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Budget Resolution HOME Funds.docx

Rialto City Council
August 13, 2024

Document
Budget Resolution HOME Funds.docx
Meeting
August 13, 2024
Body
Rialto City Council
Original file
27 KB
Text extracted from the city's file for reading and search. Open the original on legistar.granicus.com. That file is the official record.

RESOLUTION NO._____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIALTO, CALIFORNIA, ACCEPTING HOME FUNDING FROM US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AND AMENDING ITS 2024-2025 FISCAL BUDGET WHEREAS, the budget for fiscal year 2024-2025 of the City of Rialto has been adopted by this Council in its original form, and said budget will need to be amended at times to fulfill the goals of the City; and WHEREAS, the City departments may not exceed their appropriations by character of expense, with character of expense being defined as personnel services, services and supplies, capital outlay, debt service and transfers, without the consent of the City Manager; and WHEREAS, the City Manager may transfer appropriations, between departments and within their respective funds, as long as those appropriations do not exceed their fund total unless approved by Council.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RIALTO DOES HEREBY FIND, DETERMINE, AND RESOLVE AS FOLLOWS:

Section 1: Accept additional funding from the US Department of Housing and Urban Development (Hud).

Section 2: Authorize an increase in estimated revenues in the amount of $374,469.26 in CDBG Fund No. 2234; and Section 3: Approve an appropriation of $374,469.26 in CDBG Fund No. 2234 for the HOME Program.

Section 4: Approve an appropriation of $125,530.74 in General Fund No. 1010 for the HOME Program Matching Funds. \\\\

PASSED APPROVED AND ADOPTED this _____ day of ____________, 2024. _______________________________
DEBORAH ROBERTSON, Mayor
ATTEST:
______________________________
BARBARA McGEE, City Clerk
APPROVED AS TO FORM:
______________________________
ERIC VAIL, City Attorney
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
CITY OF RIALTO )
I, Barbara McGee, City Clerk of the City of Rialto, do hereby certify that the foregoing Resolution No.____ was duly passed and adopted at a regular meeting of the City Council of the City of Rialto held on the ____ day of ______________, 2024.

Upon motion of Council Member ____________, seconded by Council Member ____________, the foregoing Resolution No. ____ was duly passed and adopted.

Vote on the motion:

AYES:

NOES:

ABSENT:

IN WITNESS WHEREOF, I have hereunto set my hand and the Official Seal of the City of Rialto this _____ day of _________________, 2024. ____________________________________
BARBARA McGEE, CITY CLERK
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