N.M. Code R. § 4.5.9.16

Current through Register Vol. 35, No. 11, June 11, 2024
Section 4.5.9.16 - MAINTAINANCE OF EFFORT

A grant recipient's governing body shall not reduce the grant recipient's budget as a result of the grant recipient's receipt of a special grant. Upon demonstrated evidence that such a reduction has occurred, the grant recipient shall be ineligible to receive special grants or state grants-in-aid for one year after the reduction occurs.

N.M. Code R. § 4.5.9.16

Adopted by New Mexico Register, Volume XXVI, Issue 12, June 30, 2015, eff. 7/1/2015