HomeMy WebLinkAbout~Master - Approval of Unallocated ASSET Funds for FY 2024/25 RESOLUTION NO. 24-316
RESOLUTION APPROVING THE CITY'S UNALLOCATED ASSET FUNDS
FOR THE CITY OF AMES,IOWA
WHEREAS, in addition to the $1,780,999 of recommended Analysis of Social Services
Evaluation Team (ASSET) allocations, there is an additional $143,579 of City ASSET funding
that is unallocated for FY2024/25; and,
WHEREAS,the ASSET Board recommended that of the total unallocated funds, $117,322
be reserved for emergency shelter needs that may arise during FY2024/25; $6,000 of the
unallocated funds be reserved for Housing Service Coordination needs that may arise during
FY2024/25; and$20,257 remain unallocated and not be reserved for any specific service(s)so that
these monies can be used for any ASSET funded need(s) that may arise in FY2024/25.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the City's total unallocated ASSET funds ($143,579) for FY2024/25 where: $117,322 is
reserved for needs that may arise for emergency shelter services; $6,000 is reserved for needs that
may arise for housing service coordination services; and, $20,257 remain undesignated for any
ASSET-related service need(s)that may arise in FY2024/25 are hereby approved.
ADOPTED THIS 1 lth day of June, 2024.
6 W- �e e�
Renee Nall, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Corrieri
Voting aye: Betcher, Beatty-Hansen, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 1 lth day of June, 2024.