Laserfiche WebLink
8.Information, Reports & Other Business <br />a.Discuss 2006 Budget Process and Preliminary Budget (HF31) <br />Executive Director Bennett provided a brief summary of the budget review process and a <br />summary of expenditures to date. Bennett noted that the funds (HRA General Levy and CDBG <br />Restricted Funds) have been separated for ease in reporting as many of the HRA programs and <br />administration costs are not eligible to be paid for by the CDBG funding source. Bennett also <br />noted that the Finance Subcommittee met to discuss the current 2005 budget expenditures and <br />possible new programs as well as structure of the 2006 budget. <br />Member Kelsey asked if the Home & Garden program could become its own fund in 2006 since <br />it was paid for by exhibitor and sponsor fees. <br />Chair Majerus provided a summary of the finance subcommittee meeting noting that there was a <br />discussion regarding facilitation and support for more public/private partnerships in the delivery <br />of housing programs and services to help bridge the funding and programming gaps and <br />maximize the success for programs. Questions were asked regarding how would public/private <br />partnerships help to get the information out and facilitate better funding applications as well as <br />are the proposed programs the best use of our dollars? <br />Member Hermes noted that the subcommittee talked about the focus on a broader picture and <br />what Roseville should look like in 10 years. If targeting young families and making Roseville <br />more appealing is the ultimate goal then the programs should always be reflective of this. She <br />noted that there needs to be more focus in out programming. <br />Member Kelsey added that the subcommittee talked about two specific programs to be <br />implemented in 2005 using existing funds to provide focus on increasing young family ownership <br />and investment in housing in Roseville. She provided a brief summary of each program and <br />asked that staff bring back specific program guidelines and cost estimates in July for review and <br />action by the HRA. The programs include providing funding for the Senior Housing <br />Regenerations Program with more partnership with local realtors as well as provide a loan <br />program to families for home renovation projects. <br />Chair Majerus noted that each program should evaluate how they can be best facilitated using <br />existing resources and discuss a partnership with GMHC (provider of the Senior Housing <br />Regeneration Program) to create a win/win situation for new homeowners achieving the HRA’s <br />goals. <br />Member Hermes noted that there should be a blueprint for the community and a plan for the <br />future. <br />Member Bean noted that looking at the budget split between two funds is critical because it <br />shows clearly how there is a need for community funding to support even the existing programs <br />(such as the Housing Resource Center) and that they could be in jeopardy of continuing. <br />Member Kelsey noted that this is a good opportunity to work with the Council in understanding <br />the issue and funding strategies so that everyone can move forward together to achieve better <br />neighborhoods and quality housing in Roseville. <br />4 <br /> <br />