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2018 06 13 HC    Attachment 1    2018/19 PROPOSED BUDGET Housing Authority Presented May 23, 2018 EXHIBIT A 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 241 - HOUSING AUTHORITY 0000 - Undesignated (17,153.91)0.00 0.00 0.00 0.00241-0000-41900 Allocated Interest 2,750,037.96 0.00 0.00 0.00 0.00241-0000-42706 Loan Repayments 0.00 0.00 93,800.00 0.00 (93,800.00)241-0000-45000 Sale of Other Assets 0000 - Undesignated Totals:2,732,884.05 0.00 93,800.00 0.00 (93,800.00) 9101 - Housing Authority - Admin 70,218.97 20,000.00 20,000.00 35,000.00 15,000.00241-9101-41900 Allocated Interest 655.09 0.00 0.00 0.00 0.00241-9101-41915 Non-Allocated Interest 242,599.40 0.00 0.00 0.00 0.00241-9101-43504 2nd Trust Deed Repayments 9101 - Housing Authority - Admin Totals:313,473.46 20,000.00 20,000.00 35,000.00 15,000.00 9102 - Housing Authority - Wash St Apts 3,113.32 0.00 0.00 0.00 0.00241-9102-41916 Non-Allocated Interest/WSA 194,072.00 614,800.00 614,800.00 0.00 (614,800.00)241-9102-42112 Rent Revenue/Tenant/WSA (3,447.68)0.00 0.00 0.00 0.00241-9102-42113 Rent Variance - WSA 8,073.48 4,200.00 4,200.00 0.00 (4,200.00)241-9102-42302 Miscellaneous Revenue/WSA 433,192.00 0.00 0.00 0.00 0.00241-9102-43520 Federal Government Assist. Prgm/WS 9102 - Housing Authority - Wash St Apts Totals:635,003.12 619,000.00 619,000.00 0.00 (619,000.00) 9103 - Housing Authority - LQRP 288,018.22 280,000.00 280,000.00 280,000.00 0.00241-9103-43502 Rent Revenue/LQRP 9103 - Housing Authority - LQRP Totals:288,018.22 280,000.00 280,000.00 280,000.00 0.00 241 - HOUSING AUTHORITY Totals:3,969,378.85 919,000.00 1,012,800.00 315,000.00 (697,800.00) (17,153.91) 0.00 0.00 0.00 0.00 2,750,037.96 0.00 0.00 0.00 0.00 0.00 0.00 93,800.00 0.00 (93,800.00) 2,732,884.05 0.00 93,800.00 0.00 (93,800.00) 70,218.97 20,000.00 20,000.00 35,000.00 15,000.00 655.09 0.00 0.00 0.00 0.00 242,599.40 0.00 0.00 0.00 0.00 313,473.46 20,000.00 20,000.00 35,000.00 15,000.00 3,113.32 0.00 0.00 0.00 0.00 194,072.00 614,800.00 614,800.00 0.00 (614,800.00) (3,447.68) 0.00 0.00 0.00 0.00 8,073.48 4,200.00 4,200.00 0.00 (4,200.00) 433,192.00 0.00 0.00 0.00 0.00 635,003.12 619,000.00 619,000.00 0.00 (619,000.00) 288,018.22 280,000.00 280,000.00 280,000.00 0.00 288,018.22 280,000.00 280,000.00 280,000.00 0.00 3,969,378.85 919,000.00 1,012,800.00 315,000.00 (697,800.00) CITY OF LA QUINTA HOUSING AUTHORITY REVENUE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 243 - RDA Low-Mod Housing Fund 0000 - Undesignated 0.00 0.00 0.00 8,000.00 8,000.00243-0000-41900 Allocated Interest 0000 - Undesignated Totals:0.00 0.00 0.00 8,000.00 8,000.00 243 - RDA Low-Mod Housing Fund Totals:0.00 0.00 0.00 8,000.00 8,000.00 0.00 0.00 0.00 8,000.00 8,000.00 0.00 0.00 0.00 8,000.00 8,000.00 0.00 0.00 0.00 8,000.00 8,000.00 CITY OF LA QUINTA HOUSING AUTHORITY REVENUE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 248 - SA 2004 LO/MOD BOND FUND (Refinanced in 2014) 0000 - Undesignated (11,975.78)0.00 0.00 0.00 0.00248-0000-41900 Allocated Interest 0000 - Undesignated Totals:(11,975.78)0.00 0.00 0.00 0.00 SA 2004 LO/MOD BOND FUND (Refinanced in 2014) Totals:(11,975.78)0.00 0.00 0.00 0.00 (11,975.78)0.00 0.00 0.00 0.00 (11,975.78)0.00 0.00 0.00 0.00 (11,975.78)0.00 0.00 0.00 0.00 CITY OF LA QUINTA HOUSING AUTHORITY