Resolution Number SJCHA 21-06-01-01' RESOLUTION NO. SJCHA 21-06-01-01
A RESOLUTION OF THE SAN JUAN CAPISTRANO HOUSING
AUTHORITY ADOPTING THE FISCAL YEAR 2021-22 OPERATING
BUDGET AND AUTHORIZING APPROPRIATIONS RELATED THERETO
WHEREAS, the Proposed Fiscal Year 2021-22 Operating Budget reflects a
service level necessary to respond to the needs of the community and which is deemed
appropriate by the San Juan Capistrano Housing Authority (SJCHA); and,
WHEREAS, the SJCHA recognizes that the Proposed Budget 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 Year 2021-22 Operating Budget 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 Budget — Fiscal Year 2021-22" is hereby adopted based on the
finding that the Proposed Budget is consistent with the state's Housing Authorities Law
' (Cal. Health & Safety §§ 34200 et seq.) and supports the production of low-income
housing at an affordable housing cost in the community.
2. Total appropriations for each fund may only be increased or decreased
by the SJCHA 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 SJCHA .
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 SJCHA Executive Director may authorize transfers of funds from
account to account within any department.
b. The SJCHA Executive Director may authorize transfers of funds from
department to department within any fund equal to or less than $50,000.
c. The SJCHA Executive Director may delegate his or her authority to make
' budget transfers and adjustments.
d. The SJCHA Executive Director may authorize budget adjustments
involving offsetting revenues and expenses. The SJCHA Executive
Director may authorize increases in an appropriation for a specific I purpose where the appropriation is offset by unbudgeted revenues,
which is designated for said specific purpose.
5. All appropriations, as approved for outstanding encumbrances and
projects currently underway and remaining unexpended at June 30, 2021, as approved
by the SJCHA Executive Director or his designee, are hereby appropriated to the Fiscal
Year 2021-22 Operating Budget.
PASSED, APPROVED, AND ADOPTED this 151 day of June 2021, by the following
vote of the Commissioners of the San Juan Capistrano Housing Authority.
HOWAR HART, CHAT
ATTEST:
l
MARIA ORRIS, S CRETARY
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARIA 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. 21-06-01-01 was duly adopted by the Commissioners of the San
Juan Capistrano Housing Authority at a regular meeting thereof, held the 15' day of June
2021, by the following vote:
AYES: COMMISSIONERS: Taylor, Farias, Bourne and Chair Hart
NOES COMMISSIONERS: None
ABSENT: COMMISSIONERS: Reeve
dor
MART ORRIS. HOUSING AUTHORITY SECRETARY
i
SAN JUAN CAPISTRANO HOUSING AUTHORITY
HOUSING AUTHORITY ADMINISTRATION FUND
FISCAL YEAR 2021/22
Percent
ACTUAL AMENDED PROPOSED Change From
Description 2019/20 2020/21"1 2021/22 Prior Year
PROJECTED REVENUE AND OTHER SOURCES
Rental Income
Investment Interest
Interest from outstanding loans receivable
ESTIMATED EXPENDITURES AND OTHER USES
Board Stipends
Legal Notices
Legal Services
Financial Services
Annual Conferences
Office Supplies
Housing Administrative Charges
$ 4,112 $ 4,100 $ 4,100 0%
26,567 20,000 20,000 0%
, cn nnn r*
2,500
3,000
3,000
0%
-
-
200
**
4,615
1,000
1,300
30%
3,693
4,550
7,200
58%
120
100
100
0%
-
500
500
0%
41,907
34,790
15,715
-55%
")Per the City's 2020/21 Second Quarter Financial Report that was approved by the City Council on March 2, 2021.
EXHIBIT A - Page 1 of 3
SAN JUAN CAPISTRANO HOUSING AUTHORITY
LITTLE HOLLYWOOD RENTAL HOUSING FUND
FISCAL YEAR 2021/22
Percent
ACTUAL AMENDED PROPOSED Change From
Description 2019/20 2020/21111 2021/22 Prior Year
PROJECTED REVENUE AND OTHER SOURCES
Rental income $ 203,009 $ 230,000 $ 230,000 0%
Miscellaneous revenue 150 100 - -100%
TOTAL -PROJECTED RE -VENUES AND OTHER SOURCES 203,159 230,100 _ '230,000 0%
ESTIMATED EXPENDITURES AND OTHER USES
Management Services
140,531
150,000
150,000
0%
Grounds and Building Maintenance
22,328
23,000
23,000
0%
Building Improvements
47,199
25,000
25,000
0%
Legal Services
3,315
5,000
5,000
0%
Utilities
3,671
3,600
3,600
0%
Housing Administrative Charges
18,110
27,240
24,615
-10%
I�1Per the City's 2020/21 Second Quarter Financial Report that was approved by the City Council on March 2, 2021.
EXHIBIT A - Page 2 of 3
SAN JUAN CAPISTRANO HOUSING AUTHORITY
' SUCCESSOR AGENCY HOUSING BONDS FUND
FISCAL YEAR 2021/22
Percent
ACTUAL AMENDED PROPOSED Change From
Description 2019/20 2020/211') 2021/22 Prior Year
PROJECTED REVENUE AND OTHER SOURCES
Investment Interest $ 141,632 $ 30,000 $ 30,000 0%
Interest from outstanding loans receivable 30,000 - - __
jTOTAL-'PROJECTED REVENUES AND'OTHER SOURCES, _i . 171,632,x.. 30,000 —
0%
ESTIMATED EXPENDITURES AND OTHER USES
"'Per the City's 2020/21 Second Quarter Financial Report that was approved by the City Council on March 2, 2021.
EXHIBIT A - Page 3 of 3