File #: 19-1266    Version: 1 Name:
Type: Consent Calendar Status: Passed
File created: 3/18/2019 In control: City Council / Housing Authority / Successor Agency to the Redevelopment Agency
On agenda: 4/1/2019 Final action: 4/1/2019
Title: Amendment of FY 2018-19 City Operating Budget, by decreasing Revenue Estimates and Appropriations for the Community Development Block Grant (CDBG) Program by $186,569 and increasing appropriations for the Low-Mod Housing Asset Fund by $29,887 It is recommended that the City Council take the following actions: 1) Adopt the following resolution: RESOLUTION NO. 2019-38 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA, AMENDING THE FY 2018-19 CITY OPERATING BUDGET, BY DECREASING REVENUE ESTIMATES AND APPROPRIATIONS FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM BY $186,159 AND INCREASING APPROPRIATIONS FOR THE LOW-MOD HOUSING ASSET FUND BY $29,887 2) Authorize the City Manager to take necessary actions needed to ensure the repayment of $29,887 in non-federal funds to the U.S. Department of Housing and Urban Development (HUD) per HUD finding.
Attachments: 1. Staff Report - Miscellaneous Budget Appropriations, 2. Attachment 1 - Resolution No. 2019-38

title

Amendment of FY 2018-19 City Operating Budget, by decreasing Revenue Estimates and Appropriations for the Community Development Block Grant (CDBG) Program by $186,569 and increasing appropriations for the Low-Mod Housing Asset Fund by $29,887

 

It is recommended that the City Council take the following actions:

 

1)                     Adopt the following resolution:

 

RESOLUTION NO. 2019-38 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA, AMENDING THE FY 2018-19 CITY OPERATING BUDGET, BY DECREASING REVENUE ESTIMATES AND APPROPRIATIONS FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM BY $186,159 AND INCREASING APPROPRIATIONS FOR THE LOW-MOD HOUSING ASSET FUND BY $29,887

 

2)                     Authorize the City Manager to take necessary actions needed to ensure the repayment of $29,887 in non-federal funds to the U.S. Department of Housing and Urban Development (HUD) per HUD finding.