Thursday, August 5, 2010

Stay Tuned - NCAC Grants Funding

The North Carolina Legislature recommended sustained grants funding for the North Carolina Arts Council, but because of concerns about Medicaid reimbursement and economic stimulus extensions, 1% was held back from every state department. The net effect on grants was a 2.5% holdback. 

The federal jobs bill that broke through a filibuster yesterday has $16 billion in Medicaid reimbursement, and the bill is expected to be on the President's desk in the next few days. This could mean good news for grant recipients, but the impact will not be known when grants are announced by Secretary Carlisle at a news conference Monday in Durham. 

Stay tuned and live expectantly.

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