Title
Grant Project Ordinance Establishing the Fiscal Year 2019-2020 Budget for the HOME Grant
Body
Department: Budget & Evaluation
Council District: All
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Larry Davis, 373-2291
Contact 2 and Phone: Jon Decker, 373-4181
PURPOSE:
The attached ordinance serves to adopt one of the FY 19-20 annual operating budgets for the City of Greensboro for FY 19-20 grants and capital projects funds. A budget ordinance needs to be approved by City Council to establish this budget.
BACKGROUND:
The following agenda items are associated with the adoption of the FY 19-20 Annual Budget. These ordinances and resolutions reflect changes discussed with Council during budget work sessions and include the following:
Grant project ordinance establishing the FY 19-20 budget for the HOME Grant.
BUDGET IMPACT:
The grant project budget reflects the grant amounts expected during FY 19-20 for each grant and may be amended during the year if necessary due to changes in the actual grant authorizations.
RECOMMENDATION / ACTION REQUESTED:
It is requested and recommended that the City Council adopt the attached budget ordinance adopting the annual operating budget for FY 19-20.