SAMPLE CONSTRUCTION BUDGET FOR HOME OR CDBG FUNDS Agency

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SAMPLE CONSTRUCTION BUDGET FOR HOME OR CDBG FUNDS Agency Name OCED FY 2008 January 1, 2008 – December 31, 2008 SUB OBJECT Personnel expenses are not allowable for construction related projects. DESCRIPTION 01 Personnel Executive Director Housing Assistant FICA/MICA HOME or CDBG AMOUNT $0 $0 $0 $0 $10,000 $0 $1,000 $1,000 $1,000 $5,000 $25,000 $7,000 $5,000 $5,000 $10,000 $70,000 $0 $0 $0 $0 $0 $0 $0 $75,000 $5,000 $5,000 $2,000 $0 $0 $10,000 $13,000 $20,000 $130,000 OTHER AMT TOTAL AMT Total Personnel $23,077 $0 $1,883 $24,960 $0 $3,600 $0 $0 $0 $0 $0 $0 $0 $0 $0 $3,600 $7,400 $1,000 $8,400 $1,400 $5,000 $12,000 $18,400 $0 $0 $0 $0 $0 $5,000 $0 $0 $0 $5,000 $23,077 $0 $1,883 $24,960 $10,000 $3,600 $1,000 $1,000 $1,000 $5,000 $25,000 $7,000 $5,000 $5,000 $10,000 $73,600 $7,400 $1,000 $8,400 $1,400 $5,000 $12,000 $18,400 $75,000 $5,000 $5,000 $2,000 $0 $5,000 $10,000 $13,000 $20,000 $135,000 20 Contractual Services 21010 23210 23220 23620 61613 21030 21420 24421 21210 31420 Operating expenses are not allowable for construction related projects. Commodity expenses are not allowable for construction related projects. Audit External Accounting Services General Liability Insurance Auto Liability Other Insurance Expense: Builders Risk Flood Title Insurance Construction Manager (Consultant) Appraisal & Surveying Services Property Maintenance Attorney’s Fees Marketing Total Contractual 30 Operating Expenses Electric/Telephone Water & Sewer Services Total Operating Expenses 40 Commodities Office Supplies Office Equipment Rent Total Commodities 90 Capital Outlay 91090 91012 91021 91111 94210 32250 61626 26250 Purchase Price of Land Environmental Site Preparation Fence Installation Prime Contractor - Construction Property Taxes Building Permits Architect Fees Impact Fees Total Capital Outlay TOTALS OTHER FUNDING SOURCES (Non-OCED) ABC Grant First Bank Loan Total $30,000 $30,360 $60,360 $200,000 $60,360 $260,360

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