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Housing Collaborative coordinates the funding process for the HOME program , accepts <br /> and reviews applications from local housing organizations , and presents <br /> recommendations to the elected bodies of each jurisdiction for funding approval . <br /> Orange County received less than was budgeted for this grant from HUD which is <br /> reflected in this budget amendment . The revised revenue and expenditure budget for <br /> the 2024 - 25 HOME Grant will be $ 491 , 957 . <br /> Revised 2024-25 HOME Grant ($47, 481) - Project #47325 <br /> Revenues for this project : <br /> Current FY 2024 -25 FY 2024 -25 <br /> FY 2024 -25 Amendment Revised <br /> Grant Revenue $ 4291496 $ ( 627482 ) $ 3671014 <br /> Program Income $ 137306 $ 157000 $281306 <br /> Municipal Contributions $ 587465 $484 $ 581949 <br /> Transfer from General Fund $ 381171 ($483 ) $ 371688 <br /> Total Project Funding $ 539 ,438 $ (47 ,481 ) $491 , 957 <br /> Appropriated for this project : <br /> Current FY 2024 -25 FY 2024 -25 <br /> FY 2024 -25 Amendment Revised <br /> Project Expenditures $ 539 , 438 ( $ 47 ) 481 ) $ 4911957 <br /> Total Costs $ 539 ,438 ( $47 ,481 ) $ 491 , 957 <br /> ALIGNMENT WITH STRATEGIC PLAN : This item supports : <br /> • GOAL 3 : HOUSING FOR ALL <br /> OBJECTIVE 1 . Allocate predictable funding sources to contribute or support adding <br /> to affordable housing stock . <br /> Finance & Administrative Services <br /> 3 . The County Finance & Administrative Services Department , in keeping with best <br /> practices , will be conducting a routine Payroll Audit with a not-to - exceed cost of <br /> $ 35 , 000 . Local governments regularly review key treasury functions to enhance the <br /> current policies and procedures . This budget amendment provides for the appropriation <br /> of $ 35 , 000 from the General Fund fund balance to cover this cost of these services . <br /> ALIGNMENT WITH STRATEGIC PLAN : There are no Orange County Strategic Plan <br /> Goals applicable to this item . <br /> Library Services <br /> 4 . Library Services has received the following additional funds : <br /> • Library Services and Technology Act ( LSTA ) — The department has received a <br /> grant scholarship for $ 1 , 801 . This scholarship will allow staff to attend a professional <br /> conference . <br />