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G-07-11-08-9C2 - 11/8/2007 ORDINANCE NO. AN ORDINANCE ADOPTING A BUDGET FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FOR THE 2007-2008 FISCAL YEAR. WHEREAS, the Community Development Block Grant program has submitted a proposed operating budget for fiscal year 2007-2008, and WHEREAS, the City Council wishes to approve said proposal, Now Therefore BE IT ORDAINED BY THE CITY 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 2007-2008, 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 first reading this the L> day of � 2007 . READ, APPROVED and ADOPTED on second reading this the 4T�1 day 2007 . 0:\wdox\ORLINANC\0-/11088-2.WPD/rmc po LL, Mayor C00Aity of �Round Rock, Texas ATTEST: LT CHRISTINE R. MARTINEZ, City Secr Lary 2 City of Round Rock CDBG Fund#790 2007-2008 Proposed Budget 06-07 06-07 07-08 Approved Actual Proposed DESCRIPTION OF ITEM Budget Budget Beg.Est.Unreserved Fund Balance 10/1/07 $0 $0 $0 REVENUES(') CDBG Prior Year Allocations 444,949 63,001 646,147 CDBG FY 2007-2008 396,478 128,098 403,458 Program Income 0 0 80,360 Total Revenues 841,427 191,099 1,129,965 Available Balance 841,427 191,099 1,129,965 EXPENDITURES: Prior Year's Reprogrammed Funds Project 5: Housing Rehab Program 0 0 179,092 Project 6: Public Services 0 0 17,824 Project 9: Land Acquisition 0 0 56,921 Subtotal Prior Year Re-Programmed Grant Expend(2) 0 0 253,837 2001 Program Grant Funding Project 6: To be Re-allocated 669 0 0 2003 Program Grant Funding Project 1: Neighborhood Enhancements 1,000 0 0 2004 Program Grant Funding Project L Neighborhood Enhancements 2,822 0 0 Project 2: Special Economic Opportunities 31,161 0 0 Project 5: Housing Rehab Program 23,485 16,295 7,189 Subtotal 2004 Program Grant Expend. 2005 Program Grant Funding Project 5: Housing Rehab Program 104,596 24,662 79,934 Project 6: Public Services 6,000 0 0 Project 7: Public Facilities Improvements 0 0 0 Subtotal 2005 Program Grant Expend. I I 0,59T _T,7_21 79,934 2006 Program Grant Funding Project 2: Special Economic Opportunities 50,000 0 0 Project 3: Home Ownership Assistance 87,546 13,080 285 Project 6: Public Services 20,708 1,744 7,140 Project 7: Public Facilities Improvements 116,961 7,219 109,742 Subtotal 2006 Program Grant Expend. - 275,775- '--1-17-7- 2007 Program Grant Funding Project 4: Program Administration 79,296 79,296 0 Project 5: Housing Rehab Program 245,211 0 245,211 Project 6: Public Services 59,471 41,866 17,605 Project 7: Public Facilities Improvements 7,500 6,936 564 Project 8: Code Enforcement 5,000 0 5,000 Subtotal 2007 Program Grant Expend. 396,478 128,098 268,380 2008 Program Grant Funding Project 4: Program Administration 0 0 80,692 Project 5: Housing Rehab Program 0 0 201,268 Project 6: Public Services 0 0 60,518 Project 7: Public Facilities Improvements 0 0 10,980 Project 9: Land Acquisition 0 0 50,000 Subtotal 2008 Program Grant Expend. --7- Total Expenditures 841,427 191,099 1,129,965 Estimated Unreserved Fund Balance 9/30/08 $0 $0 $0 (1) The FY08 budgeted award is$403,458. The additional$646,147 is prior years'awards not yet spent. The$80,360 is the return of funds on the old Sr.Center Building to be re-programmed for Emergency Repair Program (2) Includes Prior Year Re-Programmed Funds$173,477 plus$80,360 from old Sr.Center Building repayment. NOTE:Total Housing Rehab Program Budget is$712,694(631%,)of Total Budget EXHIBIT "All A l l DATE: November 1, 2007 SUBJECT: City Council Meeting - November 8, 2007 ITEM: *9C2. Consider an ordinance adopting the Community Development Block Grant Fund Budget for FY 2007-2008. (Second Reading) Department: Planning Staff Person: Mona Ryan Justification: This money will be used for Community Development Block Grant activities approved in the Fourth Program Year Action Plan that was adopted by Resolution R-07-08-09-8G1. Funding• Cost: $403,458 Source of funds: CDBG HUD Entitlement Funds Outside Resources: U.S. Department of Housing and Community Affairs Backciround Information: The following programs will be funded in fiscal year 2007-2008: Public Services (15%); Public Facilities (20/o); Owner Occupied Rehabilitation (50%); Land Acquisition (130/0); Administration (20%). The attached exhibit shows the projects and funding. Public Comment: Requirements for public hearings were met during the development of the Fourth Program Year Action Plan.