HA Resolution 2016-001RESOLUTION NO. HA 2016 - 001
A RESOLUTION OF THE LA QUINTA HOUSING AUTHORITY
APPROVING A BUDGET FOR FISCAL YEAR 2016/2017
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 2016/2017 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 2016-001
Budget Approval FY 2016/2017
Adopted: June 21, 2016
Page 2 of 2
PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta Housing
Authority held on this 21st day of June, 2016, by the following vote:
AYES: Authority Members Evans, Franklin, Osborne, Pena, Chair Radi
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
RO
La
airperson
Authority
SUSAN MAYSELS, Secretar
La Quinta Housing Authority
(AUTHORITY SEAL)
APPROVED AS TO FORM:
uinta Hous
lN•
WILLIAM IHRKE, Attorney
La Quinta Housing Authority