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BOOK 94 FAGS. 881 <br />M. Miscellaneous Budget Amendment #016 <br />The Board reviewed the following memo dated 4/12/95: <br />OFFICE OF MANAGEMENT AND BUDGET <br />TO: Members of the Board <br />of County Commissioners <br />DATE: April 12, 1995 <br />SUBJECT: MISCELLANEOUS BUDGET AMENDMENT 016 <br />CONSENT AGENDA <br />FROM: Joseph A. Bair <br />OMB Director <br />The attached budget amendment is to appropriate funding for the following: <br />1. The Friends of the Vero Beach Public Library have made a donation to the Main Library <br />amounting to $10,647.95. One check for $5,000 is for the National Telecommunication <br />and Information Administration (NTIA) grant match and is designated to go toward the <br />purchase of a LCD projector to be housed at the Main Library. This projector will be <br />used as a training instrument for the public. The remaining dollars are to be used for <br />books on tape and magazines. This entry will allocate this donation. <br />2. On November 19, 1994 the Sheriffs Office held a "Sale of Surplus Property" and are <br />using the proceeds to purchase replacement equipment (see attached memo). <br />3. In 1993/94 the Housing Authority applied for a grant and received $6,016.00 in advance. <br />They were unable to meet the objectives of the grant and must return the prior year <br />revenue. They have re-applied for the grant in 1994/95 and the grant application has <br />been approved for the same objectives. The attached entry allocates the money to do <br />this. <br />4. The Housing Authority sent the Budget Office an estimated revenues for the 1994/95 <br />fiscal year. One of the revenues was $15,000 for Rental Assistance. The Budget <br />Director interpreted that to mean a $15,000 Rental Assistance grant from the Federal <br />Government, but Housing Authority wanted a transfer of $15,000 from the Rental <br />Assistance fund. The attached entry corrects the revenue budget. <br />5. The budget staff decided to change the funding subsidy for the Housing Authority we had <br />initially budgeted a subsidy of $74,606 from the General Fund which staff would like <br />to reduce to $24,606 and have the Rental Assistance Program pay $50,000 of the <br />subsidy. Staff feels this subsidy is better since the Housing Authority and Rental <br />Assistance are similar functions. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners approve the attached budget amendment 016. <br />24 <br />APRIL 18, 1995 <br />