REVENUE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016) 0000 - Undesignated 0.00 0.00 0.00 30,000.00 30,000.00249-0000-41900 Allocated Interest 13,977.17 0.00 0.00 0.00 0.00249-0000-41915 Non-Allocated Interest 0000 - Undesignated Totals:13,977.17 0.00 0.00 30,000.00 30,000.00 A 2011 LOW/MOD BOND FUND (Refinanced in 2016) Totals:13,977.17 0.00 0.00 30,000.00 30,000.00 0.00 0.00 0.00 30,000.00 30,000.00 13,977.17 0.00 0.00 0.00 0.00 13,977.17 0.00 0.00 30,000.00 30,000.00 13,977.17 0.00 0.00 30,000.00 30,000.00 CITY OF LA QUINTA HOUSING AUTHORITY REVENUE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 241 - HOUSING AUTHORITY 9101 - Housing Authority - Admin Salaries and Benefits 29,810.04 63,400.00 54,170.00 136,300.00 82,130.00241-9101-50101 Permanent Full Time 750.00 3,000.00 3,000.00 3,000.00 0.00241-9101-50110 Commissions & Boards 216.00 600.00 600.00 300.00 (300.00)241-9101-50150 Other Compensation 6,543.79 11,900.00 11,950.00 9,200.00 (2,750.00)241-9101-50200 PERS-City Portion 0.00 100.00 100.00 100.00 0.00241-9101-50210 PERS-Survivor Benefits 4,137.25 18,200.00 18,200.00 31,100.00 12,900.00241-9101-50221 Medical Insurance 56.06 0.00 0.00 0.00 0.00241-9101-50222 Vision Insurance 256.60 0.00 0.00 0.00 0.00241-9101-50223 Dental Insurance 29.95 0.00 0.00 0.00 0.00241-9101-50224 Life Insurance 291.75 700.00 700.00 3,200.00 2,500.00241-9101-50225 Long Term Disability 1,200.00 3,000.00 3,000.00 2,600.00 (400.00)241-9101-50230 Workers Comp Insurance 450.01 1,100.00 1,100.00 2,100.00 1,000.00241-9101-50240 Social Security-Medicare 68.20 0.00 0.00 0.00 0.00241-9101-50241 Social Security-FICA 50 - Salaries and Benefits Totals:43,809.65 102,000.00 92,820.00 187,900.00 95,080.00 Contract Services 61,901.25 0.00 60,000.00 65,000.00 5,000.00241-9101-60103 Professional Services 5,160.00 0.00 5,000.00 5,000.00 0.00241-9101-60106 Auditors 0.00 0.00 10,000.00 5,000.00 (5,000.00)241-9101-60125 Temporary Agency Services 32,983.78 25,000.00 25,000.00 25,000.00 0.00241-9101-60153 Attorney 950.00 0.00 0.00 0.00 0.00241-9101-60157 Rental Expenes 60 - Contract Services Totals:100,995.03 25,000.00 100,000.00 100,000.00 0.00 Maintenance & Operations 0.00 1,000.00 1,000.00 2,000.00 1,000.00241-9101-60320 Travel & Training 1,813.83 2,000.00 2,000.00 2,000.00 0.00241-9101-60420 Operating Supplies 62 - Maintenance & Operations Totals:1,813.83 3,000.00 3,000.00 4,000.00 1,000.00 Insurance 0.00 0.00 0.00 10,000.00 10,000.00241-9101-91843 Property & Crime Insurance 63 - Insurance Totals:0.00 0.00 0.00 10,000.00 10,000.00 Internal Service Charges 13,000.00 20,000.00 20,000.00 20,000.00 0.00241-9101-91844 Earthquake Insurance 0.00 8,400.00 8,400.00 18,100.00 9,700.00241-9101-98110 Information Tech Charges 69 - Internal Service Charges Totals:13,000.00 28,400.00 28,400.00 38,100.00 9,700.00 9101 - Housing Authority - Admin Totals:159,618.51 158,400.00 224,220.00 340,000.00 115,780.00 9102 - Housing Authority - Wash St Apts Contract Services 0.00 70,000.00 10,000.00 0.00 (10,000.00)241-9102-60103 Professional Services 0.00 2,500.00 0.00 0.00 0.00241-9102-60106 Auditors 7,500.00 0.00 0.00 0.00 0.00241-9102-60160 Financial Expenses 60 - Contract Services Totals:7,500.00 72,500.00 10,000.00 0.00 (10,000.00) Maintenance & Operations 423,373.77 466,100.00 466,100.00 0.00 (466,100.00)241-9102-60157 Rental