Revenue Sharing
About the Program
From 1947 to 1987, through a policy of City Council, the city shared part of its Federal Revenue Sharing funds with agencies, groups, and individuals who provided social services beneficial to the residents of Newark.In 1987, Federal Revenue Sharing funds were discontinued. The City of Newark Council, however, decided to continue services originally provided by Federal Revenue Sharing with an annual allocation from the city's general fund.
Funding
- Revenue Sharing funds are available to outside agencies which provide social services to Newark residents.
- Funding will only be considered for those persons within the proposal who are residents of the City of Newark.
- Funds allocated must be expended within the fiscal year.
- The proposal must not legally bind the City of Newark to financial support in subsequent years.
Eligibility Guidelines
When reviewing proposals for revenue sharing funding, the Community Development / Revenue Sharing Advisory Committee considers the following guidelines:- Projects aimed at social needs are encouraged
- Proposals containing multiple funding mechanisms (matches, grants-in-aid, etc.) are favored over ones depending entirely on city funds
- New programs needing start up help are encouraged
- Programs for capital projects only are discouraged
- "Overhead costs" should not be funded by the city
- Programs that have experienced federal funding cuts should be helped, all else being equal
- Committee is reluctant to fund projects that will always depend on revenue sharing funds for their operation
- The committee hopes programs started with revenue sharing funds will become financially independent within a few years of their initial funding.