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HomeMy WebLinkAboutSR - 06/07 Plnng & Admin CostsPALM DESERT REDEVELOPMENT AGENCY STAFF REPORT REQUEST: DETERMINATION THAT PLANNING AND ADMINISTRATIVE COSTS INCURRED DURING THE 2006-2007 FISCAL YEAR ARE NECESSARY FOR THE PRODUCTION, IMPROVEMENT, AND/ OR PRESERVATION OF LOW AND MODERATE INCOME HOUSING SUBMITTED BY: JANET M. MOORE, DIRECTOR OF HOUSING DATE: OCTOBER 11, 2007 Recommendation: By Minute Motion, that 1) The Agency Board determines that planning and administrative expenses incurred for Fiscal Year 2006-2007 were necessary and were not disproportionate to the rest of the expenditures within the redevelopment agency for the production, improvement, and/or preservation of low and moderate income housing. 2) The Agency Board determines that the planning and administrative expenses incurred were directly related to the Agency's production, improvement, and/or preservation of low and moderate income housing. Discussion: California Health and Safety Code Section 33334.6 (d) legislates that the Agency shall determine annually that planning and administrative expenses are necessary for the production, improvement and preservation of low and moderate income housing in the project areas and throughout the City. The code further provides that such costs should not be disproportionate to the rest of expenditures within the redevelopment agency with the amount actually spent for the cost of production, improvement, or preservation of low income housing. Eligible costs include salaries, wages and related costs of agency staff, or services provided through inter -agency agreements, and agreements with contractors such as legal and consulting services. The Agency annually incurs such costs because the housing programs, adopted and budgeted, cannot be implemented without staff and the necessary consultants. In 2006-2007 these costs made up only 6.97% of total expenditures for low and moderate income housing. Over the past few years, such costs have amounted to approximately Staff Report Housing Production Costs Page 2 of 2 October 11, 2007 11 % of total expenditures. The difference is primarily due to the timing of construction on various projects currently under way. Consequently, staff is recommending that the Agency Board determine that the planning and administrative expenses incurred for Fiscal Year 2006-2007 were necessary; were not disproportionate to the rest of the expenditures within the redevelopment agency; and that the expenses incurred were directly related to the Agency's production, improvement, and/or preservation of low and moderate income housing. Submitted by: JOn,eeM. Moore Director of Housing JMM:vat Approval: J tin McCarthy CM edevelopm t —11&� Carlos L. Ortda Executive Director HOUSING PRODUCTION COSTS Department Head: Dave Yrigeedevelopment/Housing Director oleu Paul S. Gibson Director of Finance apprDvf BY RDA ON Ib -0r VERIFIED BY WKI �9 Original on file with City Clerk's Office