HomeMy WebLinkAboutRES HA-33RESOLUTION NO. HA- 33
Desert Housing Authority held on this 8th day of FEBRUARY
vote to wit:
AYES: BEN;SON, FERGUSON, FINERTY, SPIEGEv, KELLY
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE /1 C
Richa( S. Kelly, Chairman
A RESOLUTION OF THE PALM DESERT HOUSING AUTHORITY,
PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2006-
07 BUDGET AS A RESULT OF MID -YEAR ADJUSTMENTS
WHEREAS, as a result of Mid -Year review of the budget, it is desirable to revise
the 2006-07 Budget;
NOW, THEREFORE, BE IT RESOLVED by the Housing Authority, Palm Desert,
California, that the 2006-07 Budget is hereby revised as follows:
1. The amount shown in the column entitled "Revised Appropriations" in the
table entitled "Palm Desert Housing Authority, Mid -Year 2006-07 Budget
Review, Revised Appropriations Operating Budget', attached hereto as
Exhibit "A", are hereby appropriated to the departments, activities, and
projects identified therein as the Operating Budget for 2006-07.
2. The amounts shown in the column entitled "Revised Estimated Revenues"
in the tab entitled "Palm Desert Housing Authority, Mid -Year 2006-07
Budget Review, Revised Estimated Revenues", attached hereto as Exhibit
"B", are hereby accepted as the Estimated Revenues for the 2006-07
Fiscal Year for each fund and revenue source.
PASSED, APPROVED AND ADOPTED, at the regular meeting of the Palm
2007, by the following
ATTEST:
Ra6helle D. Klassen, Secretary
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RESOLUTION NO. HA-33
FUND/DEPARTMENT
H0404101111,01ilit
Legal Services
7 HA Property Maintenance
Miscellaneous Expense
thwart POI*, • .
Replacement Expense
Las Sere1114-
Contract Services
Repairs & Maintenance
Replacement Expenses
Miscellaneous Expense
OflL'-
Replacement Expense
Other Services & Charges
Replacement Expenses
Expenses
Other Services & Charges
Callogol#Mlist ' ' '
Capital Improvements
Capital/Emergency Repairs
T6061190W-,--
eapital/Emergency Repairs
P199EVIS10: -
Payroll
Contract Services
Management Fee
Advertising/Promotion
Repairs & Maintenance
Utility Service
Miscellaneous Expense
Capital/Emergency Repairs
• !:=•
871-4195-466-3015
871-4195-466-3370
;
871-8620-466-3695
871-8630-466-3311
- L •
871-8640-466-3092
871-8640-466-3310
871-8640-466-3311
871-8640-466-3695
871 -8660466-3311
871-8660-466-3695
871-8670-466-3311
871-8670-466-3695
• -
871 -8680-466-4001
871-8680-466-4050
871-8690-466-4050
871-8692-466-3089
871-8692-466-3092
871-8692-466-3093
871-8692-466-3223
871-8692-466-3310
871-8692-466-3514
871-8692-466-3695
871-8692-466-4050
Exhibit "A"
PALM DESERT HOUSING AUTHORITY
MID -YEAR 2006-2007 BUDGET REVIEW
REVISED APPROPRIATIONS
OPERATING BUDGET
CHANGE
INC/(DEC)
REVISED
APPROPRIATIONS
45,000 Increased Fees - 2 Pending Legal Matters
10,000 Maint of Property prior to construction
: Arars.:.e7' ajetme%''' rlyfal.4:;4atatag•:4r.A4;:`,
20,000 Two computer & phone system, office furnishings, etc.
$
20,000 Unit upgrades including abatement and clearance
•
80,000 Increase Courtesy Patrol
20,000 Landscape & tree maintenance, clubhouse entry tile
36,500 Purchase 95 water heater doors, ADA parking assessment
seal coat parking area
5,000 Affordable program annual dues, legal fees
80,000
29;720
82,300
348,612
• . : 317,020
60,000 Tennis courts & four square resurface, carport paint, seal coat
parking lot.
8,000 Legal fees, affordable training & dues.
• - - • 100,611
25,000 Rebuild carports due to roof damage, add covered parking
20,000 Two computers & phone system, office fumishings, affordable
erggram,etc.
• " : 12.314 755
(300,000) Offset increase to 4050.
300,000 Executive Environmental, abatement & interior rehab
• <.- 11.000
15,000 Seal coat parking area, bumper guard
$ (19,910) Reduce budget due to extension in completion date.
(12,474) Reduce budget due to extension in completion date.
$ (7,128)
$ (2,228)
$ (7,908)
$ (12,066)
$ (2,439)
$ 50,000
350,347
Reduce budget due to extension in completion date.
Reduce budget due to extension in completion date.
Reduce budget due to extension Ir. completion date.
Reduce budget due to extension in completion date.
Reduce budget due to extension in completion date.
Interior/Exterior Finishes
114,149
13,382,167
HA Exp-RevMidyear Adjustments Exhibits A & B 2006-2007
RESOLUTION NO. HA-33
FUND/DEPARTMENT
Houtfi±a AuthgtitY
Op Transfer In
Rent - Laguna Palms
Rent - California Villas
Rent - Palm Village
Total
871-0000-391-0000
871-8610-363-2000
871-8680-363-2000
871-8692-363-2000
PALM DESERT HOUSING AUTHORITY
MID -YEAR 2006-2007 BUDGET REVIEW
REVISED ESTIMATED REVENUE
CHANGE
INC/(DEC)
$ 11,540,701
$ (38,500)
$ (115,239)
$ (64,155)
$ 11,322,807
Exhibit "B"
REVISED
PROJECTIONS
$ . 12,527,636
Transfer from Housing Set -Aside to cover CV/LP Renovations
Reduce revenues due to renovations
Reduce revenues due to renovations
Reduce revenues due to extension in completion date.
$ 12,527,636
HA Exp-RevMidyear Adjustments Exhibits A & B 2006-2007