be reported to DWD monthly, quarterly, or annually
Any combination of federal/state/local cash and/or in-kind sources necessary and reasonable to operate the YA program.
- Federal Examples:
- Carl Perkins funding
- "Tech Prep" funding
- Service Learning funding
- Workforce Investment Act (WIA) funding
- Local Source Examples:
- Local Businesses
- Community Organizations
- Chambers of Commerce
- Youth Training Support Service
Cash or In-Kind Matches:
- CASH: Any cash contributions provided by state or local governments, federal/state/local organizations, businesses or business organizations, foundations, and/or individuals
- IN-KIND: Donations of services, staff time, instructional costs, or supplies necessary to operate the YA program but not paid with YA Grant funds. In-Kind costs must be based on actual cash value, verifiable, and documented as to how value was determined