HomeMy WebLinkAboutMINUTES - 07231996 - C75 HOUSING A UTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Richard J. Martinez,Executive Director
DATE: July 23, 1996
SUBJECT: ADOPT RESOLUTION APPROVING CONVENTIONAL PUBLIC HOUSING PROGRAM
OPERATING BUDGET FOR FISCAL YEAR ENDING MARCH 31, 1997
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
I. RECOMMENDED ACTION:
ADOPT Resolution No. 3782 indicating review and approval of the 1996/97 Operating Budget for the LHA
Owned Rental Housing Properties,as recommended by the Advisory Housing Commission.
II. FINANCIAL IMPACT:
The total operating expense for the 1996/97 budget is estimated at$4,650,980,with operating subsidy from
HUD calculated at$2,256,874 which includes the funding at 89%and the mandatory year end adjustments for the fiscal year
ended March 31, 1996.
III. REASONS FOR RECOMMENDATIONBACKGROUND
Overall,the 1996/97 Operating Budget for the Housing Authority's conventional public housing program is a balanced
budget as it would provide for$145,624 in the Public Housing Operating Reserve. By March 31, 1997,the Public Housing
Operating Reserve would be$1,419,784. Some of the other major points concerning this budget include:
1. The total operating expense for the 1996/97 Public Housing Budget is estimated at$4,650,980 and represents
an increase of$121,879 from the 95/96 actual amount of$4,529,101.
2. The average rent paid per public housing family is expected to increase to$179.88 per month from the actual
amount for 95/96 of$172.66. This amount is based on the rent roll as of 4/1/96 and reflects the applicable
PFS calculations.
3. The public housing operating subsidy from HUD is calculated at$2,256,874 which includes the funding at
89%and the mandatory year end adjustments for the fiscal year ended 3/31/96.
4. A total of$60,000 has been budgeted to complete extraordinary maintenance work items and casualty losses as
needed throughout the budget year.
5. A total of$65,000 has been budgeted for replacement of equipment and betterments and additions as needed
during the fiscal year. This includes the replacement of ranges and refrigerators as well as office and
maintenance equipment.
On July 15, 1996 the Budget Committee of the Advisory Housing Commission met to review the proposed 1996/97
operating budget and recommended its approval by the Advisory Housing Commission. At its Regular Meeting on Monday,
July 15, 1996 the Advisory Housing Commission voted to recommend adoption of Resolution No. 3782 adopting the operating
budget for the fiscal year ending March 31, 1997 for the Conventional Housing Program.
IV. CONSEQUENCES OF NEGATIVE ACTION:
Should the Board of Commissioners elect to not adopt the Resolution No. 3782 adopting the Operating Budget for the
fiscal year ending March 31, 1997,the Housing Authority would not be eligible for HUD operating subsidies for Fiscal Year
1996/97 and would be in violation of HUD mandated budget procedures.
CONTINUED ON ATTACHMENT: YES SIGNATURE
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON July 23, 1996 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
COMMISSIONERS ON THE DATE SHOWN.
ATTESTED July 23, 1996
PHIL BATCHELOR,CLERK OF
THE BOARD OF COMMISSIONERS
AND COUtTy ADMIN STRATOR
BY DEPUTY
Operating Budget U.S. Department of Housing all
and Urban Development
Office of Public and Indian Housing
OMB Approval No. 2577-0026(exp. 10/31/97
Public reporting burden for this collection of information is estimated to average 116 hours per response, including the time for reviewing instructions, searching existing dal
sources,gathering and maintaining the data needed,and completing and reviewing the collection of information.Send comments regarding this burden estimate or any other aspec
of this collection of information,including suggestions for reducing this burden,to the Reports Management Officer, Office of Information Policies and Systems, U.S. Departmen
of Housing and Urban Development,Washington,D.C.20410-3600 and to the Office of Management and Budget,Paperwork Reduction Project(2577-0026),Washington,D.C.
