HomeMy WebLinkAbout185-25 RESOLUTION
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113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 185-25
File Number: 2025-1364
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $30,296.00
RECOGNIZING 2025 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM INCOME RECEIVED
FROM A HOUSING LIEN PAYOFF
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 $30,296.00 recognizing 2025 Community Development Block
Grant Program income received from a housing lien payoff.
Section 2: That the City Council of the City of Fayetteville, Arkansas hereby expresses its sincere appreciation for the
donations.
PASSED and APPROVED on August 19, 2025
Approved:
_______________________________
Molly Rawn, Mayor
Attest:
_______________________________
Kara Paxton, City Clerk Treasurer
Mailing address:
113 W. Mountain Street
Fayetteville, AR 72701
www.fayetteville-ar.gov
CITY COUNCIL MEMO
2025-1364
MEETING OF AUGUST 19, 2025
TO: Mayor Rawn and City Council
THRU: Keith Macedo, Chief of Staff
FROM: Kelly Colebar, Community Resources Admin
SUBJECT: Approval of a Budget Adjustment for the Community Resources Department
RECOMMENDATION:
Staff recommends approval of a budget adjustment to recognize and budget 2025 CDBG Program
Income totaling $30,296.
BACKGROUND:
Community Resources would like to recognize program income from one lien payoff.
DISCUSSION:
The Program Income (PI) being recognized consists of a housing rehabilitation lien payoff of $30,296 for
one property located at 1411 Oakcliff.
BUDGET/STAFF IMPACT:
Increase Housing Contract Services by $30,296.
ATTACHMENTS: 3. Staff Review Form, 4. Budget Adjustment
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City of Fayetteville, Arkansas
Legislation Text
113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
File #: 2025-1364
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $30,296.00
RECOGNIZING 2025 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM
INCOME RECEIVED FROM A HOUSING LIEN PAYOFF
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 $30,296.00 recognizing
2025 Community Development Block Grant Program income received from a housing lien payoff.
Section 2: That the City Council of the City of Fayetteville, Arkansas hereby expresses its sincere
appreciation for the donations.
Comments:
Purchase Order Number:
Change Order Number:
Previous Ordinance or Resolution #
Approval Date:
Original Contract Number:
NA
Project Number
Budget Impact:
Community Development
Fund
NA
2180.642.4940-5315.00
Account Number
Project Title
City of Fayetteville Staff Review Form
2025-1364
Item ID
8/19/2025
City Council Meeting Date - Agenda Item Only
Staff recommends approval of a budget adjustment to recognize and budget 2025 CDBG Program Income totaling
$30,296.
N/A for Non-Agenda Item
Action Recommendation:
Submitted By
Kelly Colebar COMMUNITY RESOURCES (642)
Division / Department
7/29/2025
Submitted Date
No
$ 180,862.32
$ -
V20221130
Budgeted Item?
Does item have a direct cost?
Is a Budget Adjustment attached?
Total Amended Budget
Expenses (Actual+Encum)
Available Budget
Item Cost
Budget Adjustment
Remaining Budget
$ 343,783.00
$ 162,920.68
Yes
Yes $ 30,296.00
$ 211,158.32
City of Fayetteville, Arkansas - Budget Adjustment (Agenda)
Budget Year Division
/Org2 COMMUNITY RESOURCES (642)
Adjustment Number
2025 Requestor:Kelly Colebar
BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION:
Staff recommends approval of a budget adjustment to recognize and budget 2025 CDBG Program Income totaling $30,296.
COUNCIL DATE:8/19/2025
ITEM ID#:2025-1364
Holly Black
7/30/2025 7:25 AM
Budget Division Date
TYPE:D - (City Council)
JOURNAL #:
GLDATE:
RESOLUTION/ORDINANCE CHKD/POSTED:/
v.2025721TOTAL30,296 30,296
Increase / (Decrease)Project.Sub#
Account Number Expense Revenue Project Sub.Detl AT Account NameGLACCOUNTEXPENSEREVENUEPROJECTSUBATDESCRIPTION X
2180.642.4945-4910.00 30,296 RE CDBG Program Income
2180.642.4940-5315.00 30,296 EX Contract Services
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