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File #: RES PH 22-339    Version: 1
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 11/16/2022
Title: Amending the CDBG general ledger budget to reflect the receipt of an additional $3,903,983.75 in prior year CDBG Program Income and amend the CDBG activity budget to reflect the HUD undesignated balance.
Sponsors: Amy Brendmoen
Attachments: 1. Financial Analysis
Related files: RES 22-774
Title

Amending the CDBG general ledger budget to reflect the receipt of an additional $3,903,983.75 in prior year CDBG Program Income and amend the CDBG activity budget to reflect the HUD undesignated balance.

Body

WHEREAS, the City Council of the City of Saint Paul did approve, upon the recommendation of the Mayor, the fiscal year 2022 Community Development Block Grant, HOME, and Emergency Solutions Grant Programs ("2022 Programs") as part of the 2022 Special Funds Budget; and

WHEREAS, by Resolution 22-774, the City Council of the City of Saint Paul approved the 2022 annual action plan and authorized the proper City officials to execute grant agreements and contracts between the U.S. Department of Housing and Urban Development ("HUD") and the City of Saint Paul ("City") for the 2022 Programs; and

WHEREAS, during the 2022 Budget Process, the Council of the City of Saint Paul approved the estimated financing for the 2022 CDBG Program in the amount of $7,600,000; and

WHEREAS, the grant agreement between the U.S. Department of Housing and Urban Development and the City is in the amount of $7,600,000 for the 2022 CDBG grant program; and

WHEREAS, the CDBG grant general ledger fiscal year 2022 budget needs to be increased by $3,903,983.75 to reflect additional CDBG program income received by the City; and

WHEREAS, the City will publish the required legal notices announcing the availability of the additional program income and notice of comment period for proposed allocation of funds prior to committing funds to a project consistent with the 2020-2024 Consolidated Plan and 2022 Annual Action Plan;

WHEREAS, the Mayor, pursuant to Section 10.07.01 of the Charter of the City of Saint Paul, does certify that there are available for appropriation, funds of $3,903,983.75 in excess of those estimated in the current grant budget; now, therefore, be it

RESOLVED that that upon the recommendations of the Mayor, the City Council adopts these changes to the C...

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