Economic Resilience & Stability
Economic Resilience & Stability
Why is This Important?
This measure would help to determine whether the County is using its resources strategically to apply for grants. A very high acquisition rate could indicate we are well-aligned in the funding sources we target but may also indicate we are overly cautious and could identify more competitive grant opportunities. A very low acquisition rate could indicate we are not being strategic enough in identifying grant opportunities or we could identify improvements in how we convey County data and needs to make grant applications more compelling.
What Does It Mean?
In Q2 2026, 10 grant applications were submitted to various funders. Of these 16 grants, 4 have been awarded, while 1 has been declined. The remaining 6 grants are still pending as of the end of Q2 2026. The grant acquisition rate is calculated by diving the number of grants awarded by the sum of grants awarded and grants declined. Therefore, the grant acquisition rate for Q2 2026 is 75%. The current status of this measure is green.
Definition
Number of grants awarded divided by the total number of grants submitted.
Littleton, CO 80120
https://www.arapahoeco.gov/