Resolution Number SJCHA 18-06-11-01I .
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SJCHA RESOLUTION NO. 18-06-11-01
A RESOLUTION OF THE SAN JUAN CAPISTRANO HOUSING
AUTHORITY ADOPTING THE FISCAL YEARS 2018-19 AND 2019-20
OPERATING BUDGETS AND AUTHORIZING APPROPRIATIONS
RELATED THERETO
WHEREAS, the San Juan Capistrano Housing Authority (Housing Authority)
held a Budget Workshop on May 7, 2018, to review recommendations for the Proposed
Fiscal Years 2018-19 and 2019-20 Operating Budgets; and,
WHEREAS, the Proposed Fiscal Years 2018-19 and 2019-20 Operating
Budgets reflect a service level necessary to respond to the needs of the community and
which are deemed appropriate by the Housing Authority, and concurrently provide a work
force to fill these service needs; and,
WHEREAS, the Housing Authority recognizes that the Proposed Budgets
will require adjustments from time to time, and accordingly, the SJCHA Executive Director
is authorized to execute necessary transfers to carry out the scope of services as
approved.
NOW, THEREFORE, BE IT RESOLVED, that the San Juan Capistrano
Housing Authority does hereby determine that:
1. The Proposed Fiscal Years 2018-19 and 2019-20 Operating Budgets in
accordance with Exhibit A attached hereto and incorporated by reference herein and as
detailed in the Budget Document on file with the SJCHA Secretary's Office entitled "City
of San Juan Capistrano Proposed Budgets-Fiscal Years 2018-19 and 2019-20" are
hereby adopted.
2. Total appropriations for each fund may only be increased or decreased
by the Housing Authority by amending the budget except as provided herein.
3. The legal level of budgetary control is at the fund level. Budgets may not
legally be exceeded at the fund level without appropriate authorization by the Housing
Authority. Budgeted amounts for individual classifications within a fund may be exceeded
as long as the total annual budget for that fund is not exceeded.
funds:
4. The following controls are hereby placed on the transfer of budgeted
a. The Housing Authority Executive Director may authorize transfers of
funds from account to account within any department equal to or less
than $50,000.
b. The Housing Authority Executive Director may authorize transfers of
funds from department to department within any fund equal to or less
than $50,000 .
1 6/1112018
c. The Housing Authority Executive Director may delegate the authority to
make budget transfers and adjustments equal to or less than $10,000.
d . The Housing Authority Executive Director may authorize budget
adjustments involving offsetting revenues and expenses. T he Housing
Authority Executive Director may authorize increases in an appropriation
for a specific purpose where the appropriation is offset by unbudgeted
revenues , which are designated for said specific purpose.
5 . All appropriations, as approved for outstanding encumbrances and
projects currently underway and remaining unexpended at June 30 , 2018, and June 30 ,
2019, as approved by the Housing Authority Executive Director or his designee , are
hereby appropriated to the Fiscal Years 2018-19 and 2019-20 Operating Budgets,
respectively .
PASSE D , APPRO VED , AN D A DOPTED this 11th day of June 2018.
MARIA MORRIS , SECRETARY
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
C ITY OF SAN JUAN CAP ISTRANO
I, MAR IA MORRIS, appointed Housing Authority Secretary of the San Juan Capistrano
Housing Authority of the City of San Juan Capistrano , do hereby certify that the foregoing
SJCHA Resolution No. 18-06-11-01 was duly adopted by the Commissioners of the
San Juan Capistrano Housing Authority at a adjourned regu lar meeting thereof, held the
11th day of June 2018 , by the following vote :
AYES : COMMISSIONERS : Farias , Maryott, Patterson , Reeve and Chair Ferguson
NOES COMM ISSIONERS : None
ABSENT : COMMISSIONERS : None
M£1: ~:R~~G ~HORITY SECRETARY
2 6/11 /2 018
San Juan Capistra no Housing Auth ority
HOUS ING AUTHORITY ADMINIST RATION FUND
FI SCAL YEARS 2018/19 AND 2019 /20
Percent Percent
ACTUAL
2016/17
AMENDED PROPOSED Change From PROPOSED Change From
Description 2017/18 111 2018/19 Prior Year 2019/20 Prior Year
PROJECT ED REVENUE AND OTHER SOURCES
Re ntal Incom e
Investme nt Inte r es t
Interest from o utsta nding loans r eceivable
Loan Repayments from Successor Agency
Miscellaneous Revenue
Transfer from Sewer CIP
TOTAl-PROJECTED REVENUES AND OTHER SOURCES
EST IMATED EXPENDITURES AND OTHER USE S
Board Stipends
Legal Servi ces
Financi al Services
Annua l Confe re n ces
Office Su pplies
Housing Administrative Charges
Rental Sub sidy Program
TO'TAL· ESTI MATED EXPENDITURES AND OTH ER USES
s 11,577
1,333
144,797
61,382
1,000
239,303
459,392
2,650
13,071
2,905
51
19,789
27,715
66,181
s 4,100 $
3,500
155,000
162,600
3,000
2,200
3,400
100
500
42,565
12,660
64,425
4,100
5,000
9,100
3,000
1,200
7,100
100
500
13,675
12,660
38,235
..
