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HomeMy WebLinkAbout~Master - Resolution authorizing the use of unallocated and reserved FY 2025/26 Analysis of Social Services Evaluation Team fundsRESOLUTION NO. 25-526 RESOLUTION AUTHORIZING THE USE OF UNALLOCATED AND RESERVED FY 2025/26 ANALYSIS OF SOCIAL SERVICES EVALUATION TEAM FUNDS FOR THE CITY OF AMES, IOWA WHEREAS, in June 2025, the City Council approved the last rounds of FY 2025/26 Analysis of Social Services Evaluation Team (ASSET) contracts. In total, there are 25 local nonprofit partners with contracts, and the amount of City funds contracted is $1,874,734; and, WHEREAS, in late spring 2025, the City Council, per the recommendation of the ASSET Board, also approved designating $49,844 as unallocated ASSET funds to meet basic needs that may later arise. The City Council also reserved an additional $96,229 for continuous improvement and housing initiatives. To date, none of the undesignated funds or the reserved amount have been expended ; and, WHEREAS, staff has requested authorization to use part of the unallocated ASSET funds as follows: * undesignated, unallocated dollars can be distributed at a later time to an ASSET agency as needs arise in the community. ** Reserved funds are intended to be used for continuous improvement and housing needs. These funds can also be used to implement recommendations from the homelessness study report. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that requests 1-6 as outlined above, leaving $39,844 remaining as undesignated, unallocated ASSET dollars, and $45,818.41 remaining as ASSET reserved funds for FY2025/26, are hereby approved. ADOPTED THIS 14th day of October, 2025. _______________________________ _________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Gartin Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 14th day of October, 2025.