Fiscal agents serve as an integral part of the grant program as they work closely with APUC staff and grantees to administer grant funds. For the duration of a grant, it is required of a fiscal agent to track all project expenditures and supplemental financial documentation according to the approved project budget.

At the close of the grant, the fiscal agent and grantee must coordinate efforts to compile the final report, consisting of an executive summary describing the work performed and results obtained, in addition to a supplemental financial report of all incurred project expenditures.     

Parties interested in applying for grant funds are encouraged to visit with APUC staff and economic advisors prior to submission of their proposal. Applicants must secure a qualified fiscal agent for the for these purposes for the duration of the project. Grant requests may also include an additional fiscal agent administrative fee of up to five percent of the amount requested, not to exceed $5,000, for their services. 

Applicants may contact APUC staff and their regional economic development agency for guidance in attaining professional staff eligible to be a fiscal agent. 

Qualifying Fiscal Agents:

• Local Economic Developers
• County Agents
• Regional Councils
• RC&D Coordinators
• Agricultural Loan Officers
• Accountants
• Personal Banker/Loan Officers

Fiscal Agent Certification Training

The purpose of the training is to encompass the key components of what is required of a fiscal agent for the duration of a grant project. The session also provides an opportunity to answer any other questions regarding APUC and the application process.

Successful completion of the training certifies a thorough understanding of the grant program and relationship of all parties involved to include APUC staff and Commission, grantee, fiscal agent and project advisor.

Topics Discussed:

• Application process
• Matching funds
• Best practices for reimbursing funds to grantee
• Tracking grant expenditures in project budget
• Allowable/Unallowable costs
• Acceptable forms of financial documentation 
• Helpful resources
• On-site project monitoring
• Regulatory updates

Register to Attend