IURA Neighborhood Investment Committee

108 E. Green St. Ithaca, NY 14850 (607) 274-6565 AGENDA IURA Neighborhood Investment Committee (NIC) 8:30 am, Friday, August 13, 2021 Common Council Chambers 108 E. Green Street, 3rd Floor, Ithaca, NY Masking is required while in City Hall, regardless of vaccination status I. Call to Order II. Changes/Additions to Agenda III. Public Comment IV. Review of Minutes – tabled until September V. New Business A. Action Item - Resolution - HOME-ARP Funds for Continuum of Care Strategic Action Plan B. Discussion 1. Updates on selected funded activities 2. Committee Member requests for future presenters, interest items, and updates VI. Other Business A. IURA Grant Summary B. Staff Report VII. Motion to Adjourn If you have a disability and require accommodation in order to fully participate, please contact the CITY OF ITHACA CLERK’S OFFICE at 274-6570 at least 72 business hours prior to the meeting. HOME ARP - Who is to be served? Eligible Populations HOME-ARP funds must be used to primarily benefit individuals or families from the following qualifying populations: ● Homeless*, as defined in section 103(a) of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11302(a)); ● At-risk of homelessness*, as defined in section 401(1) of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11360(1)); ● Fleeing, or attempting to flee, domestic violence, dating violence, sexual assault, stalking, or human trafficking, as defined by the Secretary; ● In other populations where providing supportive services or assistance under section 212(a) of the Act (42 U.S.C. 12742(a)) would prevent the family’s homelessness or would serve those with the greatest risk of housing instability; ● Veterans and families that include a veteran family member that meet one of the preceding criteria. *See “McKinney-Vento Definitions,” next page. McKinney-Vento Definitions of Homelessness Section 103(s) defines a “homeless individual” as Section 401(1) “At risk of homelessness” means that an someone who individual or family ● has income below 30 percent of median income for ● lacks fixed, regular nighttime residence, or the geographic area; ● whose primary nighttime residence is a) a shelter, b) ● has insufficient resources immediately available to attain housing stability; and an institution intended to provide temporary ○ has moved frequently because of economic residence (excluding incarceration), or c) a place not reasons; designed for or generally used for a sleeping ○ is living in the home of another because of accommodations for human beings economic hardship; ○ has been notified of eviction; ○ lives in a hotel or motel; ○ lives in severely overcrowded housing; ○ is exiting an institution; or ○ otherwise lives in housing that has characteristics associated with instability and an increased risk of homelessness. HOME ARP - What are eligible activities? Eligible Activities HOME-ARP funds can be used for four eligible activities: ● Production or Preservation of Affordable Housing ● Tenant-Based Rental Assistance (TBRA) ● Supportive Services*, including services defined at 24 CFR 578.53(e), Homeless Prevention Services, and Housing Counseling ● Purchase and Development of Non-Congregate Shelter. These structures can remain in use as non-congregate shelter or can be converted to: 1) emergency shelter under the Emergency Solutions Grants (ESG) Program; 2) permanent housing under