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Why must the proposal include complete financial statements for the past three fiscal years?

April 26, 2017COMPLETE financial statements proposal

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Why must the proposal include complete financial statements for the past three fiscal years?

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Grant funds are paid to the grantee as a reimbursement for eligible expenditures. The review of the financial statements by LWD’s Budget and Accounting department will ensure the applicant has the capacity to fund the expenses of the program until the reimbursement is received from LWD.