HA Resolution 2021-003 Budget FY 2021-22RESOLUTION NO. HA 2021 – 003
A RESOLUTION OF THE HOUSING AUTHORITY OF
THE CITY OF LA QUINTA, CALIFORNIA,
APPROVING FISCAL YEAR 2021/22 BUDGET
WHEREAS, each year the La Quinta Housing Authority adopts a Budget
for Revenues and Expenditures for the upcoming Fiscal Year; and
WHEREAS, the Housing Authority desires to make provisions for a level
of services commensurate with the needs of the City; and
WHEREAS, the Housing Authority has reviewed said budget and has had
several public meetings to receive public input; and
WHEREAS, the Housing Authority has, after due deliberation and
consideration, made such amendments in the proposed budget as it considers
desirable; and
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Housing
Authority to adopt, as follows:
SECTION 1. The Fiscal Year 2021/22 Budget, which is on file with the La
Quinta Housing Authority Secretary is hereby approved.
SECTION 2. Budget adjustment procedures are approved as follows:
A. Additional appropriations and the transfer of cash or unappropriated fund
balance from one fund to another shall be made only upon Housing
Authority approval.
B. Transfers of budgeted appropriations between divisions or capital projects
shall be made only upon Housing Authority approval.
C. Transfers of budgeted appropriations between accounts within a division
or capital project may be made with the approval of the Executive
Director or his designee.
D. Prior year budget continuing Appropriations and Encumbrances for
unexpended capital project appropriations remaining from uncompleted
prior year capital projects shall be made with Executive Director approval.
These carry-over appropriations are for prior year Housing Authority
approved capital projects and shall not exceed the approved project
budget.