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Appropriation Adjustment — HCV CARES Act Admin Funds <br />June 2, 2020 <br />Page 2 <br />Staff intends to use approximately $75,000 of these fees to complete necessary upgrades to <br />information technology or computer systems resulting in the Housing Authority's business <br />continuity during the COVID related crisis, or the next such emergency that may come our way. <br />Business continuity has been disrupted and this is an opportunity to improve the Housing <br />Authority's agility. The remaining portion will be used for on -going eligible administrative expenses <br />incurred by the Housing Authority during this pandemic in response to the coronavirus. A <br />description of new eligible coronavirus-related activities was provided by the U.S. Department of <br />Housing and Urban Development in Public and Indian Housing Notice 2020-08 (Exhibit 2). <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #5 - Community Health, Livability, <br />Engagement & Sustainability, Objective #3 (facilitate diverse housing opportunities and support <br />efforts to preserve and improve the livability of Santa Ana neighborhoods). <br />FISCAL IMPACT <br />Approval of the appropriation adjustment will recognize $601,744 in the revenue account and <br />increase the expenditure accounts as follows: <br />Revenues <br />Fiscal Year <br />Accounting Unit- <br />Fund Description <br />Accounting Unit, Account <br />Amount <br />Account <br />Description <br />FY 19-20 <br />15718002-52000 <br />Housing Admin <br />Federal Grant -Direct <br />$601,744 <br />Ma <br />CARES Act <br />Total Revenues <br />$601,744 <br />Expenditures <br />Fiscal Year <br />Accounting Unit- <br />Fund Description <br />Accounting Unit, Account <br />Amount <br />Account <br />Description <br />FY 19-20 <br />15718760-various <br />Housing Admin <br />Housing Admin CARES Act <br />$252 828 <br />(June) <br />CARES Act <br />COVID-19, Various <br />FY 20-21 <br />15718760-various <br />Housing Admin <br />Housing Admin CARES Act <br />$348,916 <br />Jul -Dec. <br />CARES Act <br />COVID-19, Various <br />Total Expenditures <br />$601,744 <br />The expenditure spending plan is only an estimate and subject to change. Any amount unspent <br />in June 2020 from the projected will be carried forward for expenditure in FY 20-21. <br />Exhibits: 1. Allocation Letter from HUD <br />2. Public and Indian Housing Notice 2020-08 <br />20A-2 <br />