Agenda

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County Administrator's Report 9. 1.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	02/02/2017
Issue: Supplemental Budget Amendment #051 - 2017 SHIP Program Housing Counseling Funding
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #051 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #051, State Housing Initiatives Partnership Program (SHIP) Fund (120), in the amount of $44,018, to recognize the 2017 SHIP Program Housing Counseling funding, provided by the Florida Housing Finance Corporation (FHFC), and to appropriate these funds to support SHIP-eligible housing counseling activities in Escambia County and the City of Pensacola.

BACKGROUND:

On November 18, 2016, FHFC advised local governments of the availability of funding from National Mortgage Settlement funds allocated to FHFC through the Foreclosure Counseling Program (FCP) to be utilized for housing counseling services. On December 8, 2016, the BCC approved for staff to submit a request for these funds from FHFC. Funding will be utilized to contract with a HUD approved counseling agency per the SHIP guidelines.

BUDGETARY IMPACT:

This amendment will increase Fund 120 by $44,018.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

Board policy requires increases and decreases in revenues to be approved by the Board.

IMPLEMENTATION/COORDINATION:

N/A

Attachments
No file(s) attached.