HomeMy WebLinkAbout4.7 CDBG Budget Amendment CITY OF DUBLIN
AGENDA STATEMENT
CITY COUNCIL MEETING DATE: June 8, 1992
SUBJECT: Community Development Block Grant (CDBG)
Budget Amendment FY 1991-1992
REPORT PREPARED BY: .�Dennis Carrington, Senior Planner
EXHIBITS ATTACHED: a� _ done
RECOMMENDATION: ��`°Authorize budget transfer of $28,781 from
General Fund Contingent Reserve to CDBG
account
FINANCIAL STATEMENT: No net cost to the City
DESCRIPTION:
On February 25, 1991, the City Council authorized the expenditure
of Community Development Block Grant (CDBG) funds in the amount of
$5, 000 to the Kaleidoscope Activity Center for improvements and
$23,781 to the Dublin Housing Authority for installation of playground
equipment in Arroyo Vista.
The 1991-1992 budget did not contain revenue or expense items for
either Kaleidoscope or the Alameda County Housing Authority because it
was understood that the recipients of CDBG funding would be reimbursed
directly by the Alameda County Department of Housing and Community
Development (HCD) . The County Auditor has since decided to not allow
a check to be paid by HCD to either Kaleidoscope or the Housing
Authority because they are subgrantees to the City of Dublin. They
will only reimburse the City after the City has paid the subgrantees .
In order to pay Kaleidoscope and the Housing Authority it will be
necessary to amend the FY 1991-1992 budget to transfer $28, 781 from
the General Fund ,Contingent Reserve to the CDBG account. There would
be no net cost to the City since CDBG funds would be reimbursed to
the City as follows :
NET COST
EXPENSE REVENUE TO CITY
1 . Kaleidoscope Activity Center $5, 000 $5,000 $0
2 . Alameda County Housing
Authority $23,781 $23,781 $0
TOTAL $28,781 $28,781 $0
/CDBGBDGT '
ITEM NO. 4.7 COPIES TO: Senior Planner
Agenda File
HCD 'File
Mike Huckins
Ophelia Basgal
Finance Director
CITY CLERK
FILE 8 0 PO