Loading...
HomeMy WebLinkAboutHFB Mtg 5.27.2026 Emergency Shelter - SLIDESEmergency Shelter FINANCIAL UPDATE 2025 Actuals DRF Grant received $337,027 Dept of Ag Emergency Food $8,589 Coast Donation $52,385 Total Revenue $398,001 Total 2025 Budget 275,500.00 Total 2025 Actuals 307,264.31 (31,764.31) COAST Donation 52,385.00 Remaining Budget 20,620.69 Shelter Budget to Actual ExpendituresShelterActualRevenues 2026 January -June DRF Grant Jan-Jun $168,961 Coast Donation $30,000 Total Revenue Available $198,961 Bayside Expenditures $130,771.90 County Expenditures $21,129.84 Total Actual Expenditures $151,901.74 Expenditure Budget Remaining through June $21,642 Shelter Revenues Shelter Expenditures (Jan-Apr) 2026 Proposed Budget Emergency Shelter Budget Budget Operations Description Recommendation Staff Salaries & Benefits 255,000 Insurance Insurance 2,800 Meals Meals 70,560 Furnishings/Equipment Basic Supplies 3,500 Supplies Cleaning Supplies 20,000 Overhead Bayside Overhead 12,000 Total Total Bayside Operational Budget 351,860 Less Donations (30,000) Total Bayside less donation 321,860 County Responsibility Repairs, Legion Rent, Utilities 47,000 Total Shelter Actual/Budget 368,860 DRF Additional Grant (Feb-June 2026) (115,116) DRF Grant (Jul-Dec 2026) (186,229) Total Grant Funding (301,345) Total Budget Gap 67,515 Request to HFB for Emergency Shelter Approved revised budget as submitted through the end of 2026. Fund the budget gap from additional revenues, fund balance. Prefer an addition $100,000 that includes the budget gap. Current Facts: OlyCAP Congregate Shelter will not be ready until early 2027. Revenue from DRF $186,229 is secure. Fund balance is available to fund due to over-performing recording fee revenue, currently at 59% of budget at the end of April.