085-1 Wyo. Code R. § 1-15
(a) BRC loans do not require a match.
(b) A BRC loan can be used to satisfy match requirement.
(c) Match is based on total eligible project costs.
(d) Following is a breakdown:
| BRC Required Match | |||
| Category 1 Applicant | Category 2 Applicant | Notes | |
| Business Committed | 10% | 5% | Half of match must be cash |
| Community Readiness | 10% | 5% | Half of match must be cash |
| Community Enhancement | 25% | 20% | Half of match must be cash |
| Planning | 25% | 25% | Match must be all cash |
| All matches are calculated as a percentage of total project cost. | |||
(e) A grant for a "Planning" project shall require a minimum cash match of twenty-five percent (25%) of total eligible project activities. Community Development Block Grant funds cannot be used for a match.
(f) Applicants for all other projects are categorized based on population and local government share of state sales and use tax per capita. Categories determine the required match. Sales and use tax figures are updated annually by the Wyoming Department of Revenue and population figures are updated every five years by the U.S. Census Bureau. Sales and use tax figures used for determination will be an average of the three most recent years' data available. A schedule of categories will be regularly updated and posted on the Wyoming Business Council website.
085-1 Wyo. Code R. § 1-15
Adopted, Eff. 7/25/2016.