Friday, May 28, 2004 |
PTC tweaks rules for nonprofit fundingBy JOHN MUNFORD Nonprofit organizations seeking funds from Peachtree City are now required to file financial reports or budget information when they apply for assistance. That was one of the changes insituted by a unanimous vote of the city council at its regular meeting last week. There was also a change in how the fund amount for each organization is calculated. For each funding request approved by the council, the amount of funding will be limited to the lesser of either the amount requested by the organization, a calculated amount based on the percentage of Peachtree City residents served by the organization, or $7,500. Previously, the requests were limited to a maximum of $7,500 with council having the freedom to choose any amount up to that limit. Councilwoman Judi-ann Rutherford said she was pleased with the changes to the policy, which council had previously discussed at its retreat in April. Another change requires each non-profit organization requesting assistance from the city to fill out a form. The citys requirement of filing all funding requests by June 1 for the following budget year remains in place. The city budgets $25,000 a year to address funds requests for all non-profit organizations. In recent months, the citys policy for funding nonprofit organizations has come under scrutiny through funding requests for the Field of Hope, a handicap-accessible baseball field, and an organization that has created a dog park. |
What do you think of this story? Click here to send a message to the editor. |