Loading...
HomeMy WebLinkAbout74-12 RESOLUTIONRESOLUTION NO. 74-12 A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $37,247.00 TO THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM TO ACCURATELY REFLECT FUNDS REMAINING FROM THE 2011 GRANT 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 as Exhibit "A", in the amount of $37.247.00 to the Community Development Block Grant program to accurately reflect funds remaining from the 2011 grant. PASSED and APPROVED this 17th day of April, 2012. APPROVED: Bv: ALOAikAhdf_ O ELD J 1 1 , Mayor ATTEST: By: u SONDRA E. SMITH, City Clerk/Treasurer City of Fayetteville, Arkansas Budget Adjustment Form V11.0425 Budget Year 2012 Division: Community Services Department: Development Services Request Date 3/26/2012 Adjustment Number BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION Adjust CDBG Grant Funding account to reflect actual funds remaining from previous years grant and decrease Contract Services to offset. ue •et Director Date ( h71 )////-- 3/z7/(z p rtment Director 40-3- CrL Finance lirector Chief ofi.taff or Date 3 -27-?orz. Date Date Date Prepared By: Rachel Reference: rafields Budget & Research Use Only Type: A B C D E P General Ledger Date Posted to General Ledger Checked / Verified Initial Date Initial Date TOTAL BUDGET ADJUSTMENT (37,247) (37,247) Increase / (Decrease) Project.Sub Account Name Account Number Expense Revenue Number Contract services 2180.4940.5315.00 (37,247) Grant funding CDBG 2180.0918.4320.00 (37,247) EXHIBIT a C:\Documents and Settings\rafields\Desktop\BA's 2012\BA Rebuget Adjustment to Revenue 3.26.12 1 of 1 Yolanda Fields Submitted By City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 4/17/2012 City Council Meeting Date Agenda Items Only Community Services Division Action Required: Development Services Department Approval of a housekeeping Budget Adjustment to reflect actual funds remaining from the previous year's CDBG grant. Cost of this request 2180.4940.5315.00 2180.0918.4320.00 Account Number Project Number Budgeted Item Category / Project Budget Program Category / Project Name Funds Used to Date Program / Project Category Name Community Services Remaining Balance Fund Name Budget Adjustment Attached X Department Director Finance and Internal Services Director 3/17 /17-- Date Iz_Date Date 3-7.1-2412_ Date 9-40'13-- Date 40'1YDate Date Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: Received in City 0 3 2 7- 1 2 A 4►1 : :54 C V Clerk's Office • - Staff recommends approval of the Budget Adjustment. Revised January 15, 2009 �a e .eville THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENT CORRESPONDENCE www.accessfayetteville.org CITY COUNCIL AGENDA MEMO To: City Council Thru: Jeremy Pate, Dir. Community Development \ From: Yolanda Fields, Dir. Community Servi, e•,� Date: March 26, 2012 Subject: Approval of a Budget Adjustment for the Community Services Division PROPOSAL: Community Services would like to make a housekeeping budget adjustment to ensure that the actual funds remaining from the previous year's CDBG grant are accurately reflected in the AS400 system. RECOMMENDATION: Staff recommends approval of a budget adjustment to reflect actual funds remaining in the CDBG program. BUDGET IMPACT: An adjustment to the AS400 system of $37,247 in CDBG Grant Funding to accurately reflect the remaining CDBG funds. RESOLUTION NO. A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $37,247.00 TO THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM TO ACCURATELY REFLECT FUNDS REMAINING FROM THE 2011 GRANT 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 as Exhibit "A", in the amount of $37.247.00 to the Community Development Block Grant program to accurately reflect funds remaining from the 2011 grant. PASSED and APPROVED this 17th day of April, 2012. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer