HA Resolution 2024-001 Budget FY 2024-25RESOLUTION NO. HA 2024 —001
A RESOLUTION OF THE HOUSING AUTHORITY OF THE
CITY OF LA QUINTA, CALIFORNIA, APPROVING FISCAL
YEAR 2024/25 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 to the proposed budget as it considers desirable.
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Housing Authority to
adopt, as follows:
SECTION 1. The Fiscal Year 2024/25 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.
SECTION 3. The Executive Director shall render a monthly report on the status of
City operations as it relates to the approved budget and any amendments thereto.
Resolution No. HA 2024 - 001
Budget Approval FY 2024/25
Adopted: June 18, 2024
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PASSED, APPROVED, and ADOPTED at a special meeting of the La Quinta Housing
Authority held on this 18th day of June 2024, by the following vote:
AYES: Authority Members Evans, McGarrey, Pena, Sanchez, and Chairperson
Fitzpatrick
NOES: None
ABSENT: None
ABSTAIN: None
KATHLEEN FITZPATRICK)Clhairperson
La Quinta Housing Author' y, California
ATTEST:
MONIKA RADEVA, A tho 't Secretary
La Quinta Housing Authority, California
(AUTHORITY SEAL)
APPROVED AS TO FORM:
WILLIAM H. IHRKE, Authority Attorney
La Quinta Housing Authority, California