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1 <br /> ORD-2025 -033 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date : October 21 , 2025 <br /> Action Agenda <br /> Item No . 8- b <br /> SUBJECT : Fiscal Year 2025-26 Budget Amendment #3 <br /> DEPARTMENT : County Manager' s Office <br /> ATTACHMENT(S) : INFORMATION CONTACT : <br /> Attachment 1 . Year-to - Date Budget Kirk Vaughn , (919 ) 245-2153 <br /> Summary <br /> PURPOSE : To approve budget , grant , and capital project ordinance amendments for Fiscal Year <br /> 2025 -26 . <br /> Housing <br /> 1 . The budgeted revenue and expenditures for the 2025 -26 HOME Grant has been increased <br /> by $ 8 , 152 . The HOME Grant is awarded annually by the United States Department of <br /> Housing and Urban Development ( HUD ) and provides funding for a wide range of <br /> affordable housing activities including building , buying , and/or rehabilitating affordable <br /> housing for rent or ownership . The Orange County Local Government Affordable Housing <br /> Collaborative coordinates the funding process for the HOME program , accepts and reviews <br /> applications from local housing organizations , and presents recommendations to the <br /> elected bodies of each jurisdiction for funding approval . Orange County received more than <br /> was budgeted for this grant from HUD which is reflected in this budget amendment . The <br /> revised revenue and expenditure budget for the 2025-26 HOME Grant will be $486 , 558 . <br /> Revised 2025-26 HOME Grant ($8, 152) - Project #47325 <br /> Revenues for this project : <br /> Current FY 2025-26 FY 2025-26 <br /> FY 2025-26 Amendment Revised <br /> Grant Revenue $367 , 014 $8 , 926 $ 375 , 940 <br /> Program Income $0 $ 0 $0 <br /> Winmore Payments $ 13 , 306 $0 $ 13 , 306 <br /> Municipal Contributions $60 , 398 ($ 11037 ) $59 , 361 <br /> Transfer from General Fund $37 , 688 $263 $ 37 , 951 <br /> Total Project Funding $478 ,406 $ 8 , 152 $4863558 <br />