(a) Subject to annual appropriations by the Legislature, grants will be made to successful applicants pursuant to the review and approval criteria set forth herein, in amounts not to exceed:

1. (1) $50,000 for high priority planning grants,
2. (2) $25,000 for two municipalities with an additional one thousand dollars for each additional municipality participating in the application, the maximum grant award not to exceed $35,000, for general efficiency planning grants,
3. (3) $200,000 per municipality, the maximum grant award not to exceed one million dollars, for efficiency implementation grants,
4. (4) $400,000 per municipality for twenty-first century demonstration project grants.

(b) Applicants will be required to provide matching funds, equal to 10 percent of the total cost of activities approved by the Department of State, as follows:

1. (1) ten percent matching funds for High Priority Planning Grants;
2. (2) ten percent local matching funds for General Efficiency Planning Grants;
3. (3) ten percent local matching funds for efficiency implementation grants, except that in the event an applicant is implementing a project that the applicant developed through a successfully completed planning grant funded under this Part or the shared municipal services incentive grant program (Part 814 of this Title), the local matching funds required shall be reduced by the local matching funds required by such successfully completed planning grant;
4. (4) ten percent local matching funds for twenty-first century demonstration project grants.