HomeMy WebLinkAboutSummary FormDate: 7/30/2007
AGENDA ITEM SUMMARY FORM
FILE ID: - Ui b J b
PH.10
Requesting Department: Community Development
Commission Meeting Date: 9/11/2007 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: TRANSFERRING FUNDS TO DE HOSTOS SENIOR CENTER, INC.
Purpose of Item:
AUTHORIZING THE TRANSFER OF 33rd PROGRAM YEAR COMMUNITY DEVELOPMENT
BLOCK GRANT ("CDBG") FUNDS, IN THE TOTAL AMOUNT OF $75,100, FROM THE CITY OF
MIAMI DEPARTMENT OF COMMUNITY DEVELOPMENT'S (THE "DEPARTMENT") PUBLIC
SERVICES RESERVE FOR DISTRICT 2; ALLOCATING SAID FUNDS TO DE HOSTOS SENIOR
CENTER, INC. ("DE HOSTOS"), FOR PUBLIC SERVICES, TO PROVIDE CONGREGATE AND
HOMEBOUND MEALS TO THE ELDERLY RESIDENTS IN DISTRICT 2; AUTHORIZING THE CITY
MANAGER TO EXECUTE AN AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM(S),
WITH SAID AGENCY, FOR SAID PURPOSE.
Background Information:
PLEASE SEE ATTACHED
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Dept. Dire
Chief
Final Approvals
SIGN AND DATE)
City Manager \�
AGENDA ITEM SUMMARY FORM CONTINUED
BACKGROUND INFORMATION:
De Hostos is a not -for -profit agency that provides congregate and home -bound meals to
approximately sixty (60) elderly residents in District 2.
In April 2007 the Department contracted the services of Sanson, Kline, Jacomino &
Company (the "accounting firm"), an outside accounting firm, to review the finances of
De Hostos and assist the Department in determining whether the amounts reported by
De Hostos as expenditures during July 1, 2005 through January 31, 2007 were valid.
Pursuant to Resolution No. 07-0314, adopted on June 12, 2007, the City Commission
authorized the allocation of 33rd Program Year CDBG funds, in the amount of $75,100,
to the Public Services Reserve for District 2.
The Department did not recommend De Hostos for 33rd Year funding at the June 12,
2007 City Commission meeting because Sanson, Kline, Jacomino & Company had not
released the Independent Accountants' Report on Applying Agreed -Upon Procedures
("the report").
In June 29, 2007 the report revealed accounting inconsistencies.
De Hostos worked with the Department and the accounting firm to correct identified
inconsistencies and implement procedures to prevent future accounting errors.
The Department deemed the implemented procedures to prevent future accounting
inconsistencies acceptable.
The Administration is recommending the transfer of funds, in the amount of $75,100,
from the Department of Community Development's Public Services Reserve for District
2, and the allocation of said funds to De Hostos Senior Center, Inc., for the provision of
congregate and home -bound meals to elderly residents in District 2, in the 33rd program
year.