two current executive members must sign all requests to use proceeds
all requests must include any required support documentation or completed forms
AGLC will mail the group’s Current Use of Proceeds List to the treasurer
a group that has an AGLC web account can view its Current Use of Proceeds List at any time
Timelines for using proceeds
Groups must use gaming proceeds within 24 months after receiving the proceeds. Any extension of this time must have prior written approval. The group must identify the amount, project end date and purpose.
What is cost recovery?
cost recovery means a group may only use proceeds to pay for eligible costs that are not already covered by revenue
revenue sources may include fees for people to participate in the group's program, rental income from the facility, grants etc.
if the revenue does not cover all expenses, the group may request approval to use gaming proceeds
Guidelines for use of proceeds
The following guidelines assist with some common eligible uses of gaming proceeds: