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G-02-11-14-12C1 - 11/14/2002ORDINANCE NO. V O� w r 12-4 -' C 1 AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FOR THE 2002-2003 FISCAL YEAR. WHEREAS, the Community Development Block Grant program has submitted a proposed operating budget for fiscal year 2002-2003, and WHEREAS, the City Council wishes to approve said proposal, Now Therefore BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS THAT: The operating budget submitted by and for the Community Development Block Grant program for fiscal year 2002-2003, 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 Ordinance 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. READ and APPROVED on ffirst reading this the J46-h day ::ODMA\WORLDOX\0:\WDOX\ORDINANC\021024B1.WPD/sc , 2002. READ, APPROVED and ADOPTED on second reading this the Jf rf. I day of L 1 , 2002. ATTEST: WELL, Mayor City of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secretar 2 City of Round Rock CDBG Fund #790 2002-2003 Proposed Budget 01-02 01-02 Estimated Actual Proposed Budget Beg. Est. Unreserved Fund Balance 10/1/02 REVENUES (a): CDBG Program Income Total Revenues EXPENDITURES: $0 $0 $0 $0 386,295 678,469 371,563 740,906 3,600 3,600 2,102 3,000 389,895 682,069 373,665 743,906 2000 Program Grant Funding Project 1: Neighborhood Enhancements 123,761 11,639 0 11,639 Project 2: Economic Opportunities 20,038 766 766 0 Project 3: Home Ownership Assistance 10,259 0 0 0 Project 4: Program Administration 0 0 0 0 Subtotal 2000 Program Grant Expenditures 154,059 12,405 766 11,639 2001 Program Grant Funding Project 1: Neighborhood Enhancements 3,455 38,545 2,383 36,162 Project 2: Economic Opportunities 38,084 40,569 30,796 9,773 Project 3: Home Ownership Assistance 100,000 12,000 12,000 0 Project 4: Program Administration 68,297 0 0 0 Project 5: Public Services 26,000 38,950 37,160 1,790 Project 6: Senior Center Rehab 0 70,000 0 70,000 Subtotal 2001 Program Grant Expend. 235,836 200,064 82,339 117,725 2002 Program Grant Funding Project 1: Neighborhood Enhancements (b) 0 40,000 0 41,842 Project 2: Economic Opportunities 0 53,600 19,022 33,080 Project 3: Home Ownership Assistance: 0 234,765 149,615 85,150 Project 4: Program Administration 0 70,000 68,158 0 Project 5: Public Services 0 69,900 52,430 17,470 Project 6: Lead -Based Paint: 0 240 240 0 Project 7: Rehab. Existing Homes: 0 1,095 1,095 0 Subtotal 2002 Program Grant Expend. 0 469,600 290,560 177,542 2003 Program Grant Funding Project 1: Neighborhood Enhancements 0 0 0 104,215 Project 2: Economic Opportunities 0 0 0 30,885 Project 3: Home Ownership Assistance: 0 0 0 100,000 Project 4: Program Administration 0 0 0 86,800 Project 5: Land Aqusition 0 0 0 50,000 Project 6: Public Services 0 0 0 65,100 Subtotal 2003 Program Grant Expend. 0 0 0 437,000 Total Expenditures 389,895 682,069 373,665 743,906 Estimated Unreserved Fund Balance 9/30/03 ($0) $0 ($0) (a) The FY03 budgeted award is $434,000. The additional $306,906 are prior years' awards not yet spent. (b) $1,842 left over from Program Administration (Project 4) of 2002 program funding reallocated to Neighborhood enh Cdbg 03 1 DATE: November 7, 2002 SUBJECT: City Council Meeting — November 14, 2002 ITEM: * 12.C.1. Consider an ordinance adopting the 2002-2003 Community Development Block Grant Budget. (Second Reading) Resource: Joe Vining, Planning Director Mona Ryan, Community Development Coordinator History: The 2002/2003 Community Development Annual Action Plan was adopted by Resolution R -02-07-25-14D1 and approved by the Department of Housing and Urban Development on October 1, 2002. Funding: Cost: $434,000 Source of Funds: Community Development Block Grant Outside Resources: U.S. Department of Housing and Urban Development Benefit: Adoption of the annual budget allows the implementation of Community Development Block Grant planned activities for the next fiscal year. Programs identified in the Annual Action Plan will directly benefit the low to moderate - income citizens of Round Rock. Public Comment: All the required public hearings were held during the development process of this new plan. Sponsor: Planning and Community Development Department.