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SIX-YEAR FORECAST: SPECIAL REVENUE FUNDS
<br />
<br />COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUND
<br />The Community Development Block Grant (CDBG) Fund is an annual entitlement grant from
<br />the U.S. Department of Housing and Urban Development to fund public services, affordable
<br />housing, capital improvements, and economic development that primarily benefit
<br />low/moderate income persons.
<br />
<br />
<br />HOME GRANT FUND
<br />The HOME Grant Fund are grants from the U.S. Department of Housing and Urban
<br />Development (via Alameda County) for eligible affordable housing activities and renovation
<br />programs.
<br />
<br />
<br />
<br />Community Development 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
<br />Block Grant Fund 165 Actual Actual Projected Projected Projected Projected Projected Projected Projected
<br />Beginning Fund Balance 120,596 136,438 377,050 385,787 364,924 337,430 300,128 253,741 199,092
<br />Revenues
<br /> Federal/State Grants 720,212 383,850 650,000 400,000 400,000 400,000 400,000 400,000 400,000
<br /> Interest & Other Income - 300,000 - - - - - - -
<br /> Total Revenues 720,212 683,850 650,000 400,000 400,000 400,000 400,000 400,000 400,000
<br />Expenditures
<br /> Personnel 107,961 73,700 121,977 118,449 129,522 134,521 138,711 141,992 145,448
<br /> Non-Personnel 596,409 369,538 519,286 302,414 297,972 302,781 307,676 312,656 317,724
<br /> Total Expenditures 704,370 443,238 641,263 420,863 427,494 437,302 446,387 454,648 463,172
<br />Annual Surplus/(Shortfall)15,842 240,612 8,737 (20,863)(27,494)(37,302)(46,387)(54,648)(63,172)
<br />Ending Fund Balance 136,438 377,050 385,787 364,924 337,430 300,128 253,741 199,092 135,920
<br />2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
<br />HOME Fund 166 Actual Actual Projected Projected Projected Projected Projected Projected Projected
<br />Beginning Fund Balance 306,872 142,210 497,795 545,824 691,263 835,850 1,030,268 1,224,390 1,398,280
<br />Revenues
<br /> HOME Funds 84,375 270,983 156,000 100,000 100,000 150,000 150,000 130,000 130,000
<br /> Interest Income & Other Income 13,579 93,763 35,000 54,000 54,000 54,000 54,000 54,000 54,000
<br /> Total Revenues 97,954 364,746 191,000 154,000 154,000 204,000 204,000 184,000 184,000
<br />Expenditures
<br /> Personnel 5,254 8,652 8,821 8,561 9,413 9,582 9,879 10,110 10,353
<br /> Non-Personnel 257,362 508 134,150 - - - - - -
<br /> Total Expenditures 262,616 9,160 142,971 8,561 9,413 9,582 9,879 10,110 10,353
<br />Annual Surplus/(Shortfall)(164,662)355,585 48,029 145,439 144,587 194,418 194,121 173,890 173,647
<br />Ending Fund Balance 142,210 497,795 545,824 691,263 835,850 1,030,268 1,224,390 1,398,280 1,571,927
<br />83
<br />105
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