Fiscal Year 2013 Recommended Budget Book - Lake County

Department: Community ServicesDivision: Housing ServicesActual Adopted Estimated BudgetExpenditures/Positions FY 2011 FY 2012 FY 2012 FY 2013Expenditures by CategoryPersonal Services $ 475,481 $ 514,651 $ 496,052 $ 553,549Operating 211,796 529,290 160,304 400,729Capital Outlay - - - -Subtotal Operating Expenditures $ 687,277 $ 1,043,941 $ 656,356 $ 954,278Capital Improvements 128,876 357,769 281,741 -Debt Service - - - -Grants and Aids 5,679,380 9,822,291 5,639,745 7,922,061Transfers - - - -Reserves - 849,961 - 1,910,787Total Operating Expenditures $ 6,495,533 $ 12,073,962 $ 6,577,842 $ 10,787,126Service Charge Reimbursements - - - -Net Expenditures $ 6,495,533 $ 12,073,962 $ 6,577,842 $ 10,787,126Expenditures by FundAffordable Housing Assistance Trust $ 1,925,152 $ 1,441,768 $ 1,226,785 $ 1,041,717Community Development Block Grant 1,290,260 6,258,709 2,209,768 5,818,611Section 8 3,280,121 4,373,485 3,141,289 3,926,798Total Expenditures $ 6,495,533 $ 12,073,962 $ 6,577,842 $ 10,787,126Number of Full Time Positions 8.0 8.0 8.0 8.0Number of Part Time Positions - - - -Number of Full Time Equivalent Positions 8.0 8.0 8.0 8.0Highlights:Personal Services for Fiscal Year 2013 does not include any salary increases for employees and reflects an increase from $5,500to $6,900 in life and health insurance costs. In addition, the salary and benefits for several positions were reallocated to adhere totime management guidelines for grant programs.Operating Expenses for Fiscal Year 2013 includes a reduction in other current charges and obligations, which is generally usedfor grant administration purposes. Additionally, the budget reflects the increased risk insurance allocation from 25 percent to 100percent for all County departments.Grants and Aids for Fiscal Year 2013 includes $2,779,627 for the Neighborhood Stabilization Program 3 (NSP3). The initialgrant totaling $3,199,585 was awarded to Lake County in Fiscal Year 2011 by the U.S. Housing and Urban Development. Theprimary focus of the NSP3 program funding is for acquisition and rehabilitation of foreclosed properties within Lake County.Acquired properties will be reconstructed to sell to eligible homebuyers. Fiscal Year 2013 Grants and Aids also includesCommunity Development Block Grant (CDBG) funding for Urban County Partners at $87,500; Community Projects for$458,895, Housing Rehabilitation at $100,000; and Section 8 housing assistance payments totaling $3,454,407. There is $470,925in State Housing Initiative Program (SHIP) funding that will be utilized in Fiscal Year 2013. Also included for Fiscal Year 2013is carry-forward funding in the amount of $52,500 for Urban County Partners; $460,068 for Community Projects, and $24,418for Housing Rehabilitation. Additionally, there is $33,721 budgeted for future Community Projects.Reserves for Fiscal Year 2013 include $142,895 available for Section 8 program administration, and $1,767,892 in purchaseorder carry-forwards.F - 12