Title
Request to approve the following 2015 Budget adjustments:
Community Development Block Grant (CDBG) Fund
Federal Grants +$65,445
Block Grant Payments +$65,445
to record additional CDBG funds awarded in 2015 and related expenditures.
Continuum of Care (CoC) Grant Fund
State Grants +$23,475
Grant Payments +$23,475
to record additional CoC funds awarded in 2015 and related expenditures.
Emergency Shelter Grant (ESG) Fund
State Grants +$44,182
Grant Payments +$44,182
to record additional ESG funds awarded in 2015 and related expenditures.
Room Tax Fund
Room Taxes Received +$98,359
Fund Balance +$33,081
Room Tax Payments to FCCVB +$88,992
Transfer to General Fund +$42,448
to record additional room taxes received in 2015 and related payment to the FCCVB. Also record the transfer of fund balance accumulated from prior years (representing the City's 5% administrative fee) to the general fund.
New Subdivision Fund
Reimbursement from Developer +$736,684
Street Construction +$715,158
Sidewalk Construction +$21,526
to record developer funded improvements in the Emerald Valley and Clearwater Creek subdivisions.
TIF #5 Fund
Fund Balance +$442,471
Payments to Other Taxing Jurisdictions +$436,271
Audit Fees + $6,200
to record final payments to the other taxing jurisdictions and audit fee related to the closeout of TIF #5.