Submitted By: James Haynes
presenter
Presentation By: James Haynes
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Department: Community Development Services
STAFF RECOMMENDATION (Motion Ready):
title
Budget Resolution 2026-133 amending the Fiscal Year 2025-26 budget to accept and appropriate funding for the City of Ocala’s Home Investment Partnership Program grant in the amount of $255,186
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OCALA’S RELEVANT STRATEGIC GOALS:
Fiscally Sustainable, Quality of Place
PROOF OF PUBLICATION:
N/A
body
BACKGROUND:
The City of Ocala is a participating jurisdiction in the Marion County HOME Consortium. It receives an annual allocation of HOME Investment Partnership Program (HOME) funds to create and sustain affordable housing units, assist first-time home buyers, and support other eligible housing activities for low- to moderate-income households in the City of Ocala. The U.S. Housing and Urban Development guidelines, including encumbrance and expenditure deadlines, govern the funds.
FINDINGS AND CONCLUSIONS:
An award letter from the Marion County Board of County Commissioners acknowledging the City’s funding of $255,186 for Fiscal Year 2025-2026 was received on March 4, 2026. Staff recommends approval.
FISCAL IMPACT:
SOURCE:
001-331-000-000-09-33152 HOME Grant $255,186
USE:
001-050-500-554-55-12020 Admin Salaries & Wages $ 14,000
001-050-500-554-55-21010 Admin FICA $ 1,100
001-050-500-554-55-22012 Admin Retirement $ 1,200
001-050-500-554-55-23010 Admin Health & Life Insurance $ 1,400
001-050-500-554-55-23030 Admin Long-term Disability $ 52
001-050-501-554-55-34010 Other Services-Rehabilitation $237,434
Total $255,186
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
N/A
ALTERNATIVE:
• Adopt with Changes
• Table
• Deny
BUDGET RESOLUTION 2026-133
A RESOLUTION AMENDING THE FISCAL YEAR 2025-26 BUDGET TO ACCEPT AND APPROPRIATE FUNDING FOR THE CITY OF OCALA'S HOME PROGRAM IN THE AMOUNT OF $255,186
WHEREAS, the 2025-26 HOME award letter was received on March 4, 2026, from the Marion County Board of County Commissioners; and
WHEREAS, the City was appropriated funding for Fiscal Year 2025-26 from the U.S. Department of Housing and Urban Development (HUD) through the Marion County Consortium to improve neighborhoods and provide decent housing with a special focus on serving low- and moderate-income persons; and
WHEREAS, the City was appropriated funds for Fiscal Year 2025-26 in the amount of $255,186 from Marion County for the HOME program.
NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF OCALA, FLORIDA, duly assembled in regular session, that the Fiscal Year 2025-26 budget be amended as outlined below to appropriate $255,186 to carry out activities as outlined by HUD.
SOURCE:
001-331-000-000-09-33152 HOME Grant $255,186
USE:
001-050-500-554-55-12020 Admin Salaries & Wages $ 14,000
001-050-500-554-55-21010 Admin FICA $ 1,100
001-050-500-554-55-22012 Admin Retirement $ 1,200
001-050-500-554-55-23010 Admin Health & Life Insurance $ 1,400
001-050-500-554-55-23030 Admin Long-term Disability $ 52
001-050-501-554-55-34010 Other Services-Rehabilitation $237,434
Total $255,186
This resolution adopted this 7th day of April 2026.
ATTEST: CITY OF OCALA
By: By:
Angel B. Jacobs Ire Bethea, Sr.
City Clerk President, Ocala City Council
Approved as to form and legality:
By: _________________________________
William E. Sexton
City Attorney
Reviewed for accounting accuracy & completeness:
By: _________________________________
Peter A. Lee
City Manager