HA Resolution 2015-001RESOLUTION NO. HA 2015 - 001
A RESOLUTION OF THE LA QUINTA HOUSING AUTHORITY
APPROVING A BUDGET FOR FISCAL YEAR 2015/2016
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 2015/2016 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 onl upon HousingAuthorityapproval.
:.
C. Transfers of budgeted appropriations between accounts within a divisiorior
capital project may be made with the approval of the 6Xec.ufivebitec.-Cor'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 2015-001
Budget Approval FY 201512016
Adopted. June 16, 2015
Page 2
SECTION 3. 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 16th day of June, 2015, by the following vote:
AYES: Authority Members Evans, Franklin, Osborne, Radi, Chair Pena
NOES: None
ABSENT: None
ABSTAIN: None
JOHN -POA, Ch 'rperson
La Quinta Housing Authority
ATTEST:
SUSAN MAYSELS, Secret
La.Q.uihta Housing Authority
- (AYTK0R11T SEAQ171)
APPROVED AS'TO FORM:
WILLIAM IHRKE, Authority Counsel
La Quints Housing Authority