Topic: types of government grants

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The three general types of federal grants to state and local governments are categorical grants, block grants, and general revenue sharing (see Table 1). Categorical grants can be used only for a specifically aided program and usually are limited to narrowly defined activities 

 

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Internal financing undoubtedly represents the primary financial resources of the association in 1901. On the one hand, there is obviously the entry fees that the statutes of your association can provide. This is an amount paid by people who wish to join it.

The statutory provisions of an association may also require members to pay a subscription. They also establish a competent body that defines its amount, the frequency, and the due date of the payment. The payment of the contribution can, in any case, be made by bank transfer, check or cash. Note that the contributions must meet a real need for funding. In other words, the association must in no way transform them into a cash reserve

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