Ogden hopes to adjust budget to secure more federal funds

OGDEN — The city administration is recommending several changes to a pair of budget plans that will increase funds for the revitalization of Ogden.

To receive federal funds for neighborhood and economic development programs, the city is required to submit a Consolidated Plan, which is updated every five years, and an annual Action Plan and budget that indicates how federal funding will be used during each year.

For fiscal year 2012, the city administration is recommending funding increases that will result in a net change of $1,510,149 in expenditures.

More funds will be given to the following:

• The infill housing program, which aims to construct housing on vacant lots in areas surrounded by housing developments.

• A loan loss guaranty program, which leverages grants to secure loans for new small businesses.

• The East-Central Revitalization Program, which aims to improve Ogden’s East-Central area.

Funding increases were made to several smaller programs as well.

The plan also includes several nonmonetary changes, such as broadening the scope of the city’s Central Business District Infill Program, which redefines the program as one that will assist projects that encourage capital development, business expansion and job retention.

The council has set a public hearing for the proposed changes to the two plans, to be held March 20 during the regular city council meeting at the Ogden City Municipal Building, 2549 Washington Blvd.

The plans are available for public review at the municipal building until March 16.

 

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