Agenda 09/11/2018 Item #16D 209/11/2018
EXECUTIVE SUMMARY
Recommendation to authorize a Budget Amendment recognizing $63,796.11 in revenue received
under the Home Investment Partnership (HOME) 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 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.
Type of Revenue Amount Received 10% Admin Program
Program Income $31,571.43 $3,157.14 $28,414.29
Recapture $32,224.68 $0 $32,224.68
Total $63,796.11 $3,157.14 $60,638.97
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
$60,638.97 will be applied towards the program.
FISCAL IMPACT: A Budget Amendment is necessary to recognize program income and recaptured
funds in the amount of $63,796.11 within Housing Grants Fund (705), Project 33535. 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. This is a regular matter requiring majority vote. - 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: To approve and recognize the Budget Amendment in the amount of
$63,796.11.
Prepared By: Leslie Davis, Grant Accountant, Community and Human Services Division
ATTACHMENT(S)
1. 33535 PI (PDF)
16.D.2
Packet Pg. 1064
09/11/2018
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.2
Doc ID: 6188
Item Summary: Recommendation to authorize a Budget Amendment recognizing $63,796.11 in
revenue received under the Home Investment Partnership (HOME) Program.
Meeting Date: 09/11/2018
Prepared by:
Title: Accountant – Community & Human Services
Name: Leslie Davis
07/13/2018 1:02 PM
Submitted by:
Title: Division Director - Cmnty & Human Svc – Public Services Department
Name: Kimberley Grant
07/13/2018 1:02 PM
Approved By:
Review:
Community & Human Services Kristi Sonntag Additional Reviewer Completed 07/23/2018 11:20 AM
Community & Human Services Carolyn Noble Additional Reviewer Completed 07/23/2018 11:50 AM
Community & Human Services Cormac Giblin Additional Reviewer Completed 07/23/2018 11:55 AM
Community & Human Services Maggie Lopez Additional Reviewer Completed 08/03/2018 4:20 PM
Public Services Department Kimberley Grant Additional Reviewer Completed 08/09/2018 2:50 PM
Public Services Department Joshua Hammond Additional Reviewer Completed 08/20/2018 3:52 PM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 08/21/2018 8:46 AM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 08/21/2018 10:29 AM
Grants Erica Robinson Level 2 Grants Review Completed 08/23/2018 10:49 AM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 08/24/2018 7:29 AM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 08/24/2018 8:14 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/24/2018 9:51 AM
Grants Therese Stanley Additional Reviewer Completed 08/24/2018 1:03 PM
County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 09/02/2018 2:42 PM
Board of County Commissioners MaryJo Brock Meeting Pending 09/11/2018 9:00 AM
16.D.2
Packet Pg. 1065
Fund WBS Element Cost Element Cost element name Name Posting Date Val/COArea Crcy
705 33535.1 369600 GRANT PROGRAM INCOME RECL 100898190-HOME MATCH-SHIP#05-061 JUNIE ARMAND 10/02/17 ($10,000.00)
705 33535.1 369600 GRANT PROGRAM INCOME RECL 100898190-HOME MATCH-SHIP#12-035 M.LUZ CHAVEZ 10/02/17 ($19,224.68)
705 33535.1 369600 GRANT PROGRAM INCOME HOME PROG INCOME-EDEN GARDENS 01/17/18 ($31,571.43)
705 33535.1 369600 GRANT PROGRAM INCOME SHIP PAYOFF-RUVALCABA, F&B #09-232 (HOME)03/01/18 ($3,000.00)
369600 ($63,796.11)
16.D.2.a
Packet Pg. 1066 Attachment: 33535 PI (6188 : HOME 2017 PI)