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HomeMy WebLinkAboutSummary FormDate: 12/19/2012 AGENDA ITEM SUMMARY FORM FILE ID: 42-0/4/4d TLaw Department Matter ID No. Requesting Department: Community & Economic Development Commission Meeting Date: 01/10/2013 District Impacted: 1,2,3,4,5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: ALLOCATION OF FUNDS FROM THE POVERTY INITIATIVES ACCOUNT Purpose of Item: AUTHORIZING THE ALLOCATION OF POVERTY INITIATIVE PROGRAM FUNDS, ACCOUNT NO. 14010.910101.882000, TOTALING $190,500, IN THE AMOUNTS AND TO THE AGENCIES AS SPECIFIED IN ATTACHMENT "A", ATTACHED AND INCORPORATED, FOR PUBLIC SERVICES ACTIVITIES FOR PROGRAM YEAR 2012-2013; AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH SAID AGENCIES, FOR SAID PURPOSE. Background Information: See attached Budget Impact Analysis YES Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: N/A Special Revenue Account No: 14010.910101.882000 CIP Project No: N/A NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: N/A Maintenance Cost: N/A Total Fiscal Impact: $190,500 Final Approvals (SIGN AND DATE) CIP Budget Risk Management Purchasin Dept. Director C If using or receiving capital funds Grants 2 City Managet-C, Page 1 of 1 AGENDA ITEM SUMMARY FORM CONTINUED Background Information: Due to the decrease of available Community Development Block Grant funds, all Public Service agencies' allocations have been reduced by approximately 34 percent. Pursuant to Resolution No. 12-0290, adopted July 26, 2012, the Miami City Commission approved the allocation of Poverty Initiatives Program Funds in the amount of $190,500. The City Commission wishes to allocate funding to cover public service program shortfalls for fiscal year 2012-2013 from the Poverty Initiatives Program Fund, Account No. 14010.910101.882000 (these funds were transferred from the General Fund NDA Account No. 00001.980000.891000). The City Commission recommends the allocation of funds from the Poverty Initiatives, totaling $190,500, in the amounts and to the agencies as specified in Attachment "A", attached and incorporated.