STRATEGIC PRIORITY: Government Performance & Financial Management
AGENDA DATE: March 8, 2023
COUNCIL DISTRICT(S): N/A
DEPARTMENT: Budget and Management Services
EXECUTIVE: Jack Ireland
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SUBJECT
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A public hearing to receive comments on the adoption of Reprogramming Budget No. 1 (Substantial Amendment No. (1) to the FY 2022-23 Action Plan to: (a) use unspent prior year Community Development Block Grant (CDBG) Funds in the amount of $2,971,130 for the Residential Development Acquisition Loan Program; (b) use unspent CDBG CARES Act Relief Funds in the amount of $403,405 for the Emergency Assistance Program; (c) use unspent Housing Opportunities for Persons with Aids CARES Act Relief Funds in the amount of $69,229 for the Emergency Assistance Program; (d) amend Schedule B to the FY 2022-23 HUD Consolidated Plan Budget for CDBG; and (e) to add an activity for Out-of-School Time Program-Community Sites and reallocate $97,441 from Out-of-School Time Program-School Sites to the new activity; and (2) correct the department for Americans with Disabilities Act Improvements; and, at the close of the public hearing, authorize final adoption of Reprogramming Budget No. 1 (Substantial Amendment No. 1) to the FY 2022-23 Action Plan - Financing: This action has no cost consideration to the City (see Fiscal Information)
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BACKGROUND
On August 18, 1993, City Council established specific timeframes for the obligation and expenditure of CDBG Funds by Resolution No. 93-3001. Funds are to be obligated within 12 months and expended within 24 months of budget adoption. On March 28, 2007, City Council enhanced the City's existing expenditure policy with additional benchmarks by Resolution No. 07-0992. Additional time to obligate and expend funds may be granted by City Council.
Timely expenditure of CDBG Funds by entitlement cities continues to be a primary concern of the U.S. Department of Housing and Urban ...
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