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HomeMy WebLinkAboutResolution 3925-10-2010 A Resolution NO. 3925-10-2010 A RESOLUTION AUTHORIZING THE CITY MANAGER TO REQUEST THAT THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT CHANGE THE CITY OF FORT WORTH'S CONSOLIDATED PROGRAM YEAR WHEREAS, The City of Fort Worth ("City") receives federal grant funds from the United States Department of Housing and Urban Development ("HUD") under the Community Development Block Grant, HOME Investment Partnerships Program, Emergency Shelter Grant and Housing Opportunities for Persons With AIDS Program (collectively, "HUD Grant Funds"); WHEREAS, the HUD Grant Funds are distributed to entitlement jurisdictions, including the City, on an annual basis, known as a "Consolidated Program Year"; WHEREAS, in the initial year of its receipt of HUD Grant Funds, the City, pursuant to HUD regulations, chose June 1 through May 31 for its Consolidated Program Year which is different from the City's fiscal year of October 1 through September 30; and; WHEREAS, pursuant to 24 CFR 91.10, the City desires to change its Consolidated Program Year for receipt of HUD Grant Funds to coincide with City's fiscal year of October 1 through September 30 in order to promote efficiency and consistency. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,TEXAS: The City Council hereby authorizes the City Manager to request that the United States Department of Housing and Urban Development change the start date for the City's Consolidated Program Year for HUD Grant Funds to October 1,pursuant to 24 CFR 91.10. Adopted this 5th day of October 2010. APPROVED CITY COUNCIL ATTEST: OCT 0 5 20�10 By: ----- �`�`! -- -------- — — City Secretary of the City of Fort Worth,Texas Marty Hendrix, City Secretary &RTWORTH City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION., Approved on 10/5/2010 - Res. No. 3825-10-2010, Ord. Nos. 1g385-10- 2010 & 19386-10-2010 DATE: Tuesday, October 05, 2010 REFERENCE NO.: G-17077 LOG NAME: 1717HEDESCROW3 SUBJECT: Adopt a Resolution to Change the City's Consolidated Program Year from June 1 - May 31 to October 1 - September 30 to coincide with the City 's Fiscal Year, Adopt a Supplemental Appropriation Ordinance Increasing Appropriations in the General Fund by $828,500.90 and Decreasing the Unreserved, Undesignated General Fund Balance by the Same Amount, Authorize Transfer from the General Fund to the Grants Fund to Decrease the Federal Grant Funds Receivable, and Adopt a Supplemental Appropriation Ordinance Increasing Appropriations in the Grants Fund by $828,500.90 RECOMMENDATION: It is recommended that the City Council authorize the City Manager to: 1. Adopt a Resolution requesting the United States Department of Housing and Urban Development to change the City's Consolidated Program Year from June 1 — May 31 to October 1 — September 30. 2. Adopt the attached supplemental appropriation ordinance increasing appropriations in the General Fund in the amount of$828,500.90 and decreasing the unreserved, undesignated General Fund balance by the same amount. 3. Authorize the transfer of$828,500.90 from the General Fund to the Grants Fund to decrease the federal grant funds receivable. 4. Adopt the attached supplemental appropriation ordinance increasing estimated receipts and appropriations in the Grants Fund by $828,500.90 from available funds. DISCUSSION: The City has received funds from the United States Department of Housing and Urban Development (HUD) for activities to assist low to moderate income City residents since the 1970s. As a condition of receiving these funds, HUD conducts audits of the City's programs to identify areas that can be improved or corrected and reviews policies and procedures that may need to be changed and adopted. Staff believes that it will assist the City in its performance of its contractual obligations to HUD to change the City's Consolidated Program Year to coincide with the City's fiscal year. Currently the HUD grant program year runs from June 1 through May 31. Staff recommends changing this to October 1 through September 30, the City's fiscal year. This change will allow the City Council to review the HUD grant budget at the same time as the City budget, and the grant year will close out at the same time as the City's financial year. Logname: 1717HEDESCROW3 Page 1 of 2 In addition, staff is recommending closing HUD grant activities that are ineligible for federal funding. Currently the City has 385 open HUD activities from 1995 to the present. Of the 385 activities, 174 are associated with activities prior to 2007. A majority of these open projects are either awaiting completion, are pending Model Block programs, or are activities with HUD audit findings from monitoring. Of the 385 open activities, 138 cannot be closed because of insufficient documentation or project ineligibility under federal rules. The amount of City funds expended for the 138 activities is $828,500.90 but the City cannot be reimbursed with federal funds because of the documentation and eligibility issues. These outstanding reimbursements are currently booked in the City's accounting system as receivables. Staff recommends closing these activities in the HUD financial system and decreasing the receivables by $828,500.90 and decreasing the unreserved, undesignated General Fund Balance by the same amount. This action will close 138 pending activities and allow the City to redirect the previously tied up federal funds on new eligible grant activities that can then be reimbursed by HUD. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations and adoption of the attached supplemental appropriation ordinance, funds will be available in the current operating budget as appropriated, of the Grants Fund. Upon approval, the unreserved, undesignated fund balance of the General Fund will exceed the minimum reserve as outlined in the Financial Management Policy Statements. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers 2) GG01 538070 0905500 $828.500.90 3)GG01 538070 0905500 $828.500.90 3)GR76 472001 XXX206XXXXXX $828.500.90 4) GR76 472001 XXX206XXXXXX $828.500.90 4)GR76 539120 XXX206XXXXXX $828.500.90 CERTIFICATIONS: Submitted for City Manager's Office by: Thomas Higgins (6192) Originating Department Head: Jay Chapa (5804) Additional Information Contact: Socorro "Coy" Gray (6203) Logname: 1717HEDESCROW3 Page 2 of 2