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Agenda 05/26/2015 Item #16D1 5/26/2015 16.D.1. EXECUTIVE SUMMARY Recommendation to authorize a budget amendment recognizing $87,571.43 in revenue received under the Home Investment Partnership Program. OBJECTIVE: To accurately account for program income and recaptured funds generated from HOME related activities or matching contributions. CONSIDERATIONS: Collier County is the recipient of HOME Investment Partnerships (HOME) Program funds from the United States Department of Housing and Urban Development (HUD) as provided by the Cranston-Gonzalez National Affordable Housing Act. HOME funds may be used to provide incentives to develop and support affordable rental housing and homeownership affordability. This revenue will be used in compliance with federal grant regulations and will fund eligible expenses, including administration. Furthermore, approval of this item will authorize the reallocation of funds within the program commitment items to accurately reflect ongoing program expenses as shown below. Revenue received; Program Income $31,571.43 $3,157.14 $28,414.29 Recapture $16,000.00 n/a $16,000.00 Recapture $20,000.00 n/a $20,000.00 Recapture $20,000.00 n/a $20,000.00 Total $87,571.43 $3,157.14 $84,414.29 HOME guidelines allow 10% of the program income to fund administration activities. Recaptured funds are treated like Program Income except no administration allocation is allowed.The remaining balance of $84,414.29 will be applied towards program. FISCAL IMPACT: A budget amendment is necessary to recognize program income and recaptured funds in the amount of 87,571.43, revenue received between the periods of 8/1/2014 to 12/31/2014 within Urban Improvement Grants Fund 121, Projects 34565 and 44555 and Housing Grants 705, Projects 33177, 33290,and 33365. Such funds may be reused for other eligible HOME program activities. LEGAL CONSIDERATIONS: No legal issues are raised by this item which is ready for Board action and requires a majority vote for Board approval. -JAB GROWTH MANAGEMENT IMPACT: Acceptance and implementation of this budget amendment will further the Goals, Objectives, and Policies within the Housing Element of the Growth Management Plan. RECOMMENDATION: That the Board of County Commissioners approves and recognizes the budget amendment in the amount of$87,571.43. Prepared By: Priscilla Doria,Grants Coordinator, Community and Human Services Division Attachment: HOME PI SAP Back-up Packet Page-650- 5/26/2015 16.D.1 . COLLIER COUNTY Board of County Commissioners Item Number: 16.16.D.16.D.1. Item Summary: Recommendation to authorize a budget amendment recognizing $87,571.43 in revenue received under the Home Investment Partnership Program. Meeting Date: 5/26/2015 Prepared By Name: DoriaPriscilla Title: Grants Coordinator,Community&Human Services 4/28/2015 10:57:41 AM Submitted by Title: Grants Coordinator, Community&Human Services Name: DoriaPriscilla 4/28/2015 10:57:42 AM Approved By Name: SonntagKristi Title: Manager-Federal/State Grants Operation, Community &Human Services Date: 4/30/2015 11:06:35 AM Name: KushiEdmond Title: Accountant, Community&Human Services Date: 5/1/2015 2:59:19 PM Name: AlonsoHailey Title: Operations Analyst, Public Services Department Date: 5/4/2015 8:40:39 AM Name: Bendisa Marku Title: Supervisor-Accounting, Community &Human Services Date: 5/4/2015 9:03:54 AM Name: GrantKimberley Packet Page-651- 5/26/2015 16.D.1 . Title: Division Director-Cmnty &Human Svc, Community &Human Services Date: 5/4/2015 12:45:24 PM Name: TownsendAmanda Title: Division Director-Operations Support, Public Services Department Date: 5/4/2015 3:15:45 PM Name: BelpedioJennifer Title: Assistant County Attorney, CAO General Services Date: 5/4/2015 4:38:32 PM Name: RobinsonErica Title: Accountant, Senior, Grants Management Office Date: 5/7/2015 8:28:37 AM Name: CarnellSteve Title: Department Head-Public Services,Public Services Department Date: 5/7/2015 10:21:46 AM Name: BelpedioJennifer Title: Assistant County Attorney, CAO General Services Date: 5/8/2015 9:50:27 AM Name: KlatzkowJeff Title: County Attorney, Date: 5/8/2015 3:48:28 PM Name: StanleyTherese Title: Manager-Grants Compliance, Grants Management Office Date: 5/14/2015 6:06:12 PM Name: CasalanguidaNick Title: Deputy County Manager, County Managers Office Date: 5/15/2015 8:31:13 AM Packet Page-652- WBS Cost Document Val/COArea FY Fund Element Element Cost element name Doc.Text RefDocNo Number Crcy Postg Date 2006 121 34565.6 369600 GRANT PROGRAM INCOME Red SHIP Recaptured/HOME 100731160 101742475 (16,000.00) 02/19/2015 2006 121 34565.6 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100731160 101742475 (28,162.88) 02/19/2015 2006 121 34565.6 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100731160 101742475 (120.07) 02/19/2015 34565.6 Total (44,282.95) 2009 121 44555.11 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100701921 101679819 (1,000.00) 09/19/2014 44555.11 Total (1,000.00) 2009 121 44555.9 369600 GRANT PROGRAM INCOME Red SHIP Recaptured/HOME 100701921 101679819 (20,000.00) 09/19/2014 2009 121 44555.9 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100701921 101679819 (18,000.00) 09/19/2014 44555.9 Total (38,000.00) 2011 705 33177.2.1 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100727898 101732258 (706.00) 01/31/2015 33177.2.1 Total (706.00) 2013 705 33290.1 369600 GRANT PROGRAM INCOME HYPERION TITLE 100693587 101660518 (20,000.00) 08/05/2014 2013 705 33290.1 369600 GRANT PROGRAM INCOME SS,CCE,ADI,CDBG,SHIP 100694242 101662014 (20,000.00) 08/07/2014 2013 705 33290.1 369600 GRANT PROGRAM INCOME Red SHIP Recaptured/HOME 100701921 101679819 20,000.00 09/19/2014 i1 2013 705 33290.1 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100701921 101679819 19,000.00 09/19/2014 2013 705 33290.1 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100727898 101732258 706.00 01/31/2015 2013 705 33290.1 369600 GRANT PROGRAM INCOME Red SHIP Recaptured/HOME 100731160 101742475 120.07 02/19/2015 33290.1 Total (173.93) 2014 705 33365.1 369600 GRANT PROGRAM INCOME Recl SHIP Payoff-Velazque 100720498 101716823 (16,000.00) 12/01/2014 2014 705 33365.1 369600 GRANT PROGRAM INCOME SS,ADI 100718568 101713331 (3,157.14) 12/17/2014 2014 705 33365.1 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100731160 101742475 16,000.00 02/19/2015 33365.1 Total (3,157.14) 2014 705 33365.3 369600 GRANT PROGRAM INCOME SS,ADI 100718568 101713331 (28,414.29) 12/17/2014 2014 705 33365.3 369600 GRANT PROGRAM INCOME Recl SHIP Recaptured/HOME 100731160 101742475 28,162.88 02/19/2015 33365.3 Total (251.41) Grand Total (87,571.43) 01 N C) I) i 01 9) p