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C.47 Consent     C.47    
BOS Agenda Appropriation Adjustments  
Meeting Date: 04/07/2009 Time (Duration):
APPROPRIATION OF FY 2008/09 NEIGHBORHOOD STABILIZATION FUNDS
Submitted For: Catherine Kutsuris, Conservation & Development Director
Department: Conservation & Development Division: CD - CDBG/Housing/RDA Planning
Noticed Public Hearing: No
 Official Body: Board of Supervisors
Presenter/Phone, if applicable: Audio-Visual Needs:
Handling Instructions: District: All Districts
Contact, Phone: Patrick Nurre, 335-7226
Information
Recommendation(s):

APPROVE Appropriations and Revenue Adjustment No. 5079 authorizing new revenue in the amount of $1,194,000 from Neighborhood Stabilization funds for anticipated expenditures for projects and program delivery for FY 2008/09.
Fiscal Impact:
No General Fund impact. CFDA #14.256
Background:
Contra Costa County received a grant of $6,019,051 from the U.S. Department of Housing and Urban Development for the Neighborhood Stabilization Program (NSP). The proposed allocation of the NSP funds was approved by the Board on November 18, 2008. The County has 18 months to obligate the funds and four years to expend the funds.
Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers
Attachments
TC 27
Signed TC27

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