FY24 Funding Cycle has begun: LOIs Now Available

The Big Sky Resort Area District is accepting Letters of Inquiry (LOIs) for the FY24 (7/1/23-6/30/24) funding cycle beginning on Wednesday, February 1, 2023. An LOI is an organization’s formal request to apply for Resort Tax funds. Approved LOIs will be invited to complete detailed project applications. As required by law, an applicant must be a legal entity formed under the laws of the State of Montana. The applicant must be “an entity” that is capable of both “legally and practically” carrying out the purpose of the allocation and located within the Resort Area District. The applicant must be a governmental unit, corporation, or limited partnership with the capability of being legally bound by an agreement.

LOIs and supporting documents must be completed using the online portal by Wednesday, February 15, 2023, to be considered. More information can be found at ResortTax.org/funding or by contacting the District Office at 406-995-3234.

Important Dates:

February 1st – February 15th: Letters of Inquiry (LOIs)
The first step of the application process, LOIs are used to gather information about the sponsoring organization as well as basic project information.
Deadline: To be eligible for funding, LOIs must be submitted by 11:45 pm on Wednesday, February 15th.

March 1st – March 31st: Project Applications
Approved LOI submissions are invited to complete project applications outlining project details including deliverables, goals, and milestones.
Deadline: To be eligible for funding, project applications must be submitted by 11:45 pm on Friday, March 31st.

June 5th, June 6th, & June 8th: Application Review Meetings
Open to the public, these meetings are where the Board hears community feedback, discusses requests, and determines funding awards.

 

 

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