the Continuum of Care (CoC) Program; or 3) affordable housing under the HOME Program. *See “McKinney-Vento Eligible Supportive Services,” next page. McKinney - Vento Eligible Supportive Services (A) the establishment and operation of a child care services program for homeless families (B) employment assistance/job training program (C) outpatient health services, food, and case management (D) assistance in obtaining permanent housing, employment counseling, and nutritional counseling; (E) the provision of outreach services, advocacy, life skills training, and housing search/ counseling services; (F) the provision of mental health services, trauma counseling, and victim services; (G) the provision of assistance in obtaining other Federal, State, and local assistance available for residents of supportive housing (including mental health benefits, employment counseling, and medical assistance, but not including major medical equipment); (H) the provision of legal services for purposes including requesting reconsiderations and appeals of veterans and public benefit claim denials and resolving outstanding warrants that interfere with an individual's ability to obtain and retain housing; (I) the provision of transportation services that facilitate an individual's ability to obtain and maintain employment; and health care; and other supportive services necessary to obtain and maintain housing. HOME-ARP: Further Details ● City of Ithaca’s HOME-ARP Award = $1,211,929 ● Allowable Administration & Planning costs (15%) = $181,789 ● Timeline ○ Communities conduct planning activities: Summer - early Fall 2021 ○ HUD finalizes and releases HOME-ARP regulations: Fall 2021 (TBD) ○ Communities submit plans for HOME-ARP funds: December 2021 ○ HUD releases funds for approved plans: Early 2022 ○ Deadline for completion of all activities: September 30, 2030 Proposed Resolution IURA Neighborhood Investment Committee August 13, 2021 HOME-ARP: Continuum of Care Strategic Action Plan WHEREAS, the U.S. Congress approved and President Biden signed into law the American Rescue Plan Act (“ARP” or “ARPA”) on March 11, 2021 for the purpose of providing stimulus to speed America’s recovery from the health and economic effects of the COVID-19 global pandemic, and WHEREAS, ARPA provides $5 billion for the HOME Investment Partnership Program American Recovery Plan (“HOME-ARP”), to be administered by the U.S. Department of Housing and Urban Development (HUD) to provide funding to HOME Participating Jurisdictions to reduce homelessness and increase housing stability, and WHEREAS, HUD has notified the City of Ithaca of a one-time allocation of HOME-ARP funds in the amount of $1,211,929, and WHEREAS, the Participating Jurisdiction may utilize up to 15% of HOME-ARP funds for administration and planning activities, and WHEREAS, the City has contracted with the Ithaca Urban Renewal Agency (IURA) to administer, implement and monitor the City’s HUD Entitlement program in compliance with all applicable regulations, and WHEREAS, the Human Services Coalition of Tompkins County (HSC) is the lead agency of the Ithaca/Tompkins County Continuum of Care (CoC) that coordinates the local homeless response system and WHEREAS, the HSC seeks to engage consulting services to develop a CoC strategic action plan to identify and prioritize the most impactful actions and investments in facilities and services to address homelessness and