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:
Individuals interested in becoming a qualified fiscal agent may contact APUC staff for additional information and register to attend a certification training.
- Local Economic Developers
- County Agents
- Regional Councils
- RC&D Coordinators
- Agricultural Loan Officers
- Personal Banker/Loan Officers