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2 <br />FINANCIAL IMPACT: Funding for this position is included in the approved budget for FY 2007- <br />08. As outlined in materials previously distributed to the BOCC during June 2007 budget <br />deliberations, the estimated full year cost (salary, benefits, and one-time start-up costs) of this <br />position for FY 2007-08 would be $58,245. However, as all costs will be covered through <br />federal Housing and Urban Development (HUD) Department grant funds, there will be no net <br />cost to the County from this position. <br />RECOMMENDATION(S): The Manager recommends that the Board amend the Classification <br />and Pay Plan to add the new class of Housing Programs Coordinator at Salary Grade 17.