R-2014-1951 - 11/25/2014 RESOLUTION NO. R-2014-1951
WHEREAS, the Finance Department has submitted a proposed operating budget for
fiscal year 2014-2015 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 2014-2015, 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 25th day of November, 2014.
ALAN MCGRAW, Mayor
City of Round Rock, Texas
ATTEST:
SARA L. WHITE, City Clerk
0112.1404;00315715
City of Round Rock
CDBG Fund#790
2014-2015 Proposed Budget
13-14 13-14 14-15
Approved
Revised Actual Proposed
DESCRIPTION OF ITEM Budget Budget
Beg.Est.Unreserved Fund Balance 10/1/14 SO $0 $0
REVENUES(I)
CDBG Program Income 0 50,594 0
CDBG FY 2012-2013 301,874 81,000 220,874
CDBG FY 2013-2014 514,534 296,572 217,962
CDBG FY 2014-2015 0 0 502,576
Total Revenues 816,408 428,166 941,413
Available Balance 816,408 428,166 941,413
EXPENDITURES:
Prior Year Programs Grant Funding
2013 Program Grant Funding
Project 5:Parks&Recreational Facilities 243,829 39,967 203,862
Project 8: Neighborhood Enhancements 48,384 41,033 7,352
Un-Allocated-To be re-programmed 9,661 9,661
Subtotal 2013 Program Grant Expenditures 301,874 81,000 220,874
2013 Program Income Funding
Project 1: Program Administration 50,594 0
Subtotal 2013 Program Income Expenditures 0 50,594 0
2014 Program Grant Funding
Project 1: Program Administration 92,787 92,787 0
Project 2: Public Services 77,180 73,371 0
Project 3: Public Facilities 259,448 101,424 158,024
Project 4: Home Repair Program 50,000 5,160 44,840
Project 7: Interim Assistance 25,000 23,829 1,171
Un-Allocated-To be re-programmed 10,119 0 13,928
Subtotal 2014 Program Grant Expenditures 514,534 296,571 217,963
2015 Program Grant Funding
Project 1: Program Administration 0 0 100,516
Project 2: Public Services 0 0 75,386
Project 3: Public Facilities 0 0 251,674
Project 4: Home Repair Program 0 0 50,000
Project 9: Neighborhood Enhancements 0 0 25,000
Subtotal 2015 Program Grant Expenditures 0 0 502,576
Total Expenditures 816,408 428,166 941,413
Estimated Unreserved Fund Balance 9/30/14 SO SO SO
NOTE:
(1) The FYI 5 budgeted award is$502,576. The additional$438,837 is prior years'awards not yet spent.
EXHIBIT
„A„