HomeMy WebLinkAbout20081215 - VI-17VI-17
Memo
To: Mayor Hicks and City Council
From: John Hinzman, Planning Director
Date: December 15, 2008
Subject: Authorize Signature - 2008 CDBG Budget Amendment
REQUEST
The City Council is asked to authorize signature of the attached amendment to the 2008
CDBG Budget. The amendment is in response to a greater need for assessment
abatement funding for 2007 construction improvements.
ATTACHMENTS
• CDBG Amendment
Dakota County CDBG Budget Amendment Request Form
Date: 11/25/08 Total Amendment(s): $ 20,241.06
From: City/Township of Hastings
Please identify Activity Budgets you are requesting to be amended in the CDBG Program. The Dakota County
CDA will fill in the shaded areas. You have various amendment options, including:
1. Amend a budget by transferring its balance from one activity to a different activity within the same
program year (i.e., transfer $10,000 from acquisition to rehab in FY04).
2. Amend a budget by transferring its balance to a newly created activity within the same program year
(i.e., transfer $25,500 from clearance to a newly created rehab activity in FY03).
3. Amend a budget by deleting it entirely with no previous expenditures, and transferring that budget to
one or more existing/new activities within the same program year (i.e., delete a relocation activity
originally budgeted for $15,000 and transfer it to another existing public service activity in FY02).
NOTE: The CDA will determine whether the proposed amendment is either administrative or substantial in
nature. If it is substantial (i.e., deleting an activity), then the CDA will need to publish the amendment for
public comment and obtain CDA Board approval. A substantial amendment process will take approximately
45 days to complete. The CDA can assist with the identification of original budgets and fund balances.
Amendin bud ets WITHOUT creatin and/or deletin activities:
Name of Activity and Program Year
Dtwn Commercial Rehab - FY03 Original
Bud et Proposed
Bud et Budget
Chan e CDA Account Number
City Wide Clearance FY04 $ 8,371.07 $ 300.00 ($ 8,071.07) 20-34-04-3-4812.00.
CW Clearance Project Admin. FY04 $ 1,303.99 $ 0.00 ($ 1,303.99) 20-34-04-3-4812.01..' ','
Res Rehab Fire Protection FY04 $ 28,711.44 $ 17,845.44 ($10,866.00) 20-34-04-3-4834.00.
Assessment Abatement FY04 $ 10,257.57 $ 30,498.63 $ 20,241.06 20-34-04-3-4860.00
Amending budgets WITH new and/or deleted activities:
Name of Activity and Program Year
Senior Center Services - FY04 Original
Bud et Proposed
Bud et Budget
Chan e CDA Account Number
Prepared by:
Local Program Administrator
Approved by:
City or Township Finance Officer