Fiscal Impact
A fiscal note shows the financial impact of a given legislative action.
MPHA Scattered Site Family Housing Expansion Project Deferred Loan Request - Fiscal Note
Yes
Community Planning & Economic Development
01330 & 01SCI
Yes
July 1, 2022 - December 31, 2024
No
NA
The City commits to ongoing monitoring of the project.
1. This project will close on its financing in 2022.
2. This project will receive a deferred loan from blended ARPA and general funds.
BUDGET IMPACT
List of revenues and expenditures related to this request
| Request Financing | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue Sources | |||||
| ARPA | $4,000,000 | ||||
| General Funds | $1,800,000 | ||||
| Total Revenues | $5,800,000 | $0 | $0 | $0 | $0 |
| Expenditures | |||||
| ARPA | $4,000,000 | ||||
| General Funds | $1,800,000 | ||||
| Total Expenditures | $5,800,000 | $0 | $0 | $0 | $0 |
| Net Budgetary Impact (Revenue-Exp.) | $0 | $0 | $0 | $0 | $0 |
Not Applicable
Not Applicable