2-03 - Attachment B - Budget Worksheet Form.xlsx

This is a Program Budget Worksheet Form issued by the City of Dallas Office of Housing and Community Empowerment for the Financial Empowerment Centers – Drivers of Poverty/Drivers of Opportunity Program, which is funded through Community Development Block Grant (CDBG) monies. The form establishes the budget structure for nonprofit organizations selected as subrecipients to provide professional financial counseling services, operate as Dallas Financial Empowerment Center hub sites, deliver FEC services at city-owned co-locations, and offer financial literacy programming to Dallas residents. The program targets very low to moderate-income households and seeks to facilitate sustained household financial stability by integrating services into existing social service delivery models through partnerships and collaborations. The contract term is one year, with funding contingent upon City Manager recommendation, City Council approval, and U.S. Department of Housing and Urban Development approval of the City's Annual Action Plan and grant agreement execution.

The budget worksheet requires applicants to submit separate Year 1 and Year 2 budgets detailing direct costs (salaries and benefits for direct service staff, supplies and equipment under $5,000 per unit, mileage and travel at current federal rates, and other allowable costs) and administrative costs, which cannot exceed 10 percent of the total budget amount. Applicants must provide a comprehensive Budget Narrative justifying all expenditures, including job responsibilities and position titles for all staff associated with the program budget, reasonable cost basis for supplies, and allocation basis explanations for overhead expenses. All mileage and travel costs must be calculated using current federal rates. Funding is provided through CDBG sources, and the applicant must clearly delineate the amount requested from the City against any other funding sources, with corresponding percentages for each funding source identified.