HomeMy WebLinkAboutRES HA-39RESOLUTION NO. HA- 39
_ A RESOLUTION OF THE PALM DESERT HOUSING AUTHORITY,
PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2008-
09 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 2008-09 Budget;
NOW, THEREFORE, BE IT RESOLVED by the Housing Authority, Palm Desert,
California, that the 2008-09 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 2008-09 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 2008-09.
2. The amounts shown in the column entitled "Revised Estimated Revenues"
in the tab entitled "Palm Desert Housing Authority, Mid -Year 2008-09
Budget Review, Revised Estimated Revenues", attached hereto as Exhibit
"B", are hereby accepted as the Estimated Revenues for the 2008-09
Fiscal Year for each fund and revenue source.
_ PASSED, APPROVED AND ADOPTED, at the regular meeting of the Palm
Desert Housing Authority held on this 8th day of January 2009, by the following
vote to wit:
AYES: BENSON, FERGUSON, FINERTY, KELLY, and SPIEGEL
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Robert A . Spiegel, chairman
ATTEST:
SqcF=
achelle D. Klassen, Setretaryy
Palm Desert Redevelopment Agency
Resolution No. gA-39
Exhibit "A"
PALM DESERT HOUSING AUTHORITY
MID -YEAR 2008-2009 BUDGET REVIEW
REVISED APPROPRIATIONS
OPERATING BUDGET
FUND/ ACCOUNT ORIGINAL INCREASE/ REVISED
DEPARTMENT DESCRIPTION APPROP (DECREASE) APPROP EXPLANATION
Fund 871 - Housing Authority - Laguna Palms
871 8610 466 4050 Capital Expense - 18,000 18,000 address & carport signage, contruction plumbing
18,000 18,000 problems
Fund 871 - Housing Authority - Catalina Gardens
871 8620 466 3089 Payroll 84,045 9,500 93,545 Re -allocation of staff
84,045 9,500 93,545
Fund 871 - Housing Authority - California Villas
871 8680 486 3311 Replacement Expense 39,994 5,500 45,494 Replace unforseen construction expense
871 8680 466 3695 Other Service and Charges 24,240 5,000 29,240 Deductible for fire damages
871 8680 466 4001 Capital Improvements 5,170,528 (433,500) 4,737,028 Reduced to Fund Various Improvements
871 8680 466 4050 Capital/Emergency Repairs - 45,500 45,500 Pool & spa, construction expense, A-12 and carport
5,234,762 S377,500) 4_857262-
Fund 871 - Housing Authority - Taos Palms
871 8690 466 4001 Capital Improvements
Totals
350,000 350,000 Unit renovation
350,000 350Y000
5,318,807 5,318,807
12/12008
315 PM
PALM DESERT HOUSING AUTHORITY
MID -YEAR 2008-2009 BUDGET REVIEW
REVISED APPROPRIATIONS OPERATING BUDGET
FUND/ ACCOUNT
DEPARTMENT DESCRIPTION
Fund 871 - Housing Authority Rent
871 8692 362 2000 Rent -Palm Village
871 8692 363 2000 Rent -Palm Village
Totals
ORIGINAL INCREASE/ REVISED
APPROP (DECREASE) APPROP
EXPLANATION
161,470 (161,470) - Correct Account Number
161,470 161,470 Correct Account Number
161,470 - 161,470
161,470 161,470
Resolution No. HA_39
Exhibit "B'