HomeMy WebLinkAboutRES HA-07RESOLUTION HA -7
A RESOLUTION OF THE HOUSING AUTHORITY
OF PALM DESERT, CALIFORNIA, ADOPTING A PROGRAM
AND FINANCIAL PLAN FOR THE FISCAL YEAR JULY 1,
1999 THROUGH JUNE 30, 2000.
WHEREAS, the Housing Authority has received and considered the proposed Program
and Financial Plan submitted by the Executive Director on June 24, 1998; and
WHEREAS, after due notice, the Housing Authority held a public hearing on the
proposed plan.
NOW, THEREFORE, BE IT RESOLVED by the Palm Desert Housing Authority Board
of the City of Palm Desert, California, that:
1. The amounts shown on Exhibit 1, "Estimated Revenues", are hereby accepted as
the Estimated Revenues for the 1999-2000 Fiscal Year for each fund and revenue source.
2. The amounts shown on Exhibit 2, "Appropriations" are hereby appropriated, to
the departments and activities indicated. The Executive Director, or his duly appointed
representative, will have the authority to approve infra -departmental budgeted line item
variations; additional appropriations or inter -departmental budget transfers will be
specifically approved by further Housing Authority action during the 1998-1999 fiscal
year as the need arises.
3. The amounts shown on Exhibit 3, "Continuing Appropriations, Existing Capital
Projects", are hereby accepted as continuing appropriations from the 1998-1999 Fiscal
Year. The amounts included in this exhibit include all unexpected amounts from
purchase orders and contracts encumbered by June 30, 1999.
PASSED, APPROVED AND ADOPTED at a joint meeting of the City of Palm Desert
and Housing Authority held on this 24th of June, 1999 by the following vote, to wit:
AYES: Benson, Crites, Ferguson, Kelly, Spiegel
NOES: None
ABSENT: None
ABSTAIN: None
ZZL
-HEILA R. GILI6AN, SETARY ROBERT A. SPIEGE
REDEVELOPMENT
870-0000-318.29-00
870-0000-361.10-00
870-0000-361.14-00
870-0000-361.15-00
870-0000-363.20-00
870-0000-374.10-00
870-0000-379.92-00
870-0000-379.99-00
870-0000-391.00-00
870-0000-391.10- l 1
870-0000-391.10-12
870-0000-391.10-13
870-0000-391.10-14
!REDEVELOPMENT
REDEVELOPMENT
871-8620-363.20-00
871-8630-363.20-00
871-8640-363.20-00
871-8650-363.20-00
871-8660-363.20-00
871-8670-363.20-00
871-8690-363.20-00
871-0000-361-10-00
870-0000-391.00-00
!REDEVELOPMENT
City of Palm Desert
Estimated Revenues
Fiscal Year 1999-2000
SOUSING SET -ASIDE FUND
Taxes
HOUSING MITIGATION FEE
Interest & Rentals
INTEREST INCOME
INT-INT ON INV W/ TRUSTEE
INT-FR LOAN/NOTES REC(IIIP)
RENTAL OF PROPERTY-Portola
Charges for Services
PROCEEDS-LOANS/NOTES REC
MISC REIMBURSEMENTS
MISC REVENUE -OTHERS
INTERFUND - Transfer In
INTERFUND OP TR IN
OP IN P# 1 TI LM SET -ASIDE
TR IN P#2 TI LM SET -ASIDE
TR IN P#3 TI LM SET -ASIDE
TR IN P#4 TI LM SET -ASIDE
HOUSING SET -ASIDE FUND
HOUSING AUTHORITY
Interest & Rentals
RENTAL OF APARTMT-Catalina
RENTAL OF APARTMT-Desert Pt
RENTAL OF APARTMT-Las Serenas
RENTAL OF APARTMT-Neighbors
RENTAL OF APARTMT-1 Quail
RENTAL OF APARTMT-Pueblos
RENTAL APARTMT-Taos Palms
INTEREST INCOME
INTERFUND - Transfer In
!INTERFUND OP TR IN
HOUSING AUTHORITY
450,232 418,443
17,769 8,000
9,575 16,291
55,000
50,000
100,000
25,483,296 646,705 60,000
16,998 9,841
5,992,235
355,019 805,140
3,458,245 3,586,948
1,091,961 1,221,755
110,433 123,542
230,523 301,877
31,224,051 13,130,777
RES. 373 /HA-7
Exhibit 1
5,000 5,000
145,000 100,000
10,000 10,000
60,000 45,000
55,000 50,000 53,000
3,496,560 3,564,234 3,635,518
1,241,858 1,332,044 1,358,685
125,957 142,935 145,794
307,806 487,369 524,740
5,492,181 5,796,583 5,877,737
201,780 215,549 232,402
209,104 234,816 244,672
550,500 583,270 596,530
83,582 76,904 97,527
1,931,040 2,063,208 2,219,391
38,964 40,820 39,825
54,000 55,016 57,313
37,256 50,000 90,000
47,537,213
47,574,469 3,068,970 3,319,583 3,577,660
Page 13
DEPARTMENT TITLE
- Transfer In(Out)
Housing Authority
'Total Housing Authority Funds
PYROPILIATION
FY 1999-2000 I
2,529,799
2,529,799
PALM DESERT REDEVELOPMENT AGENCY
CAPITAL IMPROVEMENT PROGRAM
EXISTING PROJECTS IN FISCAL YEAR 1998.99 CONTINUED TO FY 1999.2000
PROJECT TITLE
RDA Prolect Area #1 Fund 850
RDA Projects #1
RDA Prolect Area #2 Fund 851
Section IV Golf Course etc
RDA Prolect Area #4 Fund 854
Land Purchase for Regional Park
RDA SR Haus/na Fund 870
HIP - Rehab. For Resale
Santa Rosa Project
HIP - Make a Difference Day
RDA Palm Desert Housing Auth Fund 871
Multi -Family Rehabilitation
TOTAL EXISTING PROJECTS
ESTIMATED
PROJECT
TOTAL FOR
LIFE OF
PROJECT
ACCOUNT
NUMBERS
FUNDING
SOURCES
11,000,000 850-4361-433-4001 RDA PJ Area #1
30,000,000 851-4663-454-4001 RDA PJ Area #2
851-4619-433-4001 RDA PJ Area #2
340,350 854-4495-499.40-10 RDA PJ Area #4
500,000 870-4492-464-4001 Housing Fund 870
615,523 870-4494-464-4020 Housing Fund 870
70,056 870-4493-464.40-01 Housing Fund 870
1,800,000 871-4195-466-4001 PD Housing Fund 871
• NOTE: APPROPRIATIONS AND/OR ENCUMBRANCES FOR REBUDGET/CARRYOVER
FROM FISCAL YEAR 1998-99 TO 1999-00
Continuing appropnatrons are amounts which have been appropnated in FY 1998.99 and are not expected to be expended by
June 30, 1999. These funds are pnmarily for capital budgets and specific programs that overlap fiscal years. When authorized,
continuing appropriation amounts are added to the new fiscal year budget amounts in order to track all approved spending.
The exact amount of appropriations for carryover in each fund indicated will be determined at the end of the fiscal year during the
preparation of financial statements. This amount will include. 1) purchase orders and contracts encumbered totals and
2) unencumbered balances as of June 30, 1999 for appropriations approved by Council through the last meeting in June, 1999
Exhibit 3
Res. 373/HA-7
FY 1998-99
to FY99-00
• SEE NOTE
10,000,000
10,477,617
12,840,033
340,350
152,546
113,039
52,055
833,337
$34,808,97