Sets maximum matching fund requirements for state grants to small incorporated cities for capital construction and municipal infrastructure.

The bill establishes maximum matching fund requirements for state grants to small incorporated cities for capital construction and municipal infrastructure. It specifies that incorporated cities with a population not greater than 5,000 may be required to provide matching funds of not greater than three percent of the grant award. For cities with a population greater than 5,000 but not greater than 7,500, the maximum is seven percent. For cities with a population greater than 7,500 but not greater than 10,000, the maximum is nine percent.

Sets maximum matching fund requirements for state grants to small incorporated cities for capital construction and municipal infrastructure.

The bill establishes maximum matching fund requirements for state grants to small incorporated cities for capital construction and municipal infrastructure. It specifies that incorporated cities with a population not greater than 5,000 may be required to provide matching funds of not greater than three percent of the grant award. For cities with a population greater than 5,000 but not greater than 7,500, the maximum is seven percent. For cities with a population greater than 7,500 but not greater than 10,000, the maximum is nine percent.