HomeMy WebLinkAboutRES HA-40RESOLUTION HA -40
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, 2009 THROUGH JUNE 30, 2010
WHEREAS, the Housing Authority has received and considered the proposed Program
and Financial Plan submitted by the Executive Director on June 25, 2009; 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 2009/2010 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 2009/2010 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 2008-09 Fiscal
Year. The amounts included in this exhibit include all unexpended amounts from
purchase orders and contracts encumbered by June 30, 2009.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm
Desert and Housing Authority held on this 25th day of June, 2009, by the following vote,
to wit:
AYES: BENSON, FERGUSON, FINERTY, and SPIEGEL
NOES: NONE
ABSENT: BELLY
ABSTAIN: NONE
ROBERT7.‘42.4L
A. SPIEGEL, I A. I
ATTEST:
_0
CHELLE D. 1ZLAES SECRETARY
CITY OF PALM DESERT, CALIFORNIA
1
PALM DESERT ESTIMATED REVENUES, Exhibit 1
Resolution No. HA-40
CATEGORY / FUND
Housina Authority Fund:
1 Rent fm Apartments/Interest
2. Reimbursement/Transfers
Total Housina Authority Fund
Actual Actual Budget Projected Budget
FY 06-07 FY 07-08 FY 08-09 FY 08-09 FY 09-10
4,788,976
11,540,701
16, 329, 677
5,031,120
3,492,853
8,523,973
5,063,602 4,992,337 5,215,676
2,852,250
5,063,602 7,844,587 5,215,676
Page 1-36
2
PALM. DESERT, 1.OUSi
FOR,F
Housing Authority
Exhibit 2 RESOLUTION NO. HA
FY 2009-2010
25,483,479
TOTAL ALL FUNDS (Includes Transfers Out to Other Funds) I 273,713,382 I
0
3
HOUSING AUTHORITY Exhibit 3
CAPITAL IMPROVEMENT PROGRAM RESOLUTION NO, 13A-40
EXISTING PROJECTS IN FISCAL YEAR 2008-09 CONTINUED TO FY 2009-2010
PROJECT TITLE
RDA SR Housing Fund 870
Workforce Housing Grant
Acquisition, Rehabilitation & Resale
Home Improvement Program
Property Acquisition
Rental Assistance
Home Buyer Assistance
RDA Palm Desert Housing Auth Fund 871
Laguna Palms Rehabilitation
One Quail Place Capital Improvements
California Villas Rehabilitation (Phase B)
Taos Palms Interior Renovation
Taos Palms Capital Improvements
Candlewood Capital Improvements
Sagecrest Capital Improvement
TOTAL EXISTING PROJECTS
ESTIMATED
PROJECT
TOTAL FOR
LIFE OF
PROJECT
ACCOUNT
NUMBERS
93,209 870-4490-464.39-02
Continuing
Continuing
Continuing
Continuing
Continuing
Continuing
Continuing
Continuing
Continuing
Continuing
Continuing
Continuing
870-4492-464.40-01
870-4493-464.40-01
870-4495-464.40-01
870-4688-464.40-01
870-4699-464.40-01
871-8610-466.40-01
871-8660-466.40-50
871-8680-466.40-01
871-8690-466.40-01
871-8690-466.40-50
871-8693-466.40-50
871-8695-466.40-50
FUNDING
SOURCES
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Authority FD 871
Housing Authority FD 871
Housing Authority FD 871
Housing Authority FD 871
Housing Authority FD 871
Housing Authority FD 871
Housing Authority FD 871
' NOTE: APPROPRIATIONS AND/OR ENCUMBRANCES FOR REBUDGET/CARRYOVER
FROM FISCAL YEAR 2008-09 TO 2009-10
Continuing appropriations are amounts which have been appropriated in FY 2008-09 and are not expected to be expended by
June 30, 2009. 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, 2009 for appropriations approved by the Housing Authority through the last meeting in
June, 2009
AMOUNTS ARE SUBJECT TO CHANGE DUE TO PROJECTS APPROVED BY COUNCIL PRIOR TO JUNE 30, 2009
Note:Above amounts are as of March 23, 2009
FY 2008-09
to FY09-10
• SEE NOTE
118,818
280,500
700,000
3,500,000
448,414
300,000
888,932
138,905
1,597,562
323,289
165,000
148,404
92,900
$8, 702, 724
4