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<br /> -- DRAFT -- <br />2025-2029 ConPlan & FY 2025-2026 Annual Action Plan <br />Page 76 of 90 <br /> <br />EXPECTED RESOURCES <br />AP-15 Expected Resources - 91.420(b), 91.220(c)(1,2) <br />Introduction <br />During the 2020-2024 ConPlan 5-Year planning period, the average amount of CDBG funding received was $778,000 per year. The City anticipates <br />annually receiving $765,834 and $3,829,170 in total over the next 5 years. The City’s FY starts July 1 and runs through June 30. <br /> <br />The government-wide Uniform Administrative Requirements, Cost Principles, and Audit Requirements regulation at 2 CFR § 200 contains language <br />concerning agency approval of pre-award costs. The language at 2 CFR § 200.458 applies to any program that does not have separate provisions <br />concerning authorization of pre-award costs: <br />2 CFR § 200.458. Pre-award costs are those incurred prior to the effective date of the Federal award directly pursuant to the negotiation and <br />in anticipation of the Federal award where such costs are necessary for efficient and timely performance of the scope of work. Such costs are <br />allowable only to the extent that they would have been allowable if incurred after the date of the Federal award and only with the written <br />approval of the Federal awarding agency. <br /> <br />In FY 2025-26, the City will spend prior year resources, unspent funds, of approximately $408,959.35. Therefore, the City anticipates spending <br />$1,174,793.35 in FY 2025-26. The anticipated administration funds over the next five years are $765,834, and public services are $114,875.10. <br /> <br /> <br /> <br /> <br />