HomeMy WebLinkAbout189-24 RESOLUTIONI
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File Number: 2024-307
113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 189-24
COMMUNITY RESOURCES DEPARTMENT (BUDGET ADJUSTMENT):
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $2,439.00 TO RECOGNIZE
2023 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM INCOME TO THE COMMUNITY
RESOURCES DEPARTMENT
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS:
Section I : That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of
which is attached to this Resolution , in the amount of $2,439.00 to recognize 2023 Community Development Block
Grant Program income to the Community Resources Department.
Section 2 : That the City Council of the City of Fayetteville, Arkansas hereby expresses its sincere appreciation for the
donations .
PASSED and APPROVED on July 16 , 2024
Attest:
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Mailing address:
113 W. Mountain Street
Fayetteville, AR 72701
www.fayetteville-ar.gov
CITY COUNCIL MEMO
2024-307
MEETING OF JULY 16, 2024
TO: Mayor Jordan and City Council
THRU: Susan Norton, Chief of Staff
FROM: Yolanda Fields, Comm. Resources Dir./Equity Off.
SUBJECT: Approval of a Budget Adjustment for the Community Resources Department
RECOMMENDATION:
Staff recommends approval of a budget adjustment to recognize and budget 2023 CDBG Program
Income totaling $2,439.
BACKGROUND:
Community Resources would like to recognize program income from one lien payoff and the sale of
CDBG purchased equipment on GovDeals.
DISCUSSION:
The Program Income (PI) being recognized consists of a housing rehabilitation lien payoff of $1,095 for
one property; 1846 W Lawson St. as well as $1,344 for items sold on GovDeals. The total PI being
recognized is $2,439.
BUDGET/STAFF IMPACT:
Increase Housing Contract Services by $2,439
ATTACHMENTS: SRF (#3), BA (#4)
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City of Fayetteville, Arkansas
Legislation Text
113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
File #: 2024-307
Approval of a Budget Adjustment for the Community Resources Department
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $2,439.00 TO
RECOGNIZE 2023 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM INCOME TO
THE COMMUNITY RESOURCES DEPARTMENT
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS:
Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget
adjustment, a copy of which is attached to this Resolution, in the amount of $2,439.00 to recognize 2023
Community Development Block Grant Program income to the Community Resources Department.
Section 2: That the City Council of the City of Fayetteville, Arkansas hereby expresses its sincere
appreciation for the donations.
City of Fayetteville Staff Review Form
2024-307
Item ID
7/16/2024
City Council Meeting Date - Agenda Item Only
N/A for Non-Agenda Item
Yolanda Fields 6/26/2024 COMMUNITY RESOURCES (642)
Submitted By Submitted Date Division / Department
Action Recommendation:
Staff recommends approval of a budget adjustment to recognize and budget 2023 CDBG program income totaling
$2,439.00.
Budget Impact:
2180.642.4940-5315.00 Community Development
Account Number Fund
Project Number Project Title
Budgeted Item?Yes Total Amended Budget $250,563.00
Expenses (Actual+Encum)$36,537.02
Available Budget $214,025.98
Does item have a direct cost?No Item Cost $-
Is a Budget Adjustment attached?Yes Budget Adjustment $2,439.00
$32.00 Remaining Budget $216,464.98
V20221130
Purchase Order Number:Previous Ordinance or Resolution #
Change Order Number:Approval Date:
Original Contract Number:
Comments:
City of Fayetteville, Arkansas - Budget Adjustment (Agenda)
Budget Year Division
/Org2 COMMUNITY RESOURCES (642)
Adjustment Number
2024 Requestor:Yolanda Fields
BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION:
Staff recommends approval of a budget adjustment to recognize and budget 2023 CDBG Program Income totaling $2,439.00
COUNCIL DATE:7/16/2024
ITEM ID#:2024-307
Holly Black
6/27/2024 8:29 AM
Budget Division Date
TYPE:D - (City Council)
JOURNAL #:
GLDATE:
RESOLUTION/ORDINANCE CHKD/POSTED:/
v.2024624TOTAL2,439 2,439
Increase / (Decrease)Project.Sub#
Account Number Expense Revenue Project Sub.Detl AT Account NameGLACCOUNTEXPENSEREVENUEPROJECTSUBATDESCRIPTION X
2180.642.4930-4999.99 -2,439 RE Use Fund Balance - Current
2180.642.4940-5315.00 2,439 -EX Contract Services
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