HomeMy WebLinkAboutRES. NO. HA-33RESOLUTION NO. HA- 33
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
Desert Housing Authority held on this day of 2007, by the following
vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
Richard S. Kelly, Chairman
ATTEST:
Rachelle D. Klassen, Secretary
RESOLUTION NO. HA-33
FUND/DEPARTMENT
Legal Services
7 HA Property Maintenance
Miscellaneous Expense
Replacement Expense
Contract Services
Repairs & Maintenance
Replacement Expenses
Miscellaneous Expense
Replacement Expense
Other Services & Charges
Replacement Expenses
Other Services & Charges
Capital Improvements
Capital/Emergency Repairs
Capital/Emergency Repairs
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
871-8630-466-331
871-8640-466-3092
871-8640-466-3310
871-8640-466-3311
871-8640-466-3695
871-8660-466-3311
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
$
$ 350,347 $
CHANGE
INCI(DEC)
REVISED
APPROPRIATIONS
45,000 Increased Fees - 2 Pending Legal Matters
10,000 Maint of Property prior to construction
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
60.000 Tennis courts & four square resurface, carport paint, seal coat
parking lot.
8,000 Legal fees, affordable training & dues.
25,000 Rebuild carports due to roof damage, add covered parking
20,000 Two computers & phone system, office furnishings, affordable
. r. ram, etc
(300,000) Offset increase to 4050.
300,000 Executive Environmental, abatement & interior rehab
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) Reduce budget due to extension in completion date.
(2,228) Reduce budget due to extension in completion date.
(7,908) Reduce budget due to extension in completion date.
(12,066) Reduce budget due to extension in completion date.
12,439) Reduce budget due to extension in completion date.
50,000 Interior/Exterior Finishes
13,382,167
HA Exp-RevMidyear Adjustments Exhibits A & B 2006-2007
RESOLUTION NO. HA-33
FUND/DEPARTMENT
OD 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
I2tVISEU
PROJECTIONS
ib
Exhibit "B"
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