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Community Services - Nussbaum Housing Partnership Revolving Fund
BUDGET HIGHLIGHTS
The FY 16-17 Adopted Budget is decreasing by $1,357,868, or 40.5%.
In FY 15-16, the appropriation of additional fund balance was used for more housing rehabilitation,
housing development, and homebuyer assistance and education programs.
The FY 16-17 Adopted Budget includes a net increase of 1.13 FTE. An Assistant City Attorney position is
added, which will be equally funded between the Housing Partnership Fund and the General Fund. Two
full-time positions, a Grants Compliance Administrator and a Financial Analyst position, were transferred
from the Community Development Block Grant (CDBG) Fund to the Nussbaum Fund during the FY 15-16
year. One full-time position, a Business Office Supervisor, was transferred from the Nussbaum Fund to
the Planning Department. One full-time position, an Administrative Support Specialist, previously fully
funded in the Nussbaum Fund has been partially allocated to the Planning Department.
The Nussbaum Housing Partnership Fund programs and finances will continue to be managed by the
Neighborhood Development Department.
BUDGET SUMMARY
2014-15
2015-16
2016-17
2017-18
Actual
Budget
Adopted
Projected
Expenditures:
Personnel Costs
783,208
938,772
1,088,854
1,123,709
Maintenance & Operations
2,067,354
2,406,245
904,905
939,862
Capital Outlay
62,754
6,610
0
0
Total
2,913,316
3,351,627
1,993,759
2,063,571
Total FTE Positions
12.045
12.045
13.175
13.175
Revenues:
User Charges
1,294,727
51,000
51,000
51,000
Appropriated Fund Balance
299,368
1,504,867
121,159
159,811
Property Taxes
1,744,380
1,754,000
1,782,000
1,811,000
General Fund Transfer
0
0
0
0
All Other
790,327
41,760
39,600
41,760
Subtotal
4,128,802
3,351,627
1,993,759
2,063,571
Total
4,128,802
3,351,627
1,993,759
2,063,571