Expenses 62 - Maintenance & Operations Totals:423,373.77 466,100.00 466,100.00 0.00 (466,100.00) Debt Service 107,883.46 109,100.00 109,100.00 0.00 (109,100.00)241-9102-61609 Interest Expense - Provident 17,119.89 17,000.00 17,000.00 0.00 (17,000.00)241-9102-61610 Interest Expense - USDA 45,374.98 45,300.00 45,300.00 0.00 (45,300.00)241-9102-61680 Principal Payment - Provident 21,250.35 21,200.00 21,200.00 0.00 (21,200.00)241-9102-61681 Principal Payment - USDA 67 - Debt Service Totals:191,628.68 192,600.00 192,600.00 0.00 (192,600.00) 29,810.04 63,400.00 54,170.00 136,300.00 82,130.00 750.00 3,000.00 3,000.00 3,000.00 0.00 216.00 600.00 600.00 300.00 (300.00) 6,543.79 11,900.00 11,950.00 9,200.00 (2,750.00) 0.00 100.00 100.00 100.00 0.00 4,137.25 18,200.00 18,200.00 31,100.00 12,900.00 56.06 0.00 0.00 0.00 0.00 256.60 0.00 0.00 0.00 0.00 29.95 0.00 0.00 0.00 0.00 291.75 700.00 700.00 3,200.00 2,500.00 1,200.00 3,000.00 3,000.00 2,600.00 (400.00) 450.01 1,100.00 1,100.00 2,100.00 1,000.00 68.20 0.00 0.00 0.00 0.00 43,809.65 102,000.00 92,820.00 187,900.00 95,080.00 61,901.25 0.00 60,000.00 65,000.00 5,000.00 5,160.00 0.00 5,000.00 5,000.00 0.00 0.00 0.00 10,000.00 5,000.00 (5,000.00) 32,983.78 25,000.00 25,000.00 25,000.00 0.00 950.00 0.00 0.00 0.00 0.00 100,995.03 25,000.00 100,000.00 100,000.00 0.00 0.00 1,000.00 1,000.00 2,000.00 1,000.00 1,813.83 2,000.00 2,000.00 2,000.00 0.00 1,813.83 3,000.00 3,000.00 4,000.00 1,000.00 0.00 0.00 0.00 10,000.00 10,000.00 0.00 0.00 0.00 10,000.00 10,000.00 13,000.00 20,000.00 20,000.00 20,000.00 0.00 0.00 8,400.00 8,400.00 18,100.00 9,700.00 13,000.00 28,400.00 28,400.00 38,100.00 9,700.00 159,618.51 158,400.00 224,220.00 340,000.00 115,780.00 0.00 70,000.00 10,000.00 0.00 (10,000.00) 0.00 2,500.00 0.00 0.00 0.00 7,500.00 0.00 0.00 0.00 0.00 7,500.00 72,500.00 10,000.00 0.00 (10,000.00) 423,373.77 466,100.00 466,100.00 0.00 (466,100.00) 423,373.77 466,100.00 466,100.00 0.00 (466,100.00) 107,883.46 109,100.00 109,100.00 0.00 (109,100.00) 17,119.89 17,000.00 17,000.00 0.00 (17,000.00) 45,374.98 45,300.00 45,300.00 0.00 (45,300.00) 21,250.35 21,200.00 21,200.00 0.00 (21,200.00) 191,628.68 192,600.00 192,600.00 0.00 (192,600.00) CITY OF LA QUINTA HOUSING AUTHORITY EXPENSE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 Capital Expenses 0.00 50,000.00 50,000.00 0.00 (50,000.00)241-9102-72100 Building Improvements 68 - Capital Expenses Totals:0.00 50,000.00 50,000.00 0.00 (50,000.00) 9102 - Housing Authority - Wash St Apts Totals:622,502.45 781,200.00 718,700.00 0.00 (718,700.00) 9103 - Housing Authority - LQRP Contract Services 0.00 2,500.00 0.00 0.00 0.00241-9103-60106 Auditors 60 - Contract Services Totals:0.00 2,500.00 0.00 0.00 0.00 Maintenance & Operations 256,545.13 250,000.00 250,000.00 255,000.00 5,000.00241-9103-60157 Rental Expenses 62 - Maintenance & Operations Totals:256,545.13 250,000.00 250,000.00 255,000.00 5,000.00 9103 - Housing Authority - LQRP Totals:256,545.13 252,500.00 250,000.00 255,000.00 5,000.00 241 - HOUSING AUTHORITY Totals:1,038,666.09 1,192,100.00 1,192,920.00 595,000.00 (597,920.00) 0.00 50,000.00 50,000.00 0.00 (50,000.00) 0.00 50,000.00 50,000.00 0.00 (50,000.00) 622,502.45 781,200.00 718,700.00 0.00 (718,700.00) 0.00 2,500.00 0.00 0.00 0.00 0.00 2,500.00 0.00 0.00 0.00 256,545.13 250,000.00 250,000.00 255,000.00 