060-3 Wyo. Code R. § 3-4
The Board shall award funding in the following manner:
(a) The Board shall award approximately eighty-seven and one half percent (87.5%) of the available funds for grants that do not exceed fifty percent (50%) of eligible project costs.
(b) The Board shall award approximately twelve and one half percent (12.5%) of the available funds for grants that are over fifty percent (50%) but do not exceed seventy-five percent (75%) of eligible project costs. In the event the Board does not award all of the designated 75% grant funds available at any grant meeting, those funds will be carried forward to the next grant meeting. In the event that the Board has not awarded all of the 75% grant funds by the end of the biennial appropriation period the remaining funds will revert to the 50% grant fund.
(c) The Board retains the authority to adjust the above award percentages as necessary to complete project funding.
060-3 Wyo. Code R. § 3-4