ORD-2024-026-Fiscal Year 2024-25 Budget Amendment #1

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i Housing Department 17 . The Housing Department has deferred revenue through the HUD Emergency Housing Voucher Grant . The department received $ 63 , 896 in voucher and administrative funds in FY 2023 -24 that will be utilized in FY 2024 - 25 . These funds will be authorized in the Housing Choice Voucher Fund , outside of the General Fund . 18 . In FY 2023 -2024 , the Housing Department received the Rapid Rehousing — State Fiscal Relief Fund Grant . The County recognized receipt of $ 79 , 077 in grant funds . The State has revised the County ' s share of the relief funds and has increased the grant to $ 85 , 200 . This increases the authorization in the Community Development Fund , outside of the General Fund , by $ 6 , 123 . ALIGNMENT WITH STRATEGIC PLAN : This item supports : • GOAL 3 : HOUSING FOR ALL OBJECTIVE 1 . Allocate predictable funding sources to contribute or support adding to affordable housing stock . OBJECTIVE 7 . Expand resources and invest in housing designed for our aging and disabled residents . FINANCIAL IMPACT : Financial impacts are included in the background information above . This budget amendment provides for the receipt of these additional funds in FY 2024 -25 and increases the authorization in General Fund by $ 176 , 991 , the Multi -Year Grant Fund by $ 60 , 796 , the Emergency Telephone Fund by $ 1 , 035 , 553 , the Housing Choice Voucher Fund by $ 63 , 896 , the Community Development Fund by $ 6 , 123 , the Visitors Bureau Fund by $ 200 , and the DSS Client Fund by $ 114 , 998 . RECOMMENDATION ( S ) : The Manager recommends the Board approve the budget , grant , and capital project ordinance amendments for Fiscal Year 2024 -25 .