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6
<br /> Housing and Community Development
<br /> 8. At its June 19, 2018 meeting, the Board approved a Revised Annual Action Plan for FY
<br /> 2018-19 HOME Program activities, which included an increase in funds of $111,647 from
<br /> the U. S. Department of Housing and Urban Development (HUD), as well as increases
<br /> needed in the required match from the County and the municipalities (totaling $25,120)
<br /> for FY 2018-19. This budget amendment provides for the increase in funds from HUD as
<br /> well as the increase in required match funds, including a $9,797 fund balance
<br /> appropriation from the General Fund for the Orange County match, and amends the
<br /> following 2018 HOME program budget: (See Attachment 1, column 8)
<br /> 2018 HOME Program ($136,767)
<br /> Revenues for this project:
<br /> Current FY 2018-19 FY 2018-19
<br /> FY 2018-19 Amendment Revised
<br /> HUD Funds $289,693 $111,647 $401,340
<br /> Program Income $13,306 $0 $13,306
<br /> Contribution from Chapel Hill $26,724 $10,300 $37,024
<br /> Contribution from Carrboro $9,777 $3,768 $13,545
<br /> Contribution from Hillsborough $3,260 $1,255 $4,515
<br /> Orange County Match $25,421 $9,797 35,218
<br /> From General Fund $187,149 $0 $187,149
<br /> Total Project Funding $555,330 $136,767 $692,097
<br /> Appropriated for this project:
<br /> Current FY 2018-19 FY 2018-19
<br /> FY 2018-19 Amendment Revised
<br /> 2018 HOME Program $555,330 $136,767 $692,097
<br /> Total Costs $555,330 $136,767 $692,097
<br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is
<br /> applicable to this item:
<br /> • GOAL: FOSTER A COMMUNITY CULTURE THAT REJECTS OPPRESSION
<br /> AND INEQUITY
<br /> The fair treatment and meaningful involvement of all people regardless of race or color;
<br /> religious or philosophical beliefs; sex, gender or sexual orientation; national origin or
<br /> ethnic background; age; military service; disability; and familial, residential or economic
<br /> status.
<br /> FINANCIAL IMPACT: Financial impacts are included in the background information above.
<br /> This budget amendment provides for the receipt of these additional funds and increases the FY
<br /> 2018-19 budget in the General Fund by $148,408; increases the Visitors Bureau Fund by
<br /> $180,000; decreases the County Capital Fund by $368,725; increases the 9-1-1 Emergency
<br /> Telephone System Fund by $368,725; increases the Grant Projects Fund by $64,289; and
<br /> increases the Community Development Fund (2018 HOME Program) by $136,767.
<br /> RECOMMENDATION(S): The Manager recommends the Board approve budget, grant, and
<br /> capital project ordinance amendments for Fiscal Year 2018-19.
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