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R-2015-2201 - 2/12/2015 RESOLUTION NO. R-2015-2201 A RESOLUTION AMENDING THE BUDGET FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FOR THE 2014-2015 FISCAL YEAR. WHEREAS, the City Council has previously adopted an operating budget for fiscal year 2014-2015 for the Community Development Block Grant Program, and WHEREAS, the City Council wishes to amend said budget in accordance with the attached proposal, Now Therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: That the operating budget submitted for the Community Development Block Grant Program for fiscal year 2014-2015 is amended as set forth in Exhibit "A" attached hereto and incorporated herein. 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 Ordinance 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 12th day of February, 2015 ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: 1/17/itt—. Ikak SARA L. WHITE, City Clerk 0112.1504;00328445;JP City of Round Rock CDBG Fund#790 2014-2015 Proposed Budget Revision 13-14 13-14 14-15 14-15 Approved Revised Actual Adopted Proposed DESCRIPTION OF ITEM Budget Budget Budget Beg.Est.Unreserved Fund Balance 10/1/14 $0 $0 $0 $0 REVENUES") CDBG Program Income 0 50,594 0 0 CDBG FY 2012-2013 301,874 81,000 220,874 220,874 CDBG FY 2013-2014 514,534 296,572 217,962 217,962 CDBG FY 2014-2015 0 0 502,576 502,576 Total Revenues 816,408 428,166 941,413 941,413 Available Balance 816,408 428,166 941,413 941,413 EXPENDITURES: Prior Year Programs Grant Funding 2013 Program Grant Funding Project 5:Parks&Recreational Facilities 243,829 39,967 203,862 203,862 Project 8: Neighborhood Enhancements 48,384 41,033 7,352 7,352 Un-Allocated-To be re-programmed 9,661 9,661 0 Subtotal 2013 Program Grant Expenditures 301,874 81,000 220,874 211,213 2013 Program Income Funding Project 1: Program Administration 50,594 0 0 Subtotal 2013 Program Income Expenditures 0 50,594 0 0 2014 Program Grant Funding Project 1: Program Administration 92,787 92,787 0 0 Project 2: Public Services 77,180 73,371 0 0 Project 3: Public Facilities 259,448 101,424 158,024 111,597 Project 4: Home Repair Program 50,000 5,160 44,840 44,840 Project 7: Interim Assistance 25,000 23,829 1,171 0 Un-Allocated-To be re-programmed 10,119 0 13,928 10,119 Subtotal 2014 Program Grant Expenditures 514,534 296,571 217,963 166,556 2015 Program Grant Funding Project 1:Program Administration 0 0 100,516 100,516 Project2:Public Services 0 0 75,386 75,386 Project 3:Public Facilities(2) 0 0 251,674 251,674 Project 4:Home Repair Program 0 0 50,000 50,000 Project 9:Neighborhood Enhancements(3) 0 0 25,000 25,000 Subtotal 2015 Program Grant Expenditures 0 0 502,576 502,576 2015 Prior Year Re-Programmed Funding Project 5:Parks&Recreational Facilities 2013 0 0 0 9,661 Project 5:Parks&Recreational Facilities 2014 51,407 Subtotal 2015 Prior Year ReProgrammed Expenditu 0 0 0 61,068 Total Expenditures 816,408 428,166 941,413 941,413 Estimated Unreserved Fund Balance 9/30/14 $0 $0 $0 $0 NOTES: (1) The FY15 budgeted award is$502,576.The additional$438,837 is prior years'awards not yet spent (2) $176,674 of$251,674 is a change of park and scope only. No budget dollars have changed (3) This line item is a clarification of location only.No budget dollars have changed EXHIBIT «A» I