As Warren Buffet says “All times are uncertain. Sometimes we just didn’t know it.” It’s safe to say, we know current times are fraught with uncertainty.
President Obama recently released his $4 trillion Fiscal Year 2016 federal budget, a wish list of items he wants to pursue in his last full year in office. It’s only a wish list because it must be passed by politicians on both sides of the aisle. After that, any approved amounts have to be turned into funding programs and announcements. So while this budget is anything but definite there are several points of interest for the grant world. Theoretically, you will have plenty of time to prepare for any resulting requests for proposals. FY 2016 is from October 1, 2015 through September 30, 2016.
It is certainly no secret that many states across the country are struggling financially. Public pension burdens can be staggering, costs of providing education and Medicaid continue to rise, and legislators are scrapping to find solutions. The state of Illinois, home of TheGrantHelpers.com, is a prime example of this phenomenon. Right now, the Illinois State Legislature is considering two areas that specifically affect municipal revenue: