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Community Services - Nussbaum Housing Partnership Revolving Fund
BUDGET HIGHLIGHTS
The Nussbaum Housing Partnership Fund budget is increasing by $334,183 or 18.4% in FY 14-15.
Based on Council direction, the FY 14-15 budget includes the use of over $180,000 in fund balance to
support an increase in homelessness prevention services.
The Nussbaum Fund programs and finances will be managed by the new Neighborhood Development
Department.
PERFORMANCE MEASURES
2012-13
2013-14
2014-15
2015-16
Actual
Budget
Adopted
Projected
Workload Measures
Number of housing units developed or rehabilitated that
are affordable to households at or below 80% of area
median income.
96
80.000
85
90
Efficiency Measures
Percentage of required planning & reporting documents
submitted on time to appropriate agencies.
100%
100%
100%
100%
Effectiveness Measures
Dollar value of investment leveraged as a result of
development & redevelopment activities.
$88.7M
$65.0M
$70.0M
$75.0M
Number of Greensboro residents who are homeless,
as determined through the annual Point-In-Time Count.
1,005
949
925
900
BUDGET SUMMARY
2012-13
2013-14
2014-15
2015-16
Actual
Budget
Adopted
Projected
Expenditures:
Personnel Costs
990,355
797,748
956,896
989,298
Maintenance & Operations
810,846
1,016,472
1,191,507
868,626
Capital Outlay
0
0
0
0
Total
1,801,201
1,814,220
2,148,403
1,857,924
Total FTE Positions
14.795
12.195
12.045
12.045
Revenues:
User Charges
127,930
51,000
51,000
51,000
Appropriated Fund Balance
65,707
21,460
188,643
27,164
Property Taxes
1,685,429
1,700,000
1,717,000
1,738,000
General Fund Transfer
152,667
0
0
0
All Other
126,995
41,760
191,760
41,760
Subtotal
2,158,728
1,814,220
2,148,403
1,857,924
Total
2,158,728
1,814,220
2,148,403
1,857,924
