HomeMy WebLinkAbout6.e. CDBG Amendments 4ROSEMOUNTEXECUTIVE SUMMARY
CITY COUNCIL
City Council Meeting: September 2, 2014
AGENDA ITEM: CDBG Amendments AGENDA SECTION:
Consent
PREPARED BY: Kim Lindquist, Community Development AGENDA NO.
Director
ATTACHMENTS: Dakota County CDBG Budget APPROVED BY:
Amendment Request Form
RECOMMENDED ACTION: Motion to Approve a Budget Amendment to the City's CDBG
Activities for FY 2011 and 2013
ISSUE
The Dakota County Community Development Agency staff has requested that the City review their CDBG
allocation of funds and see if there is some funding available for housing rehabilitation. Additionally, the City
has not expended funds in a timely manner which could be at issue if funding is not reallocated for quicker
expenditure.
Earlier this month, staff received an email from the CDA noting that the city has $800.89 remaining in our
2011 fund. It was requested that the 2011 funds, along with some of the 2013 funds be redirected to the
Housing Rehab program as there are 2 or 3 Rosemount residents who are on the current waithst. Because
the CDBG funds are federal funds there are certain requirements to drawdown the funds, both on a local
and County level. Rosemount has a significant fund balance from 2011 to 2014. We will be drawing down
approximately$27,000 from 2014 for the pedestrian ramp project and would anticipate an additional
drawdown next spring for similar work. Notwithstanding that project there will continue to be a fund
balance. Given that the City will receive funds again in 2015, and because the City must drawdown existing
funds, staff recommends amending our budget to reallocate funds to the housing rehab program.
RECOMMENDATION
Motion to approve a budget amendment to the City's CDBG activities for FY 2011 and 2013.
Dakota County CDBG Budget Amendment Request Form
Date: Total Amendment(s): $
From: City/Township of Rosemount
Please identify Activity Budgets you are requesting to be amended in the CDBG Program. The Dakota County
CDA will fill in the shaded areas. You have various amendment options, including:
1. Amend a budget by transferring its balance from one activity to a different activity within the same
program year (i.e., transfer $10,000 from acquisition to rehab in FY04).
2. Amend a budget by transferring its balance to a newly created activity within the same program year
(i.e., transfer $25,500 from clearance to a newly created rehab activity in FY03).
3. Amend a budget by deleting it entirely with no previous expenditures, and transferring that budget to
one or more existing/new activities within the same program year (i.e., delete a relocation activity
originally budgeted for $15,000 and transfer it to another existing public service activity in FY02).
NOTE: The CDA will determine whether the proposed amendment is either administrative or substantial in
nature. If it is substantial (i.e., deleting an activity), then the CDA will need to publish the amendment for
public comment and obtain CDA Board approval. A substantial amendment process will take approximately
45 days to complete. The CDA can assist with the identification of original budgets and fund balances.
Amending budgets WITH creating and/or deleting activities:
Name of Activity and Program Year Current Proposed Budget CDA Account Number
Dtwn Commercial Rehab — FY03 Budget Budget Change
Rsmt ADA Park Improv — FY13 $47,236.00 $0 ($47,236.00) 20 36-13-3 4860.00
Rsmt Street/Sidewalk Improv —FY13 $0.00 $15,000 $15,000
NEW activity for program ear
Rosemount Rehab — FY13
NEW activity for program year) $0.00 $32,236 $32,236
Rsmt ADA Park Improv — FY11 $800.89 $0.00 ($800.89) 20 36-11-3 4862.00
Rsmt Rehab — FY11 (New activity $0.00 $800.89 $800.89 20 39-11-3 4835.00
for program ear
Prepared by: Approved by:
Kim Lindquist, City of Rosemount Lisa Alfson, CDA