43%
-100% ..
-94%
••
-45%
109% ..
-68% ...
-41%
s 4,100
5,000
9,100
3 ,000
1,200
7,100
100
500
14,080
12,660
38,640
CURRENT YEAR REVENUE OVER {UNDER) $ 393,211 $ 98,175 $ (29,135) $ (29,540)
111Per the City's Fi sca l Year 2017/18 Second Quarter Financia l Report that was approved by th e Ci t y Coun cil on M a rch 6, 2018.
EXHIBIT A-Page 1 of 3
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••
••
..
3% .. ..
San Juan Capistrano Hous ing Authority
LITTLE HOLLYWOOD RENTAL HOUSING FUND
FI SCAL YEARS 2018/19 AND 2019/20
Percent Percent
ACTUAL
2016/17
AMENDED
2017/18 111
PROPOSED Change From PROPOSED Change From
Description 2018/19 Prior Year 2019/20 Prior Year
PROJECTED REVENUE AND OTHER SOURCES
Rental in come
Miscellaneous revenue --TOTAl · PROJECTED REVENUES AND OTHER SOURCES
s 204,866 $
502
20S,36S ---
ESTIMATED EXPE NDITUR ES AND OTHER USES
Management Services
Grounds and Building Maintenance
Bu ild ing Im provements
Lega l Services
Outside Con tract Services
Utilities
Housing Administrati~a rges
TOTAl· ESTIMATED E.XPENDITURES AND OTHER USES
115,590
31.451
21,792
3,569
12,527
184,929
195,000 s
500
195,500
122,000
25,800
16,000
8,000
GOO
3,700
15,180
191,280
195,000
500
195,500
150,000
23,500
18,500
5,000
GOO
2,700
5,965
206,265
..
••
23%
-9%
16%
-38% ..
-27%
·61%
8%
$ 195,000
500
1~5_~:S OO
150,000
23,500
18,500
3,000
2,700
6,145
203,845
CURRENT YEAR REVENUE OVER (UNDER) EXPENDITURES $ 20.4 39 $ 4,220 $ (10,765) $ (8,34 5)
lllPer the City's Fiscal Year 2017/18 Second Quarter Financia l Report that was approved by the City Counci l on March 6, 2018.
EXHIBIT A-Page 2 of 3
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••
••
••
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-40%
·100% ..
3%
·1%
San Jua n Capis tra no Hous ing Authority
SUCCESSOR AGENCY H O USING BON DS FUND
F ISCAL YEARS 2018/19 AND 2019 /20
Pe rce nt Percent
ACTUA L
2016/17
AMENDED PROPOSED Change From PROPOSED Change From
Description 2017/18 111 2018/19 Pri o r Year 2019/20 Prior Year
PROJE CTED REV ENUE AND OTH ER SO UR CES
Inves t ment Int erest
TOTAL· PROJECTED REVENUES AND OTHER SOURC ES
ESTIMATED EXP ENDITUR ES AND OTHER US ES
Hou si ng Assist a nce Progr am
TOTAL · ESTIMATED EXPENDITURES AND OTHER USES
$ 28,079 $
28,079
25,000 $
25,000
1,000,000
1,000,000
30,000
30,000
20% $
20%
·100%
-100%
30,000
30,000
CURRENT YEAR REVENUE OVER (UNDER) EXPENDITURES $ 28,079 $ (975,000) $ 30,000 $ 30,000
111Pe r t he Ci ty's Fi scal Year 2017/18 Seco nd Qu arte r Fi n a nci al Report t h at w as approved by t h e Ci t y Co unci l o n M a rch G, 20 18 .
EXHIB IT A -Page 3 of 3
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..