20503.Do not send this com feted form to either of the above addresses.
a.Type of Submission b.Fiscal Year Ending 7 c.No.of months(check one) d.Type of HUD assisted project(s)
xx Original Revision No. March 31,1997 x 12 mo. other(specify) 01 [X J PHA/IHA-Owned Rental Housing
e.Name of Public Housing Agency/Indian Housing Authority(PHA/IHA) 02[ J IHA-Owned Mutual Help Homeownership
Housing Authority of the County of Contra Costa 03[ ] PHAPHA-Leased Rental Housing
L Address(city,State,pp code) 04[ J PHA/IHA-Owned Turnkey III Homeownership
P.O. BOX 2759, 3133 Estudillo Street 05[ ] PHAPHA Leased Homeownership
Martinez CA 94553
9.ACC Number h.PAS/LOCCS Project No. I.HUD Field Office
SF-182 ICIA1011 11101119 71MI Isan71M Francisco CA
j.No.of Dwelling Units k.No.of Unit Months m.No.of Projects
Available
13.476
1.123 14
Actuals [ ] Estimates
Last Fiscal [ ]or Actual Requested Budtiet Estimates
Yr. Current Budget PHA/IHA Estimates HUD Modifications
Line Acct 1996 Amount Amount
No. No. Description PUM PUM PUM (to nearest$10) PUM (to nearest$10
1 2 3 4 6
Homebuyers Monthly Payments For:
010 7710 1 Operating Expenses
020 7712 Earned Home Payments
030 7714 1 Nonroutine Maintenance Reserve
040 Total Break-Even Amount(sum of lines 010,020,and 030)
050 7716 Excess(Deficit)In Break-Even Amount
060 7790 Homebuyers Monthly Payments(Contra)
Operating Receipts
070 3110 Dwelling Rentals 172.66 179.88 2,424,060
080 3120 Excess Utilities 1.77 1.77 23,850
090 3190 Nondwelling Rentals 1.90 1.91 25,780
�0 Total Rental income(sum of fines 070,080,and 090) 176.33 183.56 2,473,690
110 3610 Interest on Gen Fund Investments 0.72 2.09 28,160
120 3690 Other Operating Receipts 2.79 2.81 37,880
130 Total Operating Income(sum of lines 100,110,and 120) 179.84 188.46 2,539,730
Operating Expenditures-Administration:
140 4110 Administrative Salaries 25.17 27.84 375,180
150 4130 Legal Expense
160 4140 Staff Training 0.14 0.15 2,080
170 4150 Travel 0.68 0.92 12,400
180 4170 Accounting Fees
190 1 4171 lAuditing Fees 0.14 0.15 1,960
200 1 4190 Other Administrative Expenses 9.86 10.65 143,530
210 trotall Administrative Expense(sum of line 140 thru line 200) 35.99 39.71 535,150
Tenant Services:
220 4210 Salaries 1.88 25,330
230 4220 Recreation,Publications and Other services 0.72 1.00 13,500
240 4230 Contract Costs,Training and Other 1.11 1.11 15,000
250 Total Tenant Services Expense (sum of Imes 220,230, and 240) 1.83 3.99 53,830
Utilities•
260 4310 Water 23.55 21.11 284,540
270 4320 Electricity 25.12 24.89 335,480
280 4330 Gas 3.06 4.07 54,910
290 4340 Fuel
300 4350 Labor 0.10 0.14 1,850
310 4390 Other utilities expense 12.051 12.54168,990
320 Total Utilities Expense(sum of line 260 thru 5ne 310) 63.881 62.76 845,770
form HUD-52564(3195
Previous editions are obsolete Page 1 of 4 ref.Handbook 7475.
Name of PHA/IMA Fiscal Year Ending
Housinci Auth ritv of the County of Contra Costa March 31 1997
Actuals [ ] Estimates
Last Fiscal [ ]or Actual Requested Bud et Estimates
Yr. Current Budget PHA/IHA Estimates HUD Modifications
Line Acct. 1996 Amount Amount
No. No. Description PUM PUM PUM (to nearest$10) PUM (to nearest$10
1 2 3 4 5 6
Ordinary Maintenance and Operation
330 4410 ILabor 69.59 83.74 1,128,480
340 4420 Materials 32.22 26.71 360,000
350 4430 Contract Costs 49.89 38.83 523,340
360Total Ordinary Maintenance&Operation Expense(lines 330 to 350) 151.70 149.29 2,011,820
Protective Services
370 4460 Labor
380 ' 4470 Materials
390 4480 Contract Costs 0.60 0.51 6,880
400 Total Protective Services Expense(sum of lines 370 to 390) 0.60 0.51 6,880
General Expense:
410 4510 Insurance 25.22 27.74 373,860
420 4520 Payments in Lieu of Taxes 3.64 3.75 50,530
430 4530 Terminal Leave Payments 0.68 0.69 9,250
440 4540 Employee Benefit Contributions 37.98 43.77 589,810
450 4570 Collection Losses 2.55 3.60 48,480
460 4590 1 Other General Expense 0.09 0.04 600
470 Total General Expense(sum of lines 410 t0 460) 70.16 79.59 1,072,530
480 Total Routine Expense(sum of lines 210,250,320,360,400,and 470) 324.16 335.85 4,525,980
Rent for Leased Dwellings:
490 4710 1 Rents to Owners of Leased Dwellings
500 Total Operating Expense(sum of lines 480 and 490) 324.16 335.85 4,525,980
Nonroutine Expenditures:
510 4610 Extraordinary Maintenance&Casualty Loss 2.32 4.45 60,000
520 7520 Replacement of Nonexpendable Equipment 6.39 4.45 60,000
530 7540 Property Betterments and Additions 0.40 0.371 5,000
540 Total Nonroutine Expenditures(sum of fines 510,520,and 530) 9.11 9.281 125,000
550 Total Operating Expenditures(sum of lines 500 and 540) 333.27 345.13 4,650,980
-i for Year Adjustments:
560 6010 1 Prior Year Adjustments Affecting Residual Receipts 0.42
Other Expenditures-
570 1 Deficiency in Residual Receipts at End of Preceding Fiscal Yr.
