Final Adopted Budget FY23-24

NUSSBAUM HOUSING PARTNERSHIP REVOLVING FUND Housing Services & Administration: The Housing Services budget allocates funding to support city-wide housing rehabilitation programs. Administration provides executive leadership, planning and administrative support for all functions and programs within the Nussbaum Fund. The Administration Division includes funds that are combined with federal funds and allocated based on federal funds available and priorities. Homeless Prevention: The Homelessness Prevention budget allocates funding to support homelessness prevention activities including emergency and transitional shelter, rapid re-housing and housing information and referral services for persons experiencing homelessness or at risk of becoming homeless.

Asset Management: The Asset Management budget allocates funding to support maintenance and disposition of City-owned property in active redevelopment areas.

Actual 2021-22

Budget 2022-23

Adopted 2023-24

Projected

2024-25

Expenditures by Program Housing Services & Administration

3,113,848

1,570,459

3,075,615

3,171,848

539,075 199,544

Homeless Prevention Asset Management

429,387 175,927

539,075 199,544

539,075 199,544

Total

3,852,467

2,175,773

3,814,234

3,910,467 Projected

Actual 2021-22

Budget 2022-23

Adopted 2023-24

2024-25

Full-time Equivalents by Program Housing Services & Administration

10.50

13.80

11.00

10.50

Total

10.50

13.80

11.00

10.50

Actual 2021-22

Budget 2022-23

Adopted 2023-24

Projected

2024-25

Expenditures by Type Personnel Costs

1,224,212 2,628,255 3,852,467

1,089,602 1,086,171 2,175,773 2,049,182 473,042 (130,686)

1,137,731 2,676,503 3,814,234

1,266,386 2,644,081 3,910,467

Maintenance & Operations

Total

Revenues by Type Property Tax User Charges Other Revenues Interfund Transfers

3,699,000

3,647,000

3,757,000

86,544 66,923

86,544 80,690

86,544 66,923

- -

4,037

- -

- -

Appropriated Fund Balance

1,886,483 4,282,058

Total

3,852,467

3,814,234

3,910,467

Adopted 2023-24 Budget

54