Cities Index.
Attachment 1 - CDBG Budget Overview 24-25

Community Development Block Grant Standing Committee of the City Council
April 2, 2024

Document
Attachment 1 - CDBG Budget Overview 24-25
Meeting
April 2, 2024
Body
Community Development Block Grant Standing Committee of the City Council
Original file
433 KB
Text extracted from the city's file for reading and search. Open the original on ci-ssf-ca.legistar1.com. That file is the official record.

CDBG FY 24-25 (Estimate)
Entitlement Amount 457,048
Prior Years Uncommitted Funds (Estimated Rollover) 100,000 Program Income Estimate 7,000
Total 564,048
HOME
HOME Administrative Funds 13,400
ESTIMATED TOTAL FUNDS (ALL SOURCES) 577,448
PUBLIC SERVICES Estimate
15 % of FY 22-23 Entitlement 69,000
Total Public Service Limit 69,000

CDBG ADMINISTRATION
20% of FY 224-25 Entitlement 91,410
20% of Estimated Current Year Program Income 1,400
Total Administration Limit 92,810
Total Non-Administrative Funds 471,238
PUBLIC IMPROVEMENTS/PUBLIC FACILITIES Estimate
Public Improvements Projects 277,248
MINOR HOME REPAIR PROGRAMS 100,000
Total Budgeted CDBG Funds 539,058
Unbudgeted CDBG Funds 24,990

NON-RESTRICTED CDBG FUNDS
Attachment 1
Budget FY 2024-25

FUNDS AVAILABLE

SPENDING LIMITS FOR CDBG FUNDS
NOTE: All FY 24-25 Funds are estimates, final funding pending HUD allocations.

Community Development Block Grant Program

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