5,000.00 256,545.13 250,000.00 250,000.00 255,000.00 5,000.00 256,545.13 252,500.00 250,000.00 255,000.00 5,000.00 1,038,666.09 1,192,100.00 1,192,920.00 595,000.00 (597,920.00) CITY OF LA QUINTA HOUSING AUTHORITY EXPENSE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 243 - RDA Low-Mod Housing Fund 0000 - Undesignated Other Expenses 0.00 0.00 259,000.00 250,000.00 (9,000.00)243-0000-60532 Homelessness Assistance 64 - Other Expenses Totals:0.00 0.00 259,000.00 250,000.00 (9,000.00) 0000 - Undesignated Totals:0.00 0.00 259,000.00 250,000.00 (9,000.00) 243 - RDA Low-Mod Housing Fund Totals:0.00 0.00 259,000.00 250,000.00 (9,000.00) 0.00 0.00 259,000.00 250,000.00 (9,000.00) 0.00 0.00 259,000.00 250,000.00 (9,000.00) 0.00 0.00 259,000.00 250,000.00 (9,000.00) 0.00 0.00 259,000.00 250,000.00 (9,000.00) CITY OF LA QUINTA HOUSING AUTHORITY EXPENSE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 248 - SA 2004 LO/MOD BOND FUND (Refinanced in 2014) 9102 - Housing Authority - Wash St Apts Contract Services 0.00 145,000.00 145,000.00 0.00 (145,000.00)248-9102-60103 Professional Services 0.00 229,700.00 229,700.00 0.00 (229,700.00)248-9102-60159 Relocation Benefits 363,507.86 330,200.00 330,200.00 0.00 (330,200.00)248-9102-60185 Design/Construction 0.00 1,000,000.00 1,000,000.00 0.00 (1,000,000.00)248-9102-60198 Planning & Development 60 - Contract Services Totals:363,507.86 1,704,900.00 1,704,900.00 0.00 (1,704,900.00) 9102 - Housing Authority - Wash St Apts Totals:363,507.86 1,704,900.00 1,704,900.00 0.00 (1,704,900.00) SA 2004 LO/MOD BOND FUND (Refinanced in 2014) Totals:363,507.86 1,704,900.00 1,704,900.00 0.00 (1,704,900.00) 0.00 145,000.00 145,000.00 0.00 (145,000.00) 0.00 229,700.00 229,700.00 0.00 (229,700.00) 363,507.86 330,200.00 330,200.00 0.00 (330,200.00) 0.00 1,000,000.00 1,000,000.00 0.00 (1,000,000.00) 363,507.86 1,704,900.00 1,704,900.00 0.00 (1,704,900.00) 363,507.86 1,704,900.00 1,704,900.00 0.00 (1,704,900.00) 363,507.86 1,704,900.00 1,704,900.00 0.00 (1,704,900.00) CITY OF LA QUINTA HOUSING AUTHORITY EXPENSE DETAILS BY FUND 2018/19 PROPOSED BUDGET 2016/17 Actual Expenses 2017/18 Original Budget 2017/18 Current Budget 2018/19 Proposed Budget 18/19 vs Current 17/18 249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016) 0000 - Undesignated Contract Services 250.00 0.00 0.00 0.00 0.00249-0000-60103 Professional Services 60 - Contract Services Totals:250.00 0.00 0.00 0.00 0.00 0000 - Undesignated Totals:250.00 0.00 0.00 0.00 0.00 9102 - Housing Authority - Wash St Apts Contract Services 0.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00)249-9102-60188 Construction 60 - Contract Services Totals:0.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00) 9102 - Housing Authority - Wash St Apts Totals:0.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00) A 2011 LOW/MOD BOND FUND (Refinanced in 2016) Totals:250.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00) 250.00 0.00 0.00 0.00 0.00 250.00 0.00 0.00 0.00 0.00 250.00 0.00 0.00 0.00 0.00 0.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00) 0.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00) 0.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00) 250.00 9,400,000.00 9,400,000.00 0.00 (9,400,000.00) CITY OF LA QUINTA HOUSING AUTHORITY EXPENSE DETAILS BY FUND 2018/19 PROPOSED BUDGET