OPM: Mashantucket Pequot/Mohegan Fund Grant

Mashantucket Pequot/Mohegan Fund Grant
 


Program Description

The Mashantucket Pequot/Mohegan Fund annually distributes a grant to each of the state's 169 municipalities. The distribution is based on numerous factors including, but not limited to, the value of state-owned property, private college and general hospitals, population, equalized net grand list, and per capita income as set forth in Sections 3-55i, j, and k of the Connecticut General Statutes. Payment is made in three equal payments on January 1, April 1, and June 30th.

 

For Further Information, Please Contact:
David Kalafa: phone (860) 418-6221 - fax (860) 418-6493  -  e - mail -  david.kalafa@ct.gov

 

Program Objective Statement

To provide unrestricted grants to towns from the proceeds of the Mashantucket Pequot/Mohegan Fund.

 

Eligibility

All 169 towns.

 

Grant Activity

Fiscal Year 2015 - Paid Out: $61,779,907 - Recipients: 169 towns.

Fiscal Year 2014 - Paid Out: $61,779,907 - Recipients: 169 towns.

 

Key Dates

Between September 30 and October 30 - Obtain data from various units of OPM.

During November - Determine grants in accordance with the statutory formulas.

By December 15 - Prepare and certify Payment List (in the amount of 1/3 of the total grant) for the Comptroller.

By March 15 - Prepare and certify Payment List (in the amount of 1/3 of the total grant) for the Comptroller.

By June 15 - Prepare and certify Payment List (in the amount of 1/3 of the total grant) for the Comptroller.

 

Statutory References

Connecticut General Statutes (CGS): Sections 3-55i, 3-55j, and 3-55k.

 

Regulatory References

Not applicable.

 

Funding Source(s)

State: General Fund (100%).

 

Account Number

Fund: 12009 SID: 17005 - Dept.: OPM20600.

 

Catalogue of Federal Domestic Assistance (CFDA) Number

Not applicable.

 

General Statement of Process

Determines the annual amount payable to towns, in accordance with statutory formula. Prepares Payment List and Certification Letter for the Comptroller.





Content Last Modified on 5/8/2017 12:15:17 PM