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BROWARD COUNTY · LOCALlocal legislationAgenda Ready
Local Impact

Broward County Housing Trust Fund Budget Adjustment

Original title: MOTION TO ADOPT budget Resolution within the Broward County State Housing Initiatives Partnership (“SHIP”) Program Local Housing Assistance Trust Fund (“Trust Fund”) to appropriate, recognize, and implement unanticipated SHIP Program Income revenue in the amount of $1,028,649 generated during Fiscal Year 2024-2025, and to authorize the County Administrator to take any necessary administrative and budgetary actions to implement same.

Record date · May 12, 2026

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What This Bill Does

Broward County is moving to formally recognize and allocate $1,028,649 in unexpected revenue generated by the State Housing Initiatives Partnership (SHIP) program during the 2024-2025 fiscal year. This resolution authorizes the County Administrator to manage the administrative and budgetary steps required to put these funds to use.

Why it matters

This action makes $1,028,649 in additional housing program funds available for county use, which will be managed by the County Administrator for housing-related initiatives.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Broward County residents

Residents eligible for housing assistance programs may be affected by the availability of these additional funds.

Directly affected

County Administrator

The Administrator is tasked with the administrative and budgetary implementation of the new funding.

Key Facts

  • The resolution appropriates $1,028,649 in unanticipated revenue into the Local Housing Assistance Trust Fund.
  • The revenue was generated by the SHIP program during the 2024-2025 fiscal year.
  • The County Administrator is granted authority to perform all administrative and budgetary actions necessary to implement the use of these funds.
  • The item is classified as a 'Consent Item' under file number 26-292.
Show all 5 facts
  • The proposal was introduced by the Housing and Urban Planning Division of the Public Works and Environmental Services department on March 17, 2026.

Frequently Asked Questions

Where did this extra $1 million come from?
The funds are 'unanticipated Income' generated by the State Housing Initiatives Partnership program during the 2024-2025 fiscal year.
What will this money be used for?
The resolution authorizes the appropriation of the funds into the Local Housing Assistance Trust Fund, which supports housing initiatives managed by the county.

What else do you want to know?

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financial connection90% confidence

Unanticipated Revenue Recognition

The document highlights the county's process for incorporating 'unanticipated' program income into the existing budget cycle.

Broward CountyState Housing Initiatives Partnership

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy5
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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