housing instability, and WHEREAS, Tompkins County has indicated interest in partnering with the City to provide funding to the HSC to develop a CoC Strategic Action Plan, and WHEREAS, a planning activity is an eligible use of HOME-ARP and HOME funds, and WHEREAS, yet-to-issued final HOME-ARP implementation regulations are anticipated to require PJs to submit a HOME-ARP allocation plan as a substantial amendment to the 2021 Action Plan, and WHEREAS, the HOME-ARP allocation plan will require identification of unmet needs and gaps in the homeless response system and proposed use of HOME-ARP funds to address unmet needs, and WHEREAS, the IURA Neighborhood Investment Committee considered this matter at their August 13, 2021, meeting and recommended the following action; now, therefore, be it RESOLVED, that the IURA hereby allocates up to $10,000 to procure of independent consultant services to prepare a CoC Strategic Action Plan, and be it further RESOLVED, that IURA Chair is hereby authorized, upon review of IURA legal counsel, to execute an agreement with the Human Services Coalition of Tompkins County to secure professional consulting services legal services to prepare a CoC Strategic Action Plan, and be it further, and be it further RESOLVED, that the source of such funds shall be derived from the following sources in the following rank order of preference: 1. Funding request to City of Ithaca for ARPA Local Fiscal Recovery Funds 2. City of Ithaca HOME-ARP award 3. 2021 HOME award, and be it further, RESOLVED, that such funding is contingent upon a match of at least $10,000 from Tompkins County for the purpose of supporting the CoC’s strategic action plan.  IURA Grants Summary June 2021 ON PROGRAM TRANSFERS TRANSFERS TOTAL Entitlement Funds PI TOTAL # SCHEDULE HUD ENTITLEMENT ACTIVITIES SPONSOR BUDGET INCOME IN OUT BUDGET EXPENDED UNEXPENDED UNEXPENDED UNEXPENDED % SPENT 2018 CDBG Activities 6002 complete 1.0 Neighbor to Neighbor Home Rehab14 Love Knows No Bounds 40,000.00 0.00 0.00 29,753.00 10,247.00 10,247.00 0.00 0.00 0.00 100% 6003 complete 2.0 Chartwell House Tompkins Community Action 75,000.00 125,000.00 0.00 125,000.00 75,000.00 75,000.00 0.00 0.00 0.00 100% 6004 complete 8.0 Ramp Loan Program FLIC 22,740.00 2,260.00 0.00 0.00 25,000.00 25,000.00 0.00 0.00 0.00 100% 6005 complete 9.0 Mini Repair INHS 32,500.00 0.00 0.00 0.00 32,500.00 32,500.00 0.00 0.00 0.00 100% 6006 complete 11.0 Hospitality Employment Training Program GIAC 110,000.00 0.00 0.00 0.00 110,000.00 110,000.00 0.00 0.00 0.00 100% 6007 complete 13.0 Volunteer Worker & Job Skill Training Finger Lakes ReUse, Inc. 40,300.00 31,500.00 0.00 0.00 71,800.00 71,800.00 0.00 0.00 0.00 100% 6008 complete 14.0 Work Preserve Job Training Historic Ithaca 66,760.00 740.00 0.00 2,607.89 67,500.00 67,500.00 0.00 0.00 0.00 100% 6009 complete 16.0 Targeted Urban Bus Stop Upgrades14 TCAT 13,500.00 0.00 0.00 6,705.50 6,794.50 6,794.50 0.00 0.00 0.00 100% 6010 complete 19.0 Immigrant Services Catholic Charities 30,000.00 0.00 0.00 0.00 6,705.50 6,705.50 0.00 0.00 0.00 100% 6011 complete 20.0 Work Preserve Job Readiness Historic Ithaca 20,000.00 0.00 0.00 0.00 20,000.00 20,000.00 0.00 0.00 0.00 100% 6012 complete 21.0 2-1-1 Info and Referral Human Services Coalition 20,000.00 0.00 0.00 0.00 20,000.00 20,000.00 0.00 0.00 0.00 100% 6013 complete 22.0 Housing For School Success Year #3 Ithaca City School District (ICSD) 27,005.00 