HA Resolution 2011-005RESOLUTION NO. HA 2011-005
A RESOLUTION OF THE LA OUINTA HOUSING
AUTHORITY APPROVING A BUDGET FOR FISCAL YEAR
2011/2012
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 2011/2012 Budget which is on file with the La Quinta
Housing Authority Secretary is hereby approved.
SECTION 2. Continuing Appropriations which remain unspent and were authorized by
Council in Fiscal Year 2010/2011 are approved in the Fiscal Year 2011/2012 Budget
in an amount not to exceed $0.
SECTION 3 . 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.
Resolution No. HA 2011 -005
Approving FY 201112012 Budget
Adopted: July 5, 2011
Page 2
SECTION 4. The Executive Director shall render a monthly report to the Housing
Authority on the status of City operations as it relates to the approved budget and any
amendments thereto.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta
Housing Authority held on this 5`" day of July, 2011, by the following vote:
AYES: Authority Members Adolph, Evans, Henderson, Sniff, Chair Franklin
NOES: None
ABSENT: None
ABSTAIN: None
l
KRISTYI RANKLIN, Chairperson
La Quinta Housing Authority
ATTEST:
VF-- RONICA J. MON ECIN , CMC, SibrMary
La Quinta= Housing Authority
1AUTHORITY SEAL)
APPROVED AS TO FORM:
Authority Counsel
La Quinta Housing