Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget And Grants topic
No spam. Unsubscribe anytime.
Finance Committee reviews CAPER for CDBG/HOME and year-end budget adjustments
Summary
The Lynchburg Finance Committee reviewed the draft CAPER for the CDBG, HOME and CARES Act funds and held its routine year-end and early-FY26 budget true-ups, including possible use of the city's health-claims reserve.
The Lynchburg City Council Finance Committee on Sept. 23 heard a presentation on the draft program year 2024 (fiscal year 2025) Consolidated Annual Performance and Evaluation Report (CAPER) for the Community Development Block Grant (CDBG), the HOME program and CARES Act CDBG funds.
Grants administration staff said the report summarizes accomplishments for projects funded by the council and covers expenditures made between July 1, 2024, and June 30, 2025. A public notice was published Sept. 5 and the CAPER will come before the full council in a public hearing that night.
The committee then reviewed routine year-end (fourth-quarter FY25) and early FY26 (first-quarter) budget adjustments, which staff said are typical at this time of year to carry forward unfinished projects and to appropriate late-arriving state and grant revenues. Items discussed included: the registrar and electoral board overspending related to the presidential election (about $103,000), local matches for social-service program revenues (about $9,000), a local match transfer for the sheriff's Byrne-JAG equipment grant, grant true-ups across the grant, federal and state aid funds, and appropriations to capital-project funds for highway maintenance.
Staff said the general fund will pay up to $1,500,000 from the health-claims reserve to cover FY25 health claims that exceeded budget; early reports suggest the actual amount may be closer to $750,000. Committee members asked about the "city payroll agency fund," which staff described as a restricted holding account used to collect employee premium payments and the employer share and to pay claims; it is not an appropriated internal-service fund.
Other adjustments noted: a previously unappropriated state construction grant that funded school construction (largely E.C. Glass) and was spent by June 30, 2025; appropriation rescinds tied to Kiwanis Club donations where the club instead purchased equipment and gifted it to the city; carryforwards for fleet vehicle purchases; and capital-project revenue additions, including a reported $13,370,000 Smart Scale award and other state and VDOT awards and adjustments. Staff said detailed line-item information is in attachments A and B in the committee packet and that the first- and fourth-quarter true-ups will be the subject of public hearings at the full council meeting.
Members asked clarifying questions about specific line items and the timing of appropriations; no committee vote was required on the CAPER presentation and staff advised that the CAPER item will be considered at the public hearing before full council.