0.00 0.00 0.00 27,005.00 27,005.00 0.00 0.00 0.00 100% 6014 complete 23.0 CDBG Admin IURA 137,214.00 0.00 0.00 0.00 137,214.00 137,214.00 0.00 0.00 0.00 100% 6015 complete 25.0 Economic Development Loan Fund IURA 26,052.00 0.00 125,000.00 0.00 151,052.00 151,052.00 0.00 0.00 0.00 100% 7 6016 complete 17.0 Final Phase: Heating & Roofing DICC 0.00 0.00 29,300.00 0.00 29,300.00 29,300.00 0.00 0.00 0.00 100% 7, 14 6017 complete 18.0 Domestic Violence Center Renovation Advocacy Center 0.00 500.00 9,460.72 1,601.72 8,359.00 8,359.00 0.00 0.00 0.00 100% ok Unallocated 2018 CDBG5, 14 N/A 25,000.00 0.00 40,668.11 27,607.85 38,060.26 0.00 38,060.26 0.00 38,060.26 N/A Total 686,071.00 160,000.00 204,428.83 193,275.96 836,537.26 798,477.00 38,060.26 0.00 38,060.26 95% 2018 HOME Activities 8002 complete 3.0 402 South Cayuga Street INHS 150,000.00 0.00 0.00 0.00 150,000.00 150,000.00 0.00 0.00 0.00 100% 2 8003 complete 4.0 Housing Scholarship Program The Learning Web 65,592.00 8,886.25 0.00 8,886.25 65,592.00 65,592.00 0.00 0.00 0.00 100% 6,2 8004 complete 5.0 Security Deposit Assistance Catholic Charities 18,250.00 6,255.00 29,995.00 6,250.00 48,250.00 48,250.00 0.00 0.00 0.00 100% 6 8004a complete 6.0 Security Deposit Inspections TCA 1,058.00 0.00 1,442.00 0.00 2,500.00 2,500.00 0.00 0.00 0.00 100% 8005 ok 7.0 INHS Scattered Site 2 (CHDO) 6 IURA 0.00 0.00 100,000.00 0.00 100,000.00 99,561.00 439.00 0.00 439.00 99% 6, 8 8006 complete 10.0 Additional Reserve (CHDO) TBD 97,022.70 0.00 2,351.78 99,374.48 0.00 0.00 0.00 0.00 0.00 N/A 8007 complete Home Admin IURA 36,880.30 0.00 0.00 0.00 36,880.30 36,880.30 0.00 0.00 0.00 100% 2, 4 ok 2018 HOME Unallocated N/A 0.00 0.00 15,891.14 12,729.74 3,161.40 0.00 3,161.40 0.00 3,161.40 N/A Total 368,803.00 15,141.25 149,679.92 127,240.47 406,383.70 402,783.30 3,600.40 0.00 3,600.40 99% 2019 CDBG Activities 6022 ok 1.0 Homeowner Rehab INHS 67,594.32 0.00 0.00 0.00 67,594.32 23,093.00 44,501.32 0.00 44,501.32 34% 6023 ok 2.0 Small Repair Program INHS 21,110.00 0.00 11,390.00 0.00 32,500.00 28,232.70 4,267.30 0.00 4,267.30 87% 6024 ok 6.0 Finger LakesReUse Job Skills Training Finger Lakes ReUse, Inc. 95,529.00 0.00 0.00 0.00 95,529.00 89,492.69 6,036.31 0.00 6,036.31 94% 6025 completed 7.0 Work Preserve Job Training Historic Ithaca 67,500.00 0.00 0.00 0.00 67,500.00 67,500.00 0.00 0.00 0.00 100% 6026 ok 8.0 Hospitality Employment Training Program GIAC 110,725.28 0.00 0.00 0.00 110,725.28 55,928.70 54,796.58 0.00 54,796.58 51% 6027 complete 9.0 Ithaca ReUse Center Acquisition Finger Lakes ReUse, Inc. 100,000.00 0.00 0.00 0.00 100,000.00 100,000.00 0.00 0.00 0.00 100% 6028 complete 10.0 Economic Development Loan Fund IURA 0.00 107,000.00 396.99 0.00 107,396.99 107,396.99 0.00 0.00 0.00 100% 6029 ok 11.0 Black Girl Alchemists Public Art Mosaic CAP 7,500.00 0.00 0.00 0.00 7,500.00 6,096.42 1,403.58 0.00 1,403.58 81% 6030 complete 12.0 Housing For School Success Beverly J. Martin Elem 15,700.00 0.00 0.00 0.00 15,700.00 15,700.00 0.00 0.00 0.00 100% 6031 complete 13.0 2-1-1 Human Services Coalition 0.00 0.00 15,000.00 0.00 15,000.00 15,000.00 0.00 0.00 0.00 100% 6032 complete 14.0 Work Preserve: Job Readiness9 Historic Ithaca 20,000.00 2,599.00 0.00 2,599.00 20,000.00 20,000.00 0.00 0.00 0.00 100% 6033 complete 15.0 A Place To Stay Catholic Charities 20,000.00 0.00 0.00 0.00 20,000.00 20,000.00 0.00 0.00 0.00 100% 6034 complete 16.0 Immigrant Services