Strategic Management Planning Program (STMP)
This grant funds Pennsylvania municipalities to develop and implement multi-year financial management plans to address fiscal challenges and improve long-term sustainability.
Funder: Pennsylvania Department of Community and Economic Development
Due Dates: Rolling
Funding Amounts: Up to $200,000 per grant; 50% matching required (local match may be reduced in cases of acute distress)
Summary: Matching grants for Pennsylvania municipalities to develop and implement multi-year financial management plans addressing fiscal challenges.
Key Information: Applications must be submitted electronically; local match may be reduced for distressed applicants.
Description
The Strategic Management Planning Program (STMP) provides matching grant funds to help Pennsylvania municipalities facing fiscal difficulties develop comprehensive, multi-year financial plans and set both short- and long-term financial goals. The program supports the creation and implementation of robust financial management strategies aimed at improving municipal fiscal health and sustainability. Projects may include hiring consultants for financial planning, management audits, and implementing best practices, as well as capacity-building activities and intergovernmental cooperation initiatives.
