HomeMy WebLinkAbout188-17 RESOLUTION113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 188-17
File Number: 2017-0458
COMMUNITY DEVELOPMENT BLOCK GRANT:
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $948.00 TO
RECONCILE THE AMOUNT OF FUNDING RECEIVED FROM THE U.S. DEPARTMENT OF
HOUSING AND URBAN DEVELOPMENT FOR THE COMMUNITY DEVELOPMENT BLOCK
GRANT PROGRAM
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 $948.00 to reconcile the amount of
funding received from the U.S. Department of Housing and Urban Development for the Community
Development Block Grant program.
PASSED and APPROVED on 9/5/2017
Attest:
Sondra E. Smith, City Clerk Treasurer
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Page 1 Printed on 916117
City of Fayetteville, Arkansas 113 West Mountain Street
Fayetteville, AR 72701
J (479) 575-8323
Text File
File Number: 2017-0458
Agenda Date: 9/5/2017 Version: 1 Status: Passed
In Control: City Council Meeting File Type: Resolution
Agenda Number: A. 13
COMMUNITY DEVELOPMENT BLOCK GRANT:
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $948.00 TO
RECONCILE THE AMOUNT OF FUNDING RECEIVED FROM THE U.S. DEPARTMENT OF
HOUSING AND URBAN DEVELOPMENT FOR THE COMMUNITY DEVELOPMENT BLOCK
GRANT PROGRAM
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 $948.00 to reconcile the amount of funding
received from the U.S. Department of Housing and Urban Development for the Community Development
Block Grant program.
City of Fayetteville, Arkansas Page 1 Printed on 9/6/2017
Yolanda Fields
Submitted By
City of Fayetteville Staff Review Form
2017-0458
Legistar File ID
9/5/2017
City Council Meeting Date - Agenda Item Only
N/A for Non -Agenda Item
8/18/2017 COMMUNITY RESOURCES (642)
Submitted Date Division / Department
Action Recommendation:
IStaff recommends approval of a budget adjustment reconciling CDBG grant funds.
2180.642.4930-5210.00
Account Number
-N/A
Project Number
Budgeted Item? NA
Does item have a cost? NA
Budget Adjustment Attached? Yes
Previous Ordinance or Resolution #
Original Contract Number:
Comments:
Budget Impact:
2180 - CDBG
Fund
N/A
Project Title
Current Budget $
Funds Obligated $
Current Balance
Item Cost
Budget Adjustment $ 948.00
Remaining Budget
Approval Date:
V20140710
I
CITY OF
FAYETTEVILLE
W4W ARKANSAS
MEETING OF SEPTEMBER 5, 2017
TO: Mayor and City Council
THRU: Don Marr, Chief of Staff
FROM: Yolanda Fields, Community Resources Director
DATE: August 18, 2017
SUBJECT: CDBG Reconciliation
CITY COUNCIL MEMO
RECOMMENDATION:
Staff recommends approval of a budget adjustment reconciling CDBG grant funds.
BACKGROUND:
Fayetteville has been a CDBG Entitlement City since 1975. Funding is based on a formula
allocation process that takes into account such factors as population, percent of low/
moderate income persons, and number of housing units. This formula allocation process
awards CDBG funding to the City of Fayetteville.
DISCUSSION:
In order to reconcile the CDBG budget to reflect the amount available in HUD's Integrated -
Disbursement and Information System (IDIS), an amount of $948 will need to be adjusted
into the current budget. Detail of the reconciliation is as follows:
Prior Year Balance
2016 Grant Budaet
Totals
Difference
IDIS
$798,693
$612,164
$1,410,857
1,410,857 - $1,409,909 =
BUDGET/STAFF IMPACT:
Increase to CDBG Grant Revenue in the amount of $948
• Increase to Admin Minor Equipment - $948
Attachments:
Budget Adjustment
AS400
$812,909
$597,000
1,409,90'
Mailing Address:
113 W. Mountain Street www.fayetteville-ar.gov
Fayetteville, AR 72701
I
City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar)
Budget Year Division Adjustment Number
/Org2 COMMUNITY RESOURCES (642)
2017
Requestor: Cherrell Lee
BUDGET ADJUSTMENT DESCRIPTION /JUSTIFICATION:
Budget Adjustment to reconcile the CDBG budget to reflect the amount available in HUD's Integrated Disbursement and
Information System (IDIS)
RESOLUTION/ORDINANCE
COUNCIL DATE:
LEGISTAR FILE ID#:
9/5/2017
2017-0458
Barb wa, Fell
8/21/2017 8:2 7 AM
Budget Director
TYPE:
DESCRIPTION:
GLDATE:
POSTED:
Date
TOTAL- 948 948 v.20170707
Increase / (Decrease) Proiect.Subg
Account Number Expense Revenue Project Sub AT Account Name
2180.642.4930-5210.00 948 - EX Minor Equipment - :
2180.642.4930-4320.00 - 948 RE Grant Funding CDBG -Grant Funding CDB
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