File #: 22-0394    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 3/17/2022 In control: Finance Committee
On agenda: 3/21/2022 Final action: 4/6/2022
Title: Request to approve the following 2021 Budget amendments: Community Development Block Grant Fund Federal Grant +$292,876 Grant Payments +$292,876 to record additional federal funds received in the Community Development Block Grant program (2/3 vote of Council required) Emergency Shelter Grant Fund Federal Grant +$546,081 Grant Payments +$546,081 to record additional funds received for COVID-19 mitigation (2/3 vote of Council required) Housing Rehabilitation Loan Fund Federal Grant +$107,332 Project Repayments +$ 31,631 Grant Payments +$138,963 to record additional funds received in the Housing Rehabilitation Loan program (2/3 vote of Council required) City Center Capital Projects Fund Fund Balance Applied +$ 4,158 Machinery & Equipment +$ 4,158 to record additional expense related to equipment (2/3 vote of Council required)
Attachments: 1. 2021 Final Budget adjustments_.pdf

Title

Request to approve the following 2021 Budget amendments:

 

Community Development Block Grant Fund

Federal Grant                                                                                                                                                                                                                                                                +$292,876

Grant Payments                                                                                                                                                                                                                                                                +$292,876

 

to record additional federal funds received in the Community Development Block Grant program (2/3 vote of Council required)

 

Emergency Shelter Grant Fund                     

Federal Grant                                                                                                                                                                                                                                                                +$546,081

Grant Payments                                                                                                                                                                                                                                                                +$546,081

 

to record additional funds received for COVID-19 mitigation (2/3 vote of Council required)

 

Housing Rehabilitation Loan Fund

Federal Grant                                                                                                                                                                                                                                                                +$107,332

Project Repayments                                                                                                                                                                                                                                            +$ 31,631

Grant Payments                                                                                                                                                                                                                                                                +$138,963

 

to record additional funds received in the Housing Rehabilitation Loan program (2/3 vote of Council required)

 

City Center Capital Projects Fund

Fund Balance Applied                                                                                                                                                                                                                        +$  4,158

Machinery & Equipment                                                                                                                                                                                                                        +$  4,158

 

to record additional expense related to equipment (2/3 vote of Council required)