(a) When the City anticipates that the need for a Grant program will extend beyond a single fiscal year, subject to the budgetary and fiscal provisions of the Charter, it shall be the policy of the City that Granting Agencies shall enter into Grants with terms of multiple years. If the duration of the service is unknown at the time the agreement is executed, Granting Agencies shall enter into Grants that include options to extend the term of the Grant unless infeasible. The Granting Agencies shall promptly inform Grantees of planned renewals or extensions.
(b) In negotiation and development of multiple year Grants, Granting Agencies shall consider the cost of inflation in subsequent years of the Grant, as well as other necessary programmatic or operational changes in costs. The Controller shall provide guidance to Granting Agencies regarding cost topics such as inflation, the treatment of blended funding, exceptions to costs that might receive an increase, the treatment of new funding sources, and other concerns that relate to sustainable and appropriate funding structures.
(c) Before amendment, renewal, or extension, of a Grant, Granting Agencies and Grantees will negotiate and communicate regarding compensation relating to modified scopes of services.
(Added by Ord. 216-23, File No. 230483, App. 11/3/2023, Eff. 12/4/2023)