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Fiscal Impact

A fiscal note shows the financial impact of a given legislative action.
Minnesota State Historic Preservation Office Certified Local Government (CLG) grant for Washburn - Fair Oaks Historic District - Fiscal Note

No
Community Planning & Economic Development
01300-8900520
Yes
Jul 1, 2022 - Jul 31, 2023
$20,000
00100-8900520
The City will not continue the project once the grant period has ended. The grant will be used to fund a specialized project that is expected to be complete by the time the grant period expires.
There are no new FTEs associated with this grant. Current FTEs in CPED will donate time to coordinate the grant. The additional $20,000 CPED will provide as a match will be used to hire a consultant to update the locally-designated Washburn-Fair Oaks Historic District Design Guidelines.
BUDGET IMPACT
List of revenues and expenditures related to this request
Request Financing 2022 2023 2024 2025 2026
Revenue Sources
CLG Grant $30,000
Total Revenues $30,000 $0 $0 $0 $0
Expenditures
CLG Grant $30,000
Total Expenditures $30,000 $0 $0 $0 $0
Net Budgetary Impact (Revenue-Exp.) $0 $0 $0 $0 $0
Not Applicable
Not Applicable