Agenda Item Name:
Title
Budget Amendment Unanticipated Revenue from the Florida Housing Finance Corp. and Interest
End
Presenter:
Tommy Crosby (352) 337-6205
Description:
Recognize unanticipated revenue in the amount of $203,359 from the Florida Housing Finance Corp. and Interest
Recommended Action:
Recommended Action
Adopt Resolution 2021-XX, Approve Budget Amendment 2021-4147 for unanticipated revenue in the amount of $203,359 and authorize the Chair to sign the Resolution
End
Prior Board Motions:
N/A
Fiscal Consideration:
Fiscal Consideration
The revenue and expense will be posted to Fund 154.
154.00.0060.331.2000 $203,205
154.00.0060.361.1410 $ 154
154.00.0060.525.31.00 $203,359
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Strategic Guide:
Housing
Background:
Alachua County has been awarded a total of $556,533 for the COVID-19 Relief for housing assistance. This was project# 6200002-SHIP.
This Budget Amendment and Resolution are to recognize the $203,205 revenue that was not earned in FY20 and therefore recognized in FY21 and appropriate the related expenses as well as recognize the $154 interest associated with the funds.