Key Statutory and Regulatory Budget Requirements: 

 

·         Cost per MSY for 2010-2011 = $12,600

·         Equipment costs must not exceed 10% of the total Corporation share.

·         Administrative costs must not exceed 5% of the total Corporation funds requested.

·         Must include $2,000 in Staff Travel for funds to travel to Corporation-sponsored meetings

·         Trainer/Consultant daily rates may not exceed $540

·         The maximum cost of member service gear, inclusive of any standard packages which may be offered, is $35 per member.  For programs that require the professional uniform, a collared shirt, the maximum cost is $70 per member.  Programs that require additional safety gear can budget up to an additional $150 per requested member.  Charge all other costs associated with member gear to the grantee share.

 

·         Overall Match Requirements will increase up to 50% over a 10 year period following the schedule in the table below.
  

 

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10 and on

Minimum Overall Share

24%

24%

24%

26%

30%

34%

38%

42%

46%

50%

 

·         AmeriCorps Living Allowance Table
 

Table 4. Minimum and Maximum Living Allowance

 

Service Term

Minimum # of Hours

Ed Award

MSY

Minimum Living Allowance

Maximum Total Living Allowance

Full-time

1700

$5,350

1.000

$11,800

$23,600

One-year Half-time

900

$2,675

0.500

n/a

$12,500

Two-year Half-time

900

$2,675

0.250

n/a

$12,500

Reduced Half-time

675

$2,038

0.381

n/a

$9,370

Quarter-time

450

$1,415

0.265

n/a

$6,250

Minimum-time

300

$1,132

0.212

n/a

$4,160

Full-time Living Allowance

$11,800