580 Total Operating Expenditures, including prior year adjustments and
other expenditures (fine 550 plus or minus line 560 plus line 570) 333.69 345.13 4,650,980
590 Residual Re,eipts(or Deficit)before HUD Contributions and
provision for operating reserve(line 130 minus line 580) (153.85) (156.67) (2,111,250)
HUD Contributions-
600 8010 Basic Annual Contribution Earned-Leased Projects:Current Year
610 8011 1 Prior Year Adjustments-(Debit)Credit
620 Total Basic Annual Contribution pine 600 plus or minus One 610)
530 8020 Contributions Earned-Op.Sub:-Cur.Yr.(before year-end ad)) 174.32 1 183.61 2,474,299
640 Mandatory PFS Adjustments(net): (9.57) 1.44 19,419
650 Other(specify):Unfunded Portion due to proration (20.20) (272,173)
660 Other(specify):Incentive Adjustment per HUD Notice PIH 96-24 2.62 35,329
670 Total Year-end Adjustments/Other (plus or minus lines 840 thru 860) (9.57) (16.13) (217,425)
680 8020 ITotal Operating Subsidy-current year(line 630 plus or minus line 670) 164.75 167.47 2,256,874
890 Total HUD Contributions(sum of fines 620 and 680) 164.75 167.47 2,256,874
700 Residual Receipts(or Deficit)(sum of line 590 plus line 690)
Enter here and on line 810 10.90 10.81 145,624
form HUD-52564(3/95
Previous editions are obsolete Page 2 of 4 ref.Handbook 7475.
0- 1
Name of PHA/MA Fiscal Year Ending
Housinq Atuith rity of the County of Contra Costa March 31, 1997
Operating Reserve PHA/IHA Estimates HUD Modfications
Part I—Maximum Operating Reserve—End of Current Budget Year
740 2821 PHA/IHA—Leased Housing—Section 23 or 10(c)
50%of Line 480,column 5,form HUD-52564
Part 11—Provision for and Estimated or Actual Operating Reserve at Fiscal Year End
780 Operating Reserve at End of Previous Fiscal Year—Actual for FYE 3/31/95 1,126,383
790 Provision for Operating Reserve—Current Budget Year(check one)
[ ]Estimated for FYE
X I Actual for FYE 3/31/96 147,777
800 Operating Reserve at end of Current Budget Year(check one)
[ ]Estimated for FYE
XX I Actual far FYE 3/31/96 1,274,160
810 Provision for Operating Reserve—Requested Budget Year Estimated for FYE
Enter Amount from line 700 145,624
820 Operating Reserve at End of Requested Budget Year Estimated for FYE 3/31/97
Sum of lines 800 and 810 1,419,784
830 Cash Reserve Requirement— %of line 480
Comments
PHA/IHA Approval Name Richard J.Martinez
Title Executive nDirector
Signature Date 07/09/96
Fadd Office Approval Name
Title
Signature Date
Previous editions are obsolete form HUD-52564(3/95
Page 3 of 4 ref.Handbook 7475.
Calculation of Performance U.S. Department of Housing
Funding System Operating Subsidy and Urban Development
PHA/IHA-Owned Rental Housing Office of Public and Indian Housing
OMB Approval No.2577-0029(exp.7/31196)
Public Reporting Burden for this collection of information is estimated to average 2.5 hours per response, including the time for reviewing instructions, searching existing
data- sources, gathering and maintaining the data needed, and completing and reviewing the collection of Information. Send comments regarding this burden estimate
or any other aspect 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,D.C. 20410-3600 and to the Office of Management and Budget, Paperwork Reduction
Project(2577-0029),Washington,D.C.20503.Do not send this completed form to either o1 these addresses.
