HomeMy WebLinkAbout~Master - Approving the City's unallocated funds in the amount of $49,844 for FY 2025/26 for meeting basic needsRESOLUTION NO. 25-265
RESOLUTION APPROVING THE CITY’S UNALLOCATED ASSET FUNDS
FOR THE CITY OF AMES, IOWA
WHEREAS, in addition to the $1,874,734 of recommended agency allocations
(including the three agencies where funds were sequestered), there is an additional
$49,844 of City funding that is unallocated for FY 2025/26. The ASSET Board is
recommending these unallocated funds be reserved for basic needs, including, but not
limited to, housing, food insecurity, or childcare. This unallocated amount does not include
the $96,229 in City funds earmarked for continuous improvement and housing.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames,
Iowa, that designating the City’s unallocated ASSET funds in the amount of $49,844 for
meeting basic needs is hereby approved.
ADOPTED THIS 27th day of May, 2025.
_______________________________ _________________________________
Renee Hall, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Rollins
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 27th day of May, 2025.