HomeMy WebLinkAboutRES HA-17RESOLUTION HA - 17
A RESOLUTION OF THE CITY COUNCIL OF THE HOUSING AUTHORITY
OF PALM DESERT, CALIFORNIA, ADOPTING A PROGRAM
AND FINANCIAL PLAN FOR THE FISCAL YEAR JULY 1,
2002 THROUGH JUNE 30, 2003
WHEREAS, the Housing Authority has received and considered the proposed Program and
Financial Plan submitted by the Executive Director on June 24, 2002; 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 2002-2003 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 intra-departmental budgeted line item
variations; additional appropriations or inter -departmental budget transfers will be
specifically approved by further Housing Authority action during the 2002-2003 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 2001-02 Fiscal Year.
The amounts included in this exhibit include all unexpended amounts from purchase orders
and contracts encumbered by June 30, 2002.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert
and Housing Authority held on this 2 7 thday of June, 2002, by the following vote, to wit:
AYES: BENSON, FERGUSON, SPIEGEL, KELLY
NOES: NONE
ABSENT: CRITES
ABSTAIN: NONE
RI HARD KELLY, ciiAIRNAN/
ATTEST:
RAChHELLE KLASSEN, . ASSISTANT SECRETARY"
CITY OF PALM DESERT, CALIFORNIA
Estimated Revenues
Fiscal Year 2002-2003
REDEVELOPMENT HOUSFNG A TIRIRIT Y
Interest & Rentals
871-8620-363.20-00 RENTAL OF APARTMT-Catalina 229,812 250,797 250,183 267,448 276,594
871-8630-363.20-00 RENTAL OF APARTMT-Desert Pt 252,085 280,336 286,461 304,629 297,352
871-8640-363.20-00 RENTAL OF APARTMT-Las Serer 607,561 672,466 695,625 717,322 727,200
871-8650-363.20-00 RENTAL OF APARTMT-Neighbors 76,439 101,608 111,662 113,770 113,004
871-8660-363.20-00 RENTAL OF APARTMT-1 Quail 2,088,607 2,500,414 2,645,503 2,450,000 2,618,880
871-8670-363.20-00 RENTAL OF APARTMT-Pueblos 40,954 40,311 41,420 43,748 50,850
871-8690-363.20-00 RENTAL APARTMT-Taos Palms 54,437 ' 67,400 75,606 79,016 75,998
871-0000-361-10-00 INTEREST INCOME 114,251 196,018 90,000 75,000 90,000
INTERFUND - Transfer In
870-0000-391.00-00 IINTERFUND OP TR IN 9 - -
IREDEVELOPMENT HOUSING AUTHORITY 3,464,155 4,109,350 4,196,460 4,050,933 4,249,878
RES. 1HA-17
Exhibit 1
'ousing Authority
bud7o: wd•exhi.x(w
i
3,753,041
HOUSING AUTHORITY
CAPITAL IMPROVEMENT PROGRAM
EXISTING PROJECTS IN FISCAL YEAR 2001-02 CONTINUED TO FY 2002.2003
PROJECT TITLE
RDA Palm Desert Housina Auth Fund 871
Parking Lot Improvements
Catalina Gardens -Replacement
Desert Point -Replacement
Las Serenas-Replacement
Neighbors Gardens -Replacement
One Quail Place -Replacement
The Pueblos -Replacement
Taos Palms -Replacement
Catalina Gardens -Capital Improvements
Desert Point -Capital Improvements
Las Serenas-Capital Improvements
Neighbors Gardens -Capital improvements
One Quail Place -Capital Improvements
The Pueblos -Capital Improvements
Taos Palms -Capital Improvements
TOTAL EXISTING PROJECTS
ESTIMATED
PROJECT
TOTAL FOR
LIFE OF
PROJECT
ACCOUNT
NUMBERS
1,300,000 871-4373-433-40-01
Continuing 871-8620-466.33-11
Continuing 871-8630-466.33-11
Continuing 871-8640-466.33-11
Continuing 871-8650-466.33-11
Continuing 871-8660-466.33-11
Continuing 871-8670-466.33-11
Continuing 871-8690-466.33-11
Continuing 871-8620-466.40-50
Continuing 871-8630-466.40-50
Continuing 871-8640-466.40-50
Continuing 871-8650-466.40-50
Continuing 871-8660-466.40-50
Continuing 871-8670-466.40-50
Continuing 871-8690-466.40-50
• NOTE: APPROPRIATIONS AND)OR ENCUMBRANCES FOR REBUDGET/CARRYOVER
FROM FISCAL YEAR 2001-02 TO 2002-03
FUNDING
SOURCES
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
PD Housing Fund 871
Continuing appropriations are amounts which have been appropriated in FY 2001-02 and are not expected to be expended by
June 30, 2002. These funds are primarily 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, 2002 for appropriations approved by the Housing Authority Board through the last meeting in
June, 2002.
Exhibit 3
HA -17
1
FY 2001-02
to FY02-03
• SEE NOTE
1,300,000
36,544
19,446
91,024
33,960
226,756
18,576
12,789
11,120
55,490
19,963
7,786
32,916
1,500
262
$1,868,132 1