SUBSTITUE
Public Hearing: YES ☐ NO ☒ Department: Board of Commissioners - District 7
SUBJECT:
Title
Commission District(s): District 7
To Appropriate A Total of $15,000 From The District 7 Reserve For Appropriation To Operation HOPE
Body
Information Contact: Lorraine Cochran-Johnson, District 7 Commissioner
Phone Number: 404-371-2899
PURPOSE:
To appropriate District 7 reserves in the amount of $15,000 to Operation HOPE to assist with funding the HOPE Inside program in DeKalb County.
NEED/IMPACT:
The $15,000 appropriation to Operation HOPE, a 501 (c) 3, will be used to assist with the ongoing services provided by the HOPE Inside Program in DeKalb County, an award-winning model of community uplift and financial dignity. DeKalb County residents and employees will be provided with free services, resources, workshops, and trainings led by financial well-being coaches to increase home ownership, small business development, and credit and money management. The program will offer free consumer credit counseling and the HOPE-700-Credit-Score-Communities Initiative to raise client credit scores.
FISCAL IMPACT:
Increase appropriation for the following account by the amount indicated below:
Non-Departmental - Unincorporated Fund - Other Miscellaneous Payments (09130.573099.272.0000.0000) - $15,000
Decrease appropriation for the following account by the amount indicated below:
Non-Departmental - Unincorporated Fund - Reserve for Appropriation (09130.579002.272.0000.0000) - $15,000
RECOMMENDATION:
Recommended Action
To approve the resolution and authorize the chief executive officer to execute all necessary documents.