Title
Provide an Update to City Council on Grants to the Community
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
MEETING DATE: August 15, 2016
DEPARTMENT: Housing and Community Development
CONTACT: Janay Tieken, Housing & Community Development Manager
RECOMMENDED CITY COUNCIL ACTION:
• Consider purpose and budget for grants to the community.
ITEM SUMMARY:
• Grants to the Community - 001-9999-403-8559 - is a General Fund account. In this account, HCD is responsible for: McKinney Arts Commission, Community Support Grants, and Volunteer McKinney.
• Community Development Block Grant (CDBG) is Federal funding received from the Department of Housing and Urban Development. Up to 15% of the City’s annual CDBG allocation provides funds for nonprofits that provide programs for low to moderate income individuals or areas.
BACKGROUND INFORMATION:
• Council has expressed a concern that all City resources going to individual organizations be captured, whether it is federal funds (CDBG), General Funds (McKinney Arts Commission, Community Support Grant), or sales tax revenue (MCDC).
FINANCIAL SUMMARY:
• FY16 General Fund grants budget:
o Community Support Grant: $119,700
o McKinney Arts Commission: $200,000
o Volunteer McKinney: $67,000
BOARD OR COMMISSION RECOMMENDATION:
• N/A