Name and Address of Public Housing Agency/Indian Housing Agency:(PHA/IHA) Budget Submission to HUD required
Housing Authority of the County of Contra Costa Type of Submission:
P.O. Box 2759, 3133 Estudii/o Street x Original
Martinez, CA 94553 Revision No:
Number of HA Units Unit Months Available: (UMAs Subject Fiscal Year. ACC Number. PAS/LOCCS Project No.: Submission Date:
1,123 13,476103/31/97 SF-182 A 0 1 1 0 1 9 7 M 07/08/96
Line Requested by PHMHA HUD Modifications
No. Description UM UM
Part A.Allowable Expenses and Additions
01 Previous allowable expense level(Line 07 of form HUD-52723 for previous fiscal year) $301.03
02a Line 01 multiplied by.005 1.51
02b Delta from form Hud-52720-B, if applicable(see instructions)
03 "Requested"year units from latest form UD-52720-
A se instructions)
ns
04 Add-ons to allowable expense level from previous fiscal year(see instructions) 0.02
05 Total of lines 01,02a,02b,and 04 302.56
06 Inflation Factor 1.0220
07 Revised allowable expense level(AEL) (line 05 times line 06) 309.22
07a Transition Funding
07b Increase to AEL
08 Allowable utilities expense level from form HLID-52722-A 62.62
[ ] Actual or [X] Estimated PUM cost of Independent Audit(IA)during subject fiscal year 0.15
10 Costs Atributabie to deprogrammed units
11 Total Allowable Expenses and Additions sum of lines 07 thru 10 $371.99
Part B. Dwelling Rental Income
of 04 0 96 201 199
I ant roll as 1
r II
2 Tota / $
of rent roll ate 0
13 Number of occupied units as d 1 85
MEE:P
14 Average monthly dwelling rental charge per unit(line 12 divided by line 13) $185.44
15 Change factor 0.00
16 Projected average monthly dwelling rental charge per unit(line 14 times line 15) 185.44
17 Projected occupancy percentage(see instructions) 97.00% %
18 Projected average monthly dwelling rental income per unit line 16 times line 17 $179.88
Part C. Non-dwelling Income
19 Estimated investment income(Ell) 2.09
20 Other income 6.49
21 Total non-dwelling income (line 19 plus line 20) 8.58
22 Total operating receipts (line 18 plus line 21) 188.46
23 PUM deficit or (Income) (line 11 minus line 22) 183.53
•::::>t..::::.:�::::::•.� :..:::: .:::::::.�::..:�::................................. eq
R nested by PHMHA HUD Modifications
tS?:''•< :`':�:: o :'•::?: ::::::::;`: 3:2? : r#`3 :: : : i:s:: ':r:::•.'::::::?:':`• :
..:... .............
lwHOLE DOLLARS HOLE D
O LLAR S
24 Deficit or Income before add-ons Line 23 times UMAs shown in heading) $2,473,250
Part D. Add-ons for changes in federal law or regulation and other eligibility
25 FICA contributions 82
26 Unemployment compensation
27 Flood insurance premiums 967
28 Total Other(specify in Remarks section)
28a
Add—on on forFamilYSelfSufficiency
Program
am
- s for Federal law or regulations
Other Ad on Fede
28b
O d
28c nit reconfiguration U co fl
n
9
28d N dwellin
on- units
9
28e
Other approved, not Federal law or regulation
ulatio
n
29 Total add-ons sum of lines 25 thru 28 1049
Previous edition is obsolete for PHA/IHA Fiscal Years Page 1 Form HUD-52723(12/94)
beginning 1/1/95 and thereafter ret.Handbook 7475.13
e -75-
Line Requested by PHA/IHA HUD Modifications
No. Description UM UM
Part E. Calculation of Operating Subsidy Eligibility Before Year—End Adjustments
30 Deficit or income before ear—end adjustments total of lines 24 and 29 2,474,299
31 1 1 Actual or X Estimated cost of Independent Audit IA during subject fiscal year 1,960
32 ' PFS operating subsidy eligibility before year—end adjustments
(greater of line 30 or line 31 If less than zero enter zero 0 2 474.299
Part F. Calculation of Operating Subsidy Approvable for Subject Fiscal Year (Note: Do not revise after the end of the subject FY)
33' Prior years'net year—end adjustments(identify individual FYs and amounts under"Remarks') 19,419
34 Additional subject fiscal year operating subsidy eligibility(specify)
