Item 3: PH and Action: FY10 Supplemental Budget #1

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Capital Project Carryover Reconciliation The Capital Project Carryover Reconciliation also occurs in this supplemental budget. An estimate of the unspent balance in each capital project was established in the FY09 Annual Budget. These estimates have been reconciled with actual FY09 expenditures and the Capital Budget is adjusted to reflect the remaining unspent balances in each project. These transactions are noted as Capital Project Carryover Adjustments in Attachment A. Other types of adjustments on this supplemental budget are: Recognition of New Revenues and Re-Budgeting of Grants These transactions recognize new or expected revenues, primarily from grants and other agencies, and increase the operating and capital budgets. In some cases, capital project support from other governments for ongoing projects is put into Balance Available because the project is currently budgeted and the fund is being reimbursed for a share of the costs already appropriated or incurred. Grants that are received over a period of more than one fiscal year have their appropriation balances and revenues re-budgeted in the current fiscal year. In the General Fund, grant revenues totaling $1.89 million are appropriated to departments. The Police Department is the largest recipient of funds with $1.58 million of the total from a variety of federal and state sources. In the non-General Funds, several American Recovery and Reinvestment Act (ARRA) grants totaling about $9.3 million are being recognized and appropriated: The Planning and Development Department (PDD) has received a $567,000 Homeless Prevention and Rapid Re-Housing Grant in the Community Development Fund. The majority of the funds, $539,034, will be allocated to the Human Services Commission for distribution to social service agencies which are providing rental assistance and housing relocation/stabilization services. The remaining funds will be split equally between the City of Eugene and Lane County for administrative costs. Revenues from an Energy Efficiency and Conservation Block Grant (EECBG) of $1,485,000 from the US Department of Energy are distributed across several funds and departments and will be used on six projects: HVAC upgrades to city facilities o Steam conversion of four city facilities o SmartTrips program implementation o Green Building Assistance o Multi-family housing retrofits o Business facility improvements o ? PDD has received Community Development Block Grant-Recovery funds in the amount of $371,000 for job creation business loans and foreclosure counseling to help households maintain ownership. ? Public Works is recognizing $5.2 million in ARRA grants for five Pavement Preservation Capital Projects (PPP) in the Transportation Capital Fund. ? Public Works has received a National Oceanic and Atmospheric Administration (NOAA) $1.64 million ARRA grant for Delta Ponds capital restoration in the Stormwater Capital Fund. Z:\CMO\2009 Council Agendas\M091214\S0912143.doc