HA Resolution 2019-002 Budget FY 2019-002RESOLUTION NO. HA 2019-002
A RESOLUTION OF THE LA QUINTA HOUSING
AUTHORITY APPROVING A BUDGET FOR FISCAL
YEAR 2019/20
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 2019/20 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.
Vendor/Program Account Number Description Amount
Washington Street Apts Rehabilition Project 248-9102-60103 Professional Services 145,000
Washington Street Apts Rehabilition Project 248-9102-60159 Relocation Benefits 250,000
Affordable Housing Programs 249-0000-80050 Affordable Housing Project
Assessments 40,000
TOTAL CARRYOVERS 435,000$
Continuing Appropriations/Carryovers from 2018/19 to 2019/20
NOTE: All carryovers are estimates based on projected invoices to end 2018/19. Upon completion of the final audit
(October 2019), Finance will verify account balances and carryover remaining funds. In no event shall a carryover
exceed the per account amount noted above.
RESOLUTION NO. HA 2019-002
EXHIBIT A
Resolution No. HA 2019 – 002
Reclassifications/Positions
Adopted: June 18, 2019