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Ordinance 3107-08
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Ordinance 3107-08
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11/1/2016 10:54:56 AM
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Ordinances
Ordinance Number
3107-08
Date
12/10/2008
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2008 <br /> Budget Adjustments <br /> Tally Sheet <br /> Department Code Rev Exp FB <br /> NGA-17 CHIP Loan Program Amendment-Home and Shelter Improve. 197A 85,065 85,065 - <br /> Sources of revenue for the CHIP Loan Fund include HOME, ADDI, and state 2060 funds. This <br /> amendment authorizes the expenditure of some of those funds in the 2008 budget. <br /> The funds will be used as follows: <br /> 1. Downpayment assistance for purchase of a residence ($35,000) using federal HOME and <br /> ADDI funds; and <br /> 2. Interfaith Shelter improvements using state 2060 funds. <br /> These allocations were approved by City Council as part of the annual Community Development <br /> Action Plan. <br /> Increase ADDI Revenue Budget 197 3331425222 10,000 <br /> Increase HOME Revenue Budget 197 3331425209 25,000 <br /> Increase Affordable Housing Trust Fund Revenue Budget 197 3370700210 50,065 <br /> Increase budget for Purchase of Residence 197 5599022520 10,000 <br /> Increase CHIP Expenditure budget 197 5599017520 25,000 <br /> Increase budget for Interfaith Shelter Improvements 197 5599018494 50,065 <br /> ATTACHMENT A <br /> Tally 2008.xls 11/14/2008 <br />
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