Approve Request for Appropriation Modification No. 134 – $90,000 increasing revenue and expenditures in the Office of the County Executive budget, relating to independent program evaluation and participant financial mentoring for the basic income pilot program. (4/5 Vote)

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FISCAL IMPLICATIONS

The recommended action will have no net impact on the County’s General Fund. The one-time revenue and expenditure allocation of $90,000 willfurther the program in accordance with the grants.REASONS FOR RECOMMENDATIONAs part of the Board action to implement the Basic Income Pilot program for Transition-Aged Youth, Administration was directed to seek public private partnerships and private foundation funding. The recommended action will allow the Office of the County Executive to accept $90,000 from the Silicon Valley Community Foundation and Tipping Point. $54,000 will be allocated to the independent program evaluation. This will enhance the County’s $36,000 allocation […]

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