Financial allocations to local governments by the federal or the state government to supplement the cost of a project is called

A.

revenue allocation

B.

reimbursement

C.

statutory allocation

D.

matching grant

Correct answer is D

Financial allocations to local government by the federal or the state governments to supplement the cost of a project is called matching grants.

Local governments in turn give matching grants to communities or institutions for completion of certain projects such as schools.