Agenda - View Meetings (All) (3114389569)

AI# 12783 Image of Lubbock City Logo 2021

Regular City Council Meeting

5.1.

09/10/2024:

Information

Agenda Item

Budget Ordinance Amendment 2nd Reading - Finance: Consider Budget Ordinance No. 2024-O0111, Amendment 44, amending the FY 2023-24 Budget for municipal purposes respecting the Community Development Fund; providing for filing; and providing for a savings clause.

Item Summary

On August 27, 2024, the City Council approved the first reading of the ordinance.

I. Accept and appropriate $93,379 from the Texas Department of Housing and Community Affairs (TDHCA) for the Comprehensive Energy Assistance Program (CEAP) Grant.

Grantee: City of Lubbock, Community Development Department
Funding Source: 2024 Supplemental CEAP from TDHCA (Contract 58940004161)
Use of Funds: Pass through grant from TDHCA to provide energy assistance by paying for energy bills only and repair or replacement of existing heating and cooling units
Terms: January 1, 2024 – December 31, 2024, with the option to extend time up to 6 months as determined by TDHCA

CEAP involves integration of all Low Income Home Energy Assistance Program (LIHEAP)-funded programs, thereby enhancing the efficiency and effectiveness of services provided to clients and eliminating duplication of services.

Fiscal Impact

The current FY 2023-24 Budget for the CEAP grant is $2,000,000. With the additional amount of $93,379, this will increase the appropriation amount to $2,093,379.

Staff/Board Recommending

Cheryl Brock, Interim Chief Financial Officer

Attachments

Budget Amendment 44