G-00-11-09-9C1 - 11/9/2000ORDINANCE NO. l7 -00-1 i_ o- 9 i
AN ORDINANCE AMENDING THE 2000-2001 COMMUNITY
DEVELOPMENT BLOCK GRANT PROGRAM BUDGET.
WHEREAS, the City Council has previously adopted a 2000-2001
Community Development Block Grant Program Budget, and
WHEREAS, the City Council wishes to amend said budget in
accordance with the attached proposal, Now Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS, THAT:
That the 2000-2001 Community Development Block Grant Program
Budget 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
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, and the Act.
READ and APPROVED on first reading this the (� day
of OeJ&Lv
, 2000.
READ, APPROVED
and ADOPTED on second reading this the
9 day of flL1JLTYLh-€Jt)' , 2.00
JOE LAND, City Secretary
K:\WPDOCS\ORDINANC\001026A1.WPD/sc
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R�.
A7 STLUKA, JRV Mayor
City of Round Rock, Texas
City of Round Rock
CDBG Fund 8790
2000-2001 Proposed Budget
DESCRIPTION OF ITEM
98-99
Actual
Budget
99-00 99-00
Revised Estimated'
Budget Actual
00-01
Proposed
Budget
Beginning Estimated Unreserved Fund Balance 10/1/99
REVENUES:
CDBG
Program Income
Total Revenues
EXPENDITURES:
$0
$0.00
$0
$0
410,000 413,000 246,553 599,447
1,300 1,300 3,600
410,000 414,300 247,853 603,047
2000 Program Grant Funding
Project 1: Neighborhood Enhancements 240,000 135,400 0 135,400
Project 2: Economic Opportunities (a) 50,000 76,300 64,959 20,788
Project 3: Home Ownership Assistance 60,000 120,000 119,741 10,259
Project 4: Program Administration 60,000 82,600 63,153 0
Subtotal 1999 Program Grant Expenditures
2001 Program Grant Funding
Project 1: Neighborhood Enhancements
Project 2: Economic Opportunities
Project 3: Home Ownership Assistance
Project 4: Program Administration
Project 5: Public Services
Subtotal 2000 Program Grant Expenditures
Total Expenditures
Operating Reserves ro>
410,000 414,300 247,853 166,447
410,000
0
15,000
78,600
197,000
81,050
64,950
436,600
247,853 603,047
0 0
Estimated Unreserved Fund Balance 9/30/00 $0 $0 $0
(a) The 2000-2001 revised Budget reallocates $19,446.93 in remaining Program Admistration grant funding.
$9446.93 will be used in Project 2 (Microenterprise Assistance Center) and $10,000 will be used in HOAP, Project 3.
The remaining balance in Project 4 is being reallocated to Project 2 and Project 3 per HUD requirements.
(b) Operating Reserves are established in accordance with operating reserve policies.
00cdbg79.xls 1
City of Round Rock
CDBG Fund # 790
Analysis of Fund Balance
10/13/00
Estimated Fund Balance 10/1/00
Less Reserves (*1)
Estimated Revenue (FY 2000-2001)
Total Funds Available
Estimated Expenditures (FY 2000-2001)
Estimated Unreserved Fund Balance 9/30/01
*1 - Reserves are established in accordance with operating reserve policies.
$ 0
0
603,047
603,047
(603,047)
$ 0
DATE: November 3, 2000
SUBJECT: City Council Meeting — November 9, 2000
ITEM:
9.C.1. Consider an ordinance amending the 2000-2001 Community
Development Block Grant (CDBG) Program Budget. (Second
Reading) The budget is being amended to roll over unexpended
program administration funds and include program income. The first
reading of the ordinance was approved on October 26, 2000.
Resource: Joe Vining, Planning Director; Mona Ryan, Community Development
Coordinator
History: Unexpended administration funds cannot carry over each year and must be
reallocated to existing activities in the same program year. This does not
constitute a substantial amendment to the Action Plan and therefore does not
require a public hearing. (Ref: 24 CFR, Part 91.105) On October 9, 2000, the
Community Development Advisory Commission recommended that these funds
be split between Program 2, Economic Opportunities, and the Homeownership
Assistance Program (HOAP). Additionally, projected program income
generated from Connection Station must be included in the 2000/2001 CDBG
budget.
Funding: Community Development Block Grant
Cost: $23,046.93
Source of Funds: Program 4: Program Administration ($19,446.43)
Program 2: Economic Opportunities ($3,600.00)
Outside resources: Department of Housing and Urban Development (HUD).
Impact:
$10,000.00 reallocated to HOAP
$9,445.96 reallocated to Economic Opportunities
$3,600.00— Connection Station monthly user fees
Benefit: HOAP: $10,000 will provide down payment assistance to least
two additional income eligible families; and
Economic Opportunities (Connection Station): $9,445.96 will be
used to offset contract labor expenses; $3,600 will be used to
offset telephone and utilities expenses.
Public Comment: None
Sponsor: N/A