Access the Budget section by clicking the circle labeled Budget at the top of the page (Application Timeline).
Overview of Project Information & Budget Sections
The Budget Section validates against the Project Information Section.
In order for the Budget to be marked as complete, the line item totals for the: Grant Funded, Cash Match, and In-Kind amounts must sum to what was entered on the Project Information section.
On the Project Information Page:
- Award Requested = Grant Funds
- Total Award Budget = Grant Funds + Cash Match + In-Kind Match
Those values in the Budget must equal the values in the Project Information Page. E.g.: In the example below, the applicant is requesting $100,000 in grant funds and $50,000 in cash match.
*Verify there are no red errors on the bottom left side of the budget in order for you to Mark as Complete.
Error Text: The cash match total cannot exceed the cash match for the project.
To Fix:
- Decrease Cash Match amounts in the Expense Budget to equal what is entered in the Project Information section.
- Increase the Cash Match Contribution in the Project Information section.
Error Text: The in-kind match total cannot exceed the in-kind match for the project.
Similar to Cash Match above.
Error Text: The grant-funded total cannot exceed $XXX,XXX.
To Fix:
- Decrease Grant Funded amounts in the Expense Budget to equal what is entered as Award Requested. This will be fixed in the Project Information section.
- Increase the Award Requested amount on the Project Information section.
Error Text: The Total Overall Budget Cost must be $0.00
To Fix:
-
Increase/decrease the amounts in the Expense Budget or Revenue Budget so the Total Budget Costs are equal. Total Expense Budget Cost = (Total Revenue Budget Cost)
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- Expense Budget – edit line items’ direct cost to correct Total Budgeted column.
- Revenue Budget – edit amounts in the Project Information section.