Title
a. Modify the County budget for fiscal year 2014-15 to reflect the Board of Supervisors' prior September 30, 2014 authorization for the Economic Development Department to expend grant funds on various projects, thereby increasing this Department's estimated revenues and appropriations in the amount of $478,165; and
b. Authorize the Auditor-Controller to amend the fiscal year 2014-15 Economic Development Department's adopted budget for Community Development, Fund 013, and Appropriation Unit DEO003, Unit 8200 to increase estimated revenues and appropriations by $478,165. (4/5ths vote required)
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Modify the County budget for fiscal year 2014-15 to reflect the Board's prior September 30, 2014 authorization for the Economic Development Department to expend grant funds on various community development projects, thereby increasing this Department's estimated revenues and appropriations in the amount of $478,165; and
b. Authorize the Auditor-Controller to amend the fiscal year 2014-15 Economic Development Department's adopted budget for Community Development, Fund 013, and Appropriation Unit DEO003, to increase estimated revenues and appropriations by $478,165. (4/5ths vote required)
SUMMARY:
This request is to amend the Fiscal Year 2014-15 County budget to reflect prior Board of Supervisor funding approvals, and thereby increase revenues and appropriations within the Economic Development Department's adopted budget for Community Development, Fund 13, in regard to two programs:
(1) Urban County (HUD direct entitlement) as follows: Community Development Block Grant (CDBG) 2013-2014 fund balances available for reallocation; CDBG 2013-2014 programs extended into Fiscal Year 2014-2015; and CDBG Program Income from the City of Del Rey Oaks.
(2) Drawdown of state CDBG-12 grant funds for the Camphora Highlands Farm Labor Camp project.
DISCUSSION:
HUD CDBG Funds-Ur...
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