HomeMy WebLinkAboutRES HA-43RESOLUTION HA - 43
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, 2010 THROUGH JUNE 30, 2011
WHEREAS, the Housing Authority has received and considered the proposed Program
and Financial Plan submitted by the Executive Director on June 24, 2010; 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 2010/2011 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 2010/2011 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 2009-10 Fiscal Year.'
The amounts included in this exhibit include all unexpended amounts from purchase
orders and contracts encumbered by June 30, 2010.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm
Desert Housing Authority held on this 24th day of June, 2010, by the following vote, to
wit:
AYES: BENSON, FERGUSON, KELLY, SPIEGEL, and FINERTY
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
RACti1;LLE D. KLASSEN, SECRETARY
CITY OF PALM DESERT, CALIFORNIA
xi
Resolution No. HA-43
PALM DESERT ESTIMATED REVENUES, Exhibit 1
CATEGORY/FUND
Housing Authority Fund:
1 Rent fm Apartments/Interest
2. Reimbursement/Transfers
Total Housing Authority Fund
Actual Budget Projected Budget
FY 08-09 FY 09-10 FY 09-10 FY 10-11
4,874,904 5,215,676 5,110,142 4,823,612
2,852,250 -
8,067,926 5,110,142 4,823,612
Page 1-23
Exhibit 2 HA 43
PALM DESERT HOUSING AUTHORITY APPROPRIATIONS 0
FOR FISCAL YEAR 2010-2011
I
Housing Authority
FY 2010-2011
5,757,412
TOTAL ALL FUNDS (Includes Transfers Out to Other Funds) 1 242,682,880 I
HOUSING AUTHORITY
CAPITAL IMPROVEMENT PROGRAM
EXISTING PROJECTS IN FISCAL YEAR 2008-09 CONTINUED TO FY 2009-2010
PROJECT TITLE -
RDA SR Housina Fund 870
Workforce Housing Grant
Acquisition, Rehabilitation & Resale
Home Improvement Program
Property Acquisition
Rental Assistance
Home Buyer Subsidies
Home Buyer Assistance
RDA Palm Desert Housing Auth Fund 871
Laguna Palms Capital
Desert Pointe Replacement
Las Serenas Replacement
One Quail Place Replacement
One Quail Place Capital Improvements
California Villas Rehabilitation
Taos Palms Replacement
Taos Palms Interior Renovation
Carlos Ortega Villas
Candlewood Capital Replacement
Candlewood Capital Improvements
TOTAL EXISTING PROJECTS
ESTIMATED
PROJECT
TOTAL FOR
LIFE OF
PROJECT
ACCOUNT
NUMBERS
93,209 870-4490-464.39-02
Continuing 870-4492-464.40-01
Continuing 870-4493-464.40-01
Continuing 870-4495-464.40-01
Continuing 870-4688-464.40-01
5,000,000 870-4494-464.39-01
Continuing 870-4699-464.40-01
FUNDING
SOURCES
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Fund 870
Housing Fund 870
864,765 871-8610-466.40-01 Housing Authority FD 871
Continuing 871-8630-466.33-11 Housing Authority FD 871
Continuing 871-8640-466.33-11 Housing Authority FD 871
Continuing 871-8660-466.33-11 Housing Authority FD 871
78,677 871-8660-466.40-50 Housing Authority FD 871
1,431,444 871-8680-466.40-01 Housing Authority FD 871
Continuing 871-8690-466.33-11 Housing Authority FD 871
Continuing 871-8690-466.40-01 Housing Authority FD 871
20,000,000 871-8691-466.40-01 Housing Authority FD 871
Continuing 871-8693-466.33-11 Housing Authority FD 871
Continuing 871-8695-466.40-50 Housing Authority FD 871
NOTE: APPROPRIATIONS AND/OR ENCUMBRANCES FOR REBUDGET/CARRYOVER
FROM FISCAL YEAR 2009-10 TO 2010-11
Continuing appropriations are amounts which have been appropriated in FY 2009-10 and are not expected to be expended by
June 30, 2010. 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, 2010 for appropriations approved by the Housing Authority through the last meeting in
June, 2010.
AMOUNTS ARE SUBJECT TO CHANGE DUE TO PROJECTS APPROVED BY COUNCIL PRIOR TO JUNE 30, 2010
Note:Above amounts are as of March, 2010
Exhibit 3
RES.. HA - 43
FY 2008-09.
to FY09-10
• SEE NOTE
60,384
394,789
385,326
2,843,631
566,094
5,000,000
548,704
864,765
27,362
54,821
69,630
78,677
1,431,444
4 006'.
442
19,995,879. ..
39,081
143,004
II $32,508,039 I