HomeMy WebLinkAboutMINUTES - 12051995 - C55 Cos
�- Contra
'
TO: BOARD OF SUPERVISORS Costa� _ ,, ._
FROM: Harvey E. Bragdon T
J County
Director of Community Development
DATE : December 5, 1995
SUBJECT: Approval to Transfer Certain FY 1992/93 and FY 1994/95 Community
Development Block Grant Funds (CDBG) for Accounting Purposes .
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE the transfer of $100, 000 in unexpended FY1992/93 and FY 94/95
CDBG funds to the Housing Development Assistance Fund (HDAF) and
$4, 405 . 56 to the unprogrammed fund account .
DIRECT the Auditor-Controller to transfer $100, 000. to the HDAF account
and to establish and transfer $4, 405. 56 into an unprogrammed fund
account as -indicated.
FISCAL IMPACT
No General Funds are involved. Funds are unexpended from prior year
CDBG Grants provided to the County through the U.S . Department of
Hosuing and Urban Development
CONTINUED ON ATTACHMENT: XX YES SIGNATURE :
RECOMMENDATION OF COUNTY ADMINISTRATOR RE NDATION F BOARD CO ITTEE
APPROVE OTHER
SIGNATURE (S) :
ACTION OF BOARD ON December 5 , 1995 APPROVED AS RECOMMENDED _x OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
x UNANIMOUS (ABSENT 5 ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Contact: Belinda Smith
646-4208
Original : Commuunity Developement ATTESTED December 5 , 1999
cc: Auditor-Controller PHIL BATCHELOR, CLERK OF
THE BOARD OF SUPERVISORS
AN COUNT MINISTRATOR
BY c) DEPUTY
,
BACKGROUND/REASON FOR RECOMMENDATIONS
For accounting purposes it is necessary to transfer certain
unexpended FY 1992/93 and 1994/95 CDBG funds for use in Community
Development Program Year 1995/96.
The following project and program areas have fund balances which
have been identified as no longer eligible and as anticipated
carryover respectively:
Year 18 Liberty Childcare $ 5,299.00
Year 20 Liberty Childcare $ 12 ,007.00
Year 20 Administration $ 75,263.60
Year 20 Program Income $ 11, 835.96
Total $104, 405.56
Of the total amount $4, 405.56 will be placed in an unprogramed fund
account to be used for allocations in CDBG FY 1996/97 . The
remaining funds will be transfered to the HDAF.