Catholic Charities 25,059.00 0.00 0.00 0.00 25,059.00 25,059.00 0.00 0.00 0.00 100% 6035 complete 17.0 CDBG Admin IURA 137,679.40 0.00 0.00 0.00 137,679.40 137,679.40 0.00 0.00 0.00 100% 2019 CDBG Unallocated9 IURA 0.00 0.00 2,599.00 0.00 2,599.00 0.00 2,599.00 0.00 2,599.00 0% Total 688,397.00 109,599.00 29,385.99 2,599.00 824,782.99 711,178.90 113,604.09 0.00 113,604.09 86% 2019 HOME Activities 8011 ok 1.0 Homeowner Rehab17 INHS 42,151.58 10,370.40 0.00 10,370.40 42,151.58 38,505.40 3,646.18 0.00 3,646.18 91% 8012 ok 3.0 Founders Way Rental INHS 98,668.22 0.00 101,231.78 0.00 199,900.00 0.00 199,900.00 0.00 199,900.00 0% 8013 ok 4.0 Housing Scholarship Program The Learning Web 70,560.00 3,230.50 0.00 3,230.50 70,560.00 37,957.02 32,602.98 0.00 32,602.98 54% 8014 ok 5.0 Security Deposit Assistance-Vulnerable Households3, 11 Catholic Charities 63,995.00 1,951.00 5.00 1,951.00 64,000.00 48,239.30 15,760.70 0.00 15,760.70 75% 8015 complete 18.0 HOME Admin IURA 30,597.20 0.00 0.00 0.00 30,597.20 30,597.20 0.00 0.00 0.00 100% 10 complete Home Admin (PI) IURA 0.00 849.10 0.00 0.00 849.10 849.10 0.00 0.00 0.00 100% 3, 11, 17 2019 HOME Unallocated 0.00 0.00 15,551.90 0.00 15,551.90 0.00 15,551.90 0.00 15,551.90 0% Total 305,972.00 16,401.00 116,788.68 15,551.90 423,609.78 155,298.92 267,461.76 0.00 267,461.76 37% 2019 CDBG-CV Activities ok 10.0 CD-RLF #46: COVID-19 Emergency SBRF AFCU 0.00 140,000.00 0.00 0.00 140,000.00 77,400.00 0.00 62,600.00 62,600.00 55% 6039 ok 19.0 Emergency Rental Assistance Program INHS 190,000.00 0.00 0.00 0.00 190,000.00 108,336.90 81,663.10 0.00 81,663.10 57% 6040 ok 20.0 CDBG-CV Admin IURA 80,324.80 0.00 0.00 0.00 80,324.80 58,444.64 21,880.16 0.00 21,880.16 73% 6041 ok 21.0 Laundry & Internet Needs During COVID-19 OAR of Tompkins County 11,000.00 0.00 0.00 0.00 11,000.00 4,051.97 6,948.03 0.00 6,948.03 37% Child Development Council of Central ok 6042 22.0 Ithaca CARES About Re-opening Child Care NY, Inc. 10,000.00 0.00 0.00 0.00 10,000.00 5,445.79 4,554.21 0.00 4,554.21 54% 6043 ok 23.0 Aid for Immigrants During COVID-19 Catholic Charities 10,879.00 0.00 0.00 0.00 10,879.00 10,865.92 13.08 0.00 13.08 99.8% 6044 complete 24.0 DICC Child Care Center Re-Opening Assistance DICC 25,600.00 0.00 0.00 0.00 25,600.00 25,600.00 0.00 0.00 0.00 100% 6045 ok 25.0 COVID-19 Emergency Assistance Program The Salvation Army Assistance 20,000.00 0.00 0.00 0.00 20,000.00 0.00 20,000.00 0.00 20,000.00 0% 6046 ok 26.0 COVID-19 Testing for Vulnerable Populations The REACH Project 20,000.00 0.00 0.00 0.00 20,000.00 9,428.25 10,571.75 0.00 10,571.75 47% 6047 ok 27.0 Security Deposits for Safer Housing Catholic Charities 25,000.00 0.00 0.00 0.00 25,000.00 4,594.00 20,406.00 0.00 20,406.00 18% Total 392,803.80 140,000.00 0.00 0.00 532,803.80 304,167.47 166,036.33 62,600.00 228,636.33 57% 2020 CDBG Activities 6050 ok 1.0 Small Repair Program INHS 32,500.00 0.00 0.00 0.00 32,500.00 0.00 32,500.00 0.00 32,500.00 0% 6051 ok 2.0 Founder's Way For-Sale Townhomes INHS 27,555.84 0.00 0.00 0.00 27,555.84 0.00 27,555.84 0.00 27,555.84 0% 6052 ok 4.0a Security Deposit Asst Delivery Catholic Charities 2,500.00 0.00 0.00 0.00 2,500.00 0.00 2,500.00 0.00 2,500.00 0% 6053 ok 5.0 ReUse Job Skills Training & Employment Connections Fibger Lakes ReUSe 75,000.00 0.00 0.00 0.00 75,000.00 0.00 75,000.00 0.00 75,000.00 0% 6054 ok 6.0 Work Preserve Job Training Historic Ithaca, Inc. 67,500.00 0.00 0.00 