Res 00-18H BOARD RESOLUTION 00-18 AND CERTIFICATION
LOW RENT PUBLIC HOUSING
FOR REVISED OPERATING BUDGET SUBMISSION FOR BUDGET Y/E 9/30/00
The Mound Housing Authority Board of Commissioners has
reviewed and approved the Operating Budget and has found to their
knowledge:
1. That the proposed expenditures are necessary in the
efficient and economical operation of the housing for the purpose
of serving iow-income families.
2. That the financial plan is reasonable in that it indicates
a source of funding adequate to cover all proposed expenditures.
3. It does not provide for use of Federal Funding in excess
of that payable under the Performance Funding System Regulations.
4. That all proposed rental charges and expenditures will be
consistent with revisions of law and the Annual Contributions
Contract.
5. That PHA or PHA employee reflected in the Operating Budget
not serving in a variety of positions and will not exceed a 100
percent allocation of his/her time.
Pat Meisel, Chairperson
Karol Charon, Executive Director
Operating Budget
U.S. Department of Housing
and Urban Development
Office of Public and Indian Housing
"OMB Approval No. 2577.OO26 (exp. 10/31/97)
Public reporting burden for this collection of information is estimated to average 11E hours per response, including the time for reviewing instructions, searching existing data
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of this collection of information, including suggestions for reducing this burden, to the Reports Management Officer, Office of Information Policies and Systems, U.S. Department
of Housing and Urban Development, Washington, O.C. 20410.3600 and to the Office of Management and Budget, Paperwork Reduction Project (2577.0026), Washington, D.C.
20503. Do not send this completed form to either of the above addresses.
a.~(.~ of Submission b. Fiscal Year Ending
L_a original [] Revision No.: #1 09/30/00
e. Name of Public Housing Agency/indian Housing Authority (PHA/IHA) MOUND HOUSING AUTHORITY
c. No. of months (check one)
[] 12 mo. E~Other (specif)')
f. Address (city. State, zip code)
2020 COMMERCE BOULEVARD
MOUND MN 55364
g'C-858ACC Number h. MN074001PAS/LOCCS Project NO.
id. ~.p~of HUD assisted project(s)
0! ~ PHA/IHA.Owned Rental Housing
02 ,J IHA Owned Mutual Help Homeownership
03P=='~L.__J PHA/tHA Leased Rental Housing
04 [---]PHA/IHA Owned Turnkey III Homeownership
05 L__JPHA/IHA Leased Homeownership
HUD Field Office
MINNEAPOLIS
form HUD-52564 (3/95)
Previous editions are obsolete Page I of 4 'ref. Handbook 7475.1
j. NO. of Dwelling Units49 k. NO.AvailableOf Unit Months 588 m. No. of Projects
Actual [] Estimates
Last Fiscal E~or ActuaI Requested BudFet Estimates
Yr. Current Budget Yr. PHA/[HA Estimates HUD Modifications
Line Acct. 1999 09/30/00 Arr~unt Amount
No. No. Description PUM PUM PUM (to nearest $10) PUM (to nearest $10)
(1) (2) (3) (4) (5) (6) (7)
Homebuyers Monthly Payments for:
010 7710 Operating Expense 0.00
020 7712 Earned Home Payments 0.00
030 7714 Nonrout ne Ma ntenance Reserve 0.00
040 Total Break. Even Amount (sum of lines 010, 020, and 030) 0,00 0.00 0,00 0
'~50 7716 Excess (or deficit) in Break. Even 0.00
060 7790 Homebu),ers Month y Payments: Contra 0.00
Operating Receipts
070 3110 Dwelling Rental 198.61 201.34 194.54 114,390
080 3120 Excess Utilities 1.20 1.28 1.48 870
090 3190 Nondwel ng Renta 2.04 2.04 2.04 1,200
100 Total Rental Income (sum of lines 070, 080, and 090) 201.85 204.66 198.06 116~460
110 I 3610 Interest on General Fund Investments 0.48 1.45 1.45 850
120I 3690 Other Incon ClAP TO OPERATIONS ~67202.00 0.81 0.14 114.80 67,500
130 Total Rental Income(sum of lines 100, 110, and 120) 203.14 206.25 314.30 184~810
Operating Expenditures - Administration:
140 41t0 Administrative Salaries 25.44 25.70 26.29 15,460
150 4130 Legal Expense 0.00
160 4140 Staff Training 0.85 500
170 4150 'ravel 2.58 1.36 1.36 800
180 4170 Accounting Fees 2.45 2.21 3.06 1,800
190 4171 Auditing Fees 0.77 0.85 0.85 500
200 4190 Other Administrative Expenses 8.07 6.04 11,39 6~700
210 Total Administrative Expense (sum of line 140 thru line 200/ 39.31 36.16 43.81 25~760
Tenant Services:
220 4210 Salaries 0.00
230 4220 Recreation, Publications and Other Services 0.00
240 4230 Contract Costs, Training and Other 0.00
250 Total Tenant Services Expense (sum of lines 220~ 230, and 240/ 0.00 0.00 0.00 0
Utilities:
260 43]0 IWater 5.59 8.37 4.97 2,920
270 4320, Electricity 25.55 21.43 24~66 14,500
280 4330 ¢,as 20.39 21.04 20.97 12,330
290 4340 Fuel 0.00
