Resolution Number SJCHA 14-06-23-01RESOLUTION NO. SJCHA 14-06-23-01
A RESOLUTION OF THE SAN JUAN CAPISTRANO HOUSING
AUTHORITY ADOPTING THE FISCAL YEARS 2014-2015 AND
2015-2016 OPERATING BUDGET AND AUTHORIZING
EXPENSES AND APPROPRIATIONS RELATED THERETO
WHEREAS, the Commission of the San Juan Capistrano Housing
Authority (SJCHA) held a Budget Workshop on June 23, 2014, to review the
recommendations for the Proposed Fiscal Years 2014-2015 and 2015-2016
Operating Budget; and,
WHEREAS, the Proposed Fiscal Years 2014-2015 and 2015-2016
Operating Budget reflects a service level necessary to respond to the needs of
the community and which is deemed appropriate by the Commission, and
concurrently provides a work force to fill these service needs; and,
WHEREAS, the Commission 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 Commission does hereby determine that:
1. The Proposed Fiscal Years 2014-2015 and 2015-2016 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 Years 2014-2015 and 2015-2016" are hereby adopted.
2. Total appropriations for each fund may only be increased or
decreased by the SJCHA Commission 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 Commission.
4. The following controls are hereby placed on the transfer of
budgeted funds:
a. The SJCHA Executive Director may authorize transfers of funds
from account to account within any department equal to or less
than $50,000.
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 the 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 authorization increases in an
appropriation for a specific 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, 2014,
and June 30, 2015, as approved by the SJCHA Executive Director or her
designee, are hereby appropriated to Fiscal Years 2014-2015 and 2015-2016
Operating Budget, respectively.
PASSED, APPROVED, AND ADOPTED this 23rd day of June 2014
ROY L. BY NES, M.D., CHAIR
ATTEST:
MARIA MORRIS, SECRETARY
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 Resolution No. SJCHA 14-06-23-01 was duly adopted by the Commissioners
of the San Juan Capistrano Housing Authority at a adjourned regular meeting thereof,
held the 23rd day of June 2014, by the following vote:
AYES: COMMISSIONERS: Allevato, Kramer, Taylor, Reeve and Chairman Byrnes
NOES: COMMISSIONERS: None
ABSENT: COMMISSIONERS: None
'�.)Deaf-44
M RIA MORRI ,-Ho sing Authority Secref�ry
San Juan Capistrano Housing Authority
HOUSING AUTHORITY ADMINISTRATION FUND
FY 2014/2016
Description
PROJECTED REVENUE AND OTHER SOURCES
Rental income
Investment interest
Interest from outstanding loans receivable
Transfer From Little Hollywood Rental Administration Fund
TOTAL- PROJECTED REVENUES AND OTHERSOURCES
ESTIMATED EXPENDITURES AND OTHER USES
Board Stipends
Legal Services
Financial Services
Appraisal/Title/Broker Services
Management Services
Office Supplies
Miscellaneous
Depreciation
Housing Administrative Charges
The Groves Administrative Charges
Rental Subsidy Program
CONTRIBUTIONS FROM (TO) RESERVES
Percent Percent
Actual Amended Proposed Change From Proposed Change From
2012/13 2013/14 2014/15 Prior Year 2015/16 Prior Year
$ - $
66,000 $
48,000
-27%
$ 39,900
-17%
58
1,000
2,000
100%
2,000
**
160,415
155,000
156,000
1%
155,000
-1%
-
100,000
5,975
-94%
-
**
$ 160,4`3 $
322,000 $
211,975
-34%
$' " 196,900
i*r
- $
3,000
3,000
**
3,000
**
2,313
4,615
2,650
-43%
2,650
**
1,500
1,600
7%
1,600
**
1,000
-
-100%
-
**
61,250
30,020
-51%
30,020
**
1,000
-
-100%
-
**
-
350
100
-71%
100
**
97,604
-
-
**
**
-
55,875
31,240
-44%
31,665
1%
-
7,650
17,725
132%
17,965
1%
1,500
162,840
125,640
-23%
104,830
-17%
01,417 $
299,080 $
211,975
-29% $
191,830
•10%
Transfers from (to) reserves
Investment in Capital Assets $ 142,067 $ - $ $
CHANGE IN AVAILABLE FUND BALANCE $ 201,123 $ 22,920 $ $ 5,070
AVAILABLE FUND BALANCE, JULY 1 58,849 259,972 282,892 X82,892 ;4 r ,•„
EXHIBIT A -Pagel of 2
San Juan Capistrano Housing Authority
LITTLE HOLLYWOOD RENTAL HOUSING FUND
FY 2014/2016
CONTRIBUTIONS FROM (TO) RESERVES
Transfers from (to) reserves $ - $ $ $
EXHIBIT A - Page 2 of 2
Percent
Percent
Actual
Amended
Proposed
Change From
Proposed
Change From
Description
2012/13
2013/14
2014/15
Prior Year
2015/16
Prior Year
PROJECTED REVENUE AND OTHER SOURCES
Rental income
$ 226,974
$ 192,000
$ 213,000
11% $
224,000
5%
**
Miscellaneous revenue
70TA1- PROJECTED. REVENUES AND i7THER SOURCES
100
$ 227,074
$ " 192,OOD
$ 213,000
*'
zl% $
„' 224,600
ESTIMATED EXPENDITURES AND OTHER USES
Board Stipends
$ 2,850
$
$
"* $
**
**
Legal Services
4,458
-
-
**
Grounds and Building Maintenance
17,888
22,400
26,800
20%
22,800
-15%
Building Improvements
24,030
23,000
16,000
-30%
16,000
**
**
Miscellaneous
3,935
-
-
**
Housing Administrative Charges
25,721
6,035
9,330
55%
9,460
**
**
The Groves Administrative Charges
1,741
-
-
**
Management Services
49,145
97,940
98,995
1%
98,995
**
Electricity
582
600
600
**
600
**
Gas
107
125
100
-20%
100
**
Water
3,410
3,000
3,000
**
3,000
**
Transfer to Housing Authority Administration Fund
-
100,000
5,975
94%
**
CONTRIBUTIONS FROM (TO) RESERVES
Transfers from (to) reserves $ - $ $ $
EXHIBIT A - Page 2 of 2