35 Overobligations from prior fiscal years to be recovered in subject fiscal year ( ) ( )
36 Unfunded eligibility in prior years to be obligated in subject fiscal year
37 Other(specify) Incentive Adjustment per HUD Notice PIH 96-24 35,329
38 Other(specify)
39 Other(specify)
40 Unfunded portion due to proration (272,173)
41 Operating subsidy approvable for subject fiscal year total of lines 32 thru 40 $2,256,874
HUD Use Only Note: Do not revise after the end of the subject FY
43 Amount of operating subsidy approvable for subject fiscal year not funded
44 Amount of funds obligated in excessof operating subsidyapprovable for subject
fiscal year
year o
45
Funds obligated in subject fiscal
Y
(total of lines 41 thru 44
9 ( )
1
M
ust bathe same as line 890 o he f t Ooeratinq Bud et form HUD-52584 for the subject fiscal vear
Part G. Memorandum of Amounts Due HUD, Including Amounts on Repayment Schedules
46 Total amount due in previous fiscal year(line 49 of form HUD-52723 for previous fiscal year)
47 Total amountto be collected in subject fiscal year(identify individual amounts under"Remarks") ( ) ( )
48 Total additional amount due HUD (include any amount entered on line 44)
(identify individual amounts under"Remarks")
49 Total amount due HUD to be collected in future fiscal year(s) (Total of lines 46 thru 48)
Kldentifv individual amounts under"Remarks")
Part H. Calculation of Year—end Adjustment for Subject Fiscal Year
This part is to be completed only after the subject fiscal year has ended
50 Indicate thetYP 1 es of adjustments that t have been reflected on this form:
[
Unit Months Available
(UMAs) UtilitY Adjustment
[ ) Target Investment Inc
oma RII)
Adjustment I ) Dwellin
Rental Income
[
Adjustment of Independent Audit IA Cost Add—ons 1 1 P
Other(Specify under'Remarks.
. ..... ...............
51 -Estimated Investment Income (Ell)
52 Target Investment Income (TII)
53 Til adjustment(line 51 minus line 52)
54 Utility adjustment(line 22,form HUD-52722—B)
55 Combined utility and TII adjustment(total of lines 53 and 54)
56 Deficit or (income)after year—end adjustments (total of lines 30 and 55)
57 PFS operating subsidy eligibility after year—end adjustments (greater of line 31 or line 56)
58 Line 32 of latestform HUD-52723 approved during subject FY
(Do not use line 32 of this revision)
61 Net year—end adjustment for subject fiscal year (line 57 minus line 58)
62 Unfunded portion due to proration
63 Prorated net ear—end adjustment for subject fiscal year
I hereby certify that all the information stated herein,as well as any information provided in the accompaniment herewith, is
true and accurate.
Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties.
18 U.S.C. 1001 1010, 1012.31 U.S.C.3729, 3802
Signature of Authorized HA Representative&Date: Signature of Authorized Field Office Representative&Date:
X 07/08/96 X
Remarks
Line 33: Iscal Year Ending March 31, 1996. HUD Form 52723 Revision No.2 for fiscal year ended March 31, 1996.
Previous edition is obsolete fo form HUD-52723(12/94)
beginning 1/1/95 and thereafter Page 2 ref.Handbook 7475.13
CalcuVation of Performance U.S. Department of Housing
Funding System Operating Subsidy and Urban Development
PHA/IHA—Owned Rental Housing Office of Public and Indian Housing
OMB Approval No.2577-0029(exo.7/31/96)
Public Reporting Burden for this collection of information is estimated to average 2.5 hours per response, including the time for reviewing instructions, searching existing
dats sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Send comments regarding this burden estimate
or any other aspect 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 D.C. 20410-3600 and to the Office of Management and Budget, Paperwork Reduction
Project(2577-0029),Washington,D.C.20503.Do not send this completed form to either of these addresses.