300 4390 Other Utilities Expense 17.50 19.54 17,99 10~580
310 4391 Garbage 5.66 3.74 5.53 3~250
320 Total Utilities Expense (sum of line 260 thru line 310) 74.69 74.12 74.12 43~580
0.00
Name of PHA/IHA Fiscal Year Ending
MOUND HOUSING AUTHORITY 09/30/00
Actual [] Estimates
Last Fiscal E~or Actual Requested Budget Estimates
Yr, Current 8uget Yr, PHA/IHA Estimates HUD Modifications
Line Acct. ] 999 09/30/00 Amount Amount
No, No. Description , PUM PUM PUM (to nearest $10) PUM (to nearest
(1) (2) (3) (4) (5) (6) (71
Ordinary Maintenance and Operation:
330 4410 Labor 34.57 32.84 30.61 18,000
340 4420 Materials 12.66 7.77 16.28 9~570
350 44-30 Contract Costs 14.49 13.27 38.45 22.610
360 Total Ordinary Maintenance & Operation Expense (lines 330 to 350) 61.72 53.88 85.34 50~180
Protective Services:
370 4460 Labor 0.00
380 4470 Materials 0.00
390 4480 Contract Costs 0.00
400 'otal ~rotective Services Expense (sum of lines 370 to 390) 0.00 0.00 0.00 0
General Expense:
410 4510 Insurance 7.49 8.37 9.52 5,600
420 4520 Payments in Lieu of Taxes 6.36 6.53 6,19 3~640
430 4530 Terminal Leave Pa),ments 0.00
440 4540 Employee Benefits Contributions 4.58 4.47 4,47 2~630
450 4570 Collection Losses 0.19 0.00
460 4590 Other General Expense 0.00
470 Total General Expense (sum of lines 410 to 460) 18.62 19.37 20.19 11~870
480 Total Routine Expense (sum of lines 210, 250, 320~ 360r 400, and 470) 194.34 183.53 223.45 131~390
Rent for Leased Dwellings: 0.00
490 4710 Rents to Owners of Leased Dwellin~{s 0.00
500 Tota Operat n,~ Expense (sum of lines 480 and 490) 194.34 183.53 223.45 131~390
Nonroutine Expenditures:
510 4610 Extraordinary Maintenance 6.97 10.20 12.48 7~340
520 7520 Replacement of Nonexi~endable Equipment 1.93 1.12 660
530 7540 Property Betterments and Additions 0.55 1.38 810
540 Total Nonroutine Expenditures (sum Of lines 510~ 520~ and 530) 9.45 10.20 14.98 8~810
550 Total Operating Expenditures (sum of lines 500 and 540) 203.79 193.73 238,44 140~200
Prior Year Adjustments:
560 I 6010 IPrior Year Adjustments Affecting Residual Receipts 0.00
Other Expenditures:
570 Deficiency in Residual Receipts at End of Precedin~ Fiscal Yr. 0.00
580 Total Operating Expenditures, including prior year adjustments and
other expenditures (line 550 plus or minus line 560 plus line 5701 203.79 193.73 238.44 140~200
590 {esidual Receipts (or Deficit) before HUD Contributions and
~rovision for operatinl~ reserve (line 130 minus line 580) (0.65~ 12.52 75.87 44,610
HUD Contributions:
600 8010 Basic Annual Contribution Earned.Leased Proiects:Current Year 0.00
610 8011 Prior Year Adjustments · (Debit) Credit 0.00
620 Total 3asic Annual Contribution (line 600 plus or minus line 610) 0.00 0.00 0.00 0
630 8020 Contributions Earned-Op. Subsid¥:.Cur. Yr.(before year.end adj~ 14.21 0.85 0,85 500
640 Mandatory PFS Adjustments (net): 0.00
660 Other (specify): O. 00
660 Other (specifT): 0.00
670 Total Year. End Adjustments/Other (plus or minus lines 640 thru 660) 0.00 0.00 0.00 0
680 8020 Total Operating Subsidy-current year (~ine sso ,,u, o, mi,,, [in, sTo ! 4.21 0.85 0.85 500
690 Total HUD Contributions (sum of lines 620 and 680) 14.21 0.85 0.85 500
700 Residual Receipts (or Deficit) (sum of line 590 plus line 690)
Enter here and on line 810 13.56 13.37 76.72 45~110
form HUD-52564 (3/95)
Previous editions are obsolete Page 2 of 4 'ref, Handbook 7475.1
Name of PHA/IHA Fiscal Year Ending
MOUND HOUSING AUTHORITY 09/30/00
Operating Reserve PHA/IHA Estimates HUD Modifications
Part I. Maximum Operating Reserve - End of Current Budget Year
740 282], PHA/IHA-Leased Housing - Section 23 or 10(c)
50~ of Line 480, column 5~ form HUD*52564
Part II.Provision for and Estimated or Actual Operating Reserve at Fiscal Year End
780 Operating Reserve at End of Previous Fiscal Year * Actua~ for FYE (date/: ].999 5~25!
790 Provision for Operating Reserve · Current Budget Year (check one)
] Estimated for FYE
] Actual for FYE
800 Operating Reserve at End of Currant Budget Year (check one)
] Estimated for FYE
] Actual for FYE
09/30/00
5,251
810 Provision for Operating Reserve. Requested Budget Year Estimated for FYE
Enter Amount from line 700 09/30/00 45,110
820 Operating Reserve at End of Requested Budget Year Estimated for FYE
(Sum of lines 800 and 810;) 09/30/00 50r361
830 Cash Reserve Requirement* 25 % Of line 4.80
32,848
Comments
PHA / IHA Approval
Field Office Approval
Signature~~
Name
Title
Signature
Date
Date
.... form HUD-52564 (3/95)
=revious editions are obsolete Page 3 of 4 "ref. Handbook 74-75.1