Agenda

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County Administrator's Report 12. 23.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	12/08/2016
Issue: Supplemental Budget Amendment #029 - 2009 HUD HOME Grant
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #029 - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #029, HUD Home Fund (147), in the amount of $6,398, to recognize the remaining of balance of funds for the 2009 HOME Grant, and to appropriate these funds into the current year's budget.

BACKGROUND:

Escambia County receives a Federal Award of HUD HOME funds on an annual basis from the U. S. Department of Housing & Urban Development. HOME grant awards received by the County are usually not fully expended within one fiscal year. As a result, the remaining balance needs to be carried over into the next fiscal year. Therefore, the Fiscal Year 2017 budget for the 2009 HOME grant has to be recognized to reflect the actual remaining balance.

BUDGETARY IMPACT:

This amendment will increase Fund 147 by $6,398.

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
SBA# 029