0.00 67,500.00 2,808.15 64,691.85 0.00 64,691.85 4% 6055 ok 7.0 Hospitality Employment Training Program GIAC 75,000.00 0.00 0.00 0.00 75,000.00 0.00 75,000.00 0.00 75,000.00 0% 6056 ok 8.0 Reimagining Ithaca Community Gardens Project Growing Hope 25,150.00 0.00 0.00 0.00 25,150.00 0.00 25,150.00 0.00 25,150.00 0% 6057 ok 9.0 Food Pantry Mechanical Dock Leveler TCA 14,470.00 0.00 0.00 0.00 14,470.00 0.00 14,470.00 0.00 14,470.00 0% 6058 complete 10.0 ADA Curb Ramps at West Village/Elm St Bus Stop IURA 11,000.00 0.00 0.00 0.00 11,000.00 11,000.00 0.00 0.00 0.00 100% 6059 ok 11.00 GO ITHACA Low-Income Support Center For Community Transportation 12,200.00 0.00 0.00 0.00 12,200.00 0.00 12,200.00 0.00 12,200.00 0% 6060 complete 12.0 2-1-1 5 Human Services Coalition 17,392.15 0.00 2,607.85 20,000.00 20,000.00 0.00 0.00 0.00 100% 6061 ok 13.0 Work Preserve: Job Readiness Historic Ithaca, Inc. 20,000.00 0.00 0.00 0.00 20,000.00 0.00 20,000.00 0.00 20,000.00 0% 6062 ok 14.0 Immigrant Services Program Catholic Charities 30,000.00 0.00 0.00 0.00 30,000.00 0.00 30,000.00 0.00 30,000.00 0% 6063 ok 15.0 2020 CDBG Admin13, 16 IURA 136,524.00 0.00 0.00 0.00 136,524.00 57,441.10 79,082.90 0.00 79,082.90 42% ok Economic Development Loan Fund12, 16 IURA 135,828.01 120,000.00 0.00 0.00 255,828.01 92,273.98 85,641.06 77,912.97 163,554.03 36% Total 682,620.00 120,000.00 2,607.85 0.00 805,227.85 183,523.23 543,791.65 77,912.97 621,704.62 23% 2020 HOME Activities 8018 ok 2.0 Founder's Way For-Sale Townhomes12, 15 INHS 172,444.16 0.00 0.00 100.00 172,344.16 0.00 172,344.16 0.00 172,344.16 0% 8019 ok 3.0 Northside Apartments Cayuga Housing Dev Corp 90,877.94 0.00 0.00 0.00 90,877.94 0.00 90,877.94 0.00 90,877.94 0% 8020 ok 4.0 Security Deposit Asst For Vulnerable Households4, 12, 15 Catholic Charities 38,333.60 0.00 38,082.88 0.00 76,416.48 5,843.00 70,573.48 0.00 70,573.48 8% 8021 ok 16.0 2020 HOME Admin13 IURA 33,509.90 0.00 0.00 0.00 33,509.90 20,910.36 12,599.54 0.00 12,599.54 62% 2020 Home Unallocated12, 15 0.00 0.00 33.40 0.00 33.40 0.00 33.40 0.00 33.40 N/A Total 335,165.60 0.00 38,116.28 100.00 373,181.88 26,753.36 346,428.52 0.00 346,428.52 7% Total Unexpended Funds Unexpended CDBG Entitlement Funds (Excludes CDBG-CV Funds) 695,456.00 Unexpended CDBG Program Income Committed to Action Plan Activities 77,912.97 CDBG Revolving Loan Fund Balance (#02 Bank Balance excluding interest) 159,562.78 Unexpended HOME Entitlement Funds 617,490.68 Unexpended HOME Program Income 887.71 HOME Program Income Unassigned 887.71 Total Unexpended HUD Funds 1,472,509.46 Unexpended CDBG-CV Funds 166,036.33 Unexpended CDBG-CV Program Income 62,600.00 Total Unexpended COVID-19 Funds 228,636.33 Total Unexpended HUD Funds 1,638,545.79 1.5 CDBG Spend Down Ratio Analysis (must be less than 1.5 by June 1st of each year): CDBG Spend Down Ratio = total unexpended CDBG funds/most recent annual CDBG award Most Recent Annual CDBG Award: 682,620 1.5 x Most Recent CDBG Award: 1,023,930 Page 1 of 2  IURA Grants Summary June 2021 ON PROGRAM TRANSFERS TRANSFERS TOTAL Entitlement Funds PI TOTAL # SCHEDULE HUD ENTITLEMENT ACTIVITIES SPONSOR BUDGET INCOME IN OUT BUDGET EXPENDED UNEXPENDED UNEXPENDED UNEXPENDED % SPENT Current Unexpended CDBG Funds: 855,018.78 Current CDBG Spend Down Ratio: 1.2526 Compliance With 1.5 CDBG Spend Down Ratio: Yes Amount Required to be Expended by 6/1 to Meet CDBG Spend Down Ratio: -168,911.22 Page 2 of 2