Name and Address of Public Housing Agency/Indian Housing Agency:(PHA/IHA) Budget Submission to HUD required
Housing Authority of the County of Contra Costa Type of Submission:
P.O. Box 2759, 3133 Estudi/io Street Original
Martinez, CA 94553 X Revision No: 2
Number of HA Units Unit Months Available: (UMAs Subject Fiscal Year: ACC Number: PAS/LOCCS Project No.: Submission Date:
1,131 13,572 03/31/96 SF-182 C I A 10 1 1 11 0 1 1 19 16 1 M 1 06/17/96
Line Requested by PHA/IHA HUD Modifications
No. Description (PUM) (PUM)
Part A. Allowable Expenses and Additions
01 Previous allowable expense level(Line 07 of form HUD-52723 for previous fiscal year) $289.12
02a Line 01 multiplied by.005 1.45
02b Delta from form Hud-52720—B, H applicable(see instructions)
03 "Requested"year units from latest form HUD 52720—A(see instructions)
04 Add—ons to allowable expense level from previous fiscal year(see instructions)
05 Total of lines 01,02a,02b,and 04 290.57
06 Inflation Factor 1.036
07 Revised allowable expense level (AEL) (line 05 times line 06) 301.03
07a Transition Funding
07b . Increase to AEL
08 Allowable utilities expense level from form HUD-52722—A 63.70
09 [X]Actual or[ j Estimated PUM cost of Independent Audit (IA)during subject fiscal year 0.14
10 Costs Atributable to deprogrammed units
11 Total Allowable Expenses and Additions sum of lines 07 thru 10 $364.87
Part B. Dwelling Rental Income
as of 01 01 5
Total rent roll 9 193 77
/ / $
5
( )
its as of rent roll date
::....
13 Number f i 48
0 occupied un 1 0
14 Average monthly dwelling rental charge per unit(line 12 divided by line 13) $184.71
15 Change factor 1.03 1.
16 Projected average monthly dwelling rental charge per unit(line 14 times line 15) 190.25
17 Projected occupancy percentage(see instructions) 96.00% %
18 Protected average monthly dwelling rental income per unit line 16 times line 17 $182.64
Part C. Non—dwelling Income
19 Estimated investment income (Ell) 0.73
20 Other income 7.19
21 Total non—dwelling income (line 19 plus line 20) 7.92
22 Total operating receipts (line 18 plus line 21) 190.56
23 PUM deficit or (Income) (line 11 minus line 22) 174.31
:.>:.s:>::::.::.:�:::»>':::i:::•.?:i�'� :� ' i b PHMHA HUD
Modifications
Requested
%
:i{i\viii::'r$iiiiiiiji:'i,:}S;ij;.'•:?;:`Fri t:i:^:ti:iii:':i?:;;;•i:;4:G:4:;4i:•:nvnw:::::.�nw::: iii:nw::::::::::::::::::::4:;4:4:•isG:^'.G:4:G:•ii:4:^:4:^:4:iS4iiiiiiiiiiR:i:
HOLE DOLLARS HOLE DOLLARS
24 Deficit or Income before add—ons Line 23 times UMAs shown in heading) $2,365,735
Part D. Add—ons for changes in federal law or regulation and other eligibility
25 FICA contributions 256
26 Unemployment compensation
27 Flood insurance premiums
28 Total Other(specify in Remarks section)
2 Add—on fo
8ar Family
Self SufficiencyProgram
9
I ion
8b r for
Federalaw or regulations
s
2 Other Add ons
9
28c Unit reconfiguration
28d Non—dwelling units
28e Other approved,ro d not Federal law 9
or regulation
29 Total add—ons sum of lines 25 thru 28 256
Previous edition is obsolete for PHA/IHA Fiscal Years Page 1 Form HUD-52723(12/94)
beginning 1/1/95 and thereafter ret.Handbook 7475.13
Line, Requested by PHA/IHA HUD Modifications
No. Description UM UM
Part E. Calculation of Operating Subsidy Eligibility Before Year-End Adjustments
30 Deficit or income before ear-end adjustments total of lines 24 and 29 2,365,991
31 X I Actual or Estimated cost of Independent Audit IA during subject fiscal year 1,955
32 PFS operating subsidy eligibility before year-end adjustments
reater of line 30 or line 31 if less than zero enter zero 0 $2,365,991
Part F. Calculation of Operating Subsidy Approvable for Subject Fiscal Year (Note: Do not revise after the end of the subject FY)
33 , Prior years'net year-end adjustments(identify individual FYs and amounts under`Remarks") (35,197)
34 Additional subject fiscal year operating subsidy eligibility(specify)
35 Overobligations from prior fiscal years to be recovered in subject fiscal year ( ) ( )
36 Unfunded eligibility in prior years to be obligated in subject fiscal year
37 Other(specify) FUNDING AT 96%PER HUD