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R-13-11-14-H9 - 11/14/2013RESOLUTION NO. R -13-11-14-H9 WHEREAS, the Finance Department has submitted a proposed operating budget for fiscal year 2013-2014 for the Community Development Block Grant Program, and WHEREAS, the City Council wishes to approve said proposal, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the operating budget submitted by the Finance Department for the Community Development Block Grant Program for fiscal year 2013-2014, attached hereto as Exhibit "A", is hereby approved. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 14th day of November, 2013. ATTEST: q/N4A, Kaa SARA L. WHITE, City Clerk 0112.1304;00285870 ALAN MCGRAW, Mayor City of Round Rock, Texas City of Round Rock CDBG Fund #790 2013-2014 Proposed Budget EXHIBIT DESCRIPTION OF ITENI 12-13 kpproccd Res iced Budget 12-13 actual 13-14 Proposed Budget Beg. Est. Unreserved Fund Balance 10/1/13 REVENUES (1) CDBG Funding Prior to 2013 CDBG FY 2012-2013 CDBG FY 2013-2014 Total Revenues Available Balance EXPENDITURES: Prior Year Programs Grant Funding $0 $0 269,930 269,930 482,431 $0 180,557 301,874 514,534 752,361 450,487 816,408 752,361 450,487 816,408 Project 1: Program Administration 95,742 95,191 Project 2: Public Services 59,856 50,746 Project 3: Public Facilities 69,440 69,440 Project 5: Parks & Recreational Facilities 247,689 3,860. 243,829 Project 6: Fair Housing Administration 744 744 Project 7: Interim Assistance 25,000 25,000 Project 8: Neighborhood Enhancements 53,400 5,016 48,384 Project 11: Street Maintenance Program 200,490 200,490 Un -Allocated - To be re -programmed 9,661 Subtotal 2013 Program Grant Expenditures 2014 Program Grant Funding 752,361 450,487 301,874 Project 1: Program Administration 0 0 102,406 Project 2: Public Services 0 0 77,180 Project 3: Public Facilities 0 0 259,448 Project 4: Home Repair Program 0 0 50,000 Project 6: Fair Housing Administration 0 0 500 Project 7: Interim Assistance 0 0 25,000 Subtotal 2014 Program Grant Expenditures 0 0 514,534 Total Expenditures 752,361 450,487 816,408 Estimated Unreserved Fund Balance 9/30/14 $0 $0 $0 NOTE: (1) The FY14 budgeted award is $514,534. The additional $301,874 is prior years' awards not yet spent. jr-ROCK TEXAS UNDM PROSPERITY City of Round Rock Agenda Item Summary Agenda Number: H.9 Title: Consider a resolution adopting the Community Development Block Grant (CDBG) Budget for the 2013-2014 Program Year. Type: Resolution Governing Body: City Council Agenda Date: 11/14/2013 Dept Director: Cheryl Delaney, Finance Director Cost: Indexes: Attachments: Resolution, Exhibit A Department: Finance Department Text of Legislative File 13-866 The Community Development Block Grant Program (CDBG) was developed in 1974 and works to ensure decent affordable housing and to provide services to the most vulnerable in our communities. CDBG is an important tool for helping tackle serious challenges facing our community. To be eligible for CDBG funding, activities must meet one of the three national objectives of the program which are 1) benefit low to moderate income persons 2) prevention of slums or blight 3) meet an urgent need. The City is required to adopt an Annual Action Plan for the City of Round Rock's Community Development Block Grant Program (CDBG). The City of Round Rock has been awarded $514,534 in CDBG funds for Program Year 2013-2014 (October 1, 2013 - September 30, 2014). Consider an ordinance adopting the Community Development Block Grant (CDBG) budget for Program Year 2013-2014. The 2013-2014 Program Year is the Fifth Year of the Five Year Consolidated Plan (2009-2013). These funds will be used for the Community Development Block Grant activities approved in the Fifth Program Year Action Plan that was adopted at the July 25, 2013 City Council meeting by Resolution R -13-7-25-F8. The following programs will be funded in fiscal year 2013-2014: Public Services 77,180 (15%) Infrastructure and Housing 334,447 (65%) Program Administration 102,906 (20%) 2013-2014 Budget: $514,534.00 City otRound Rock Page 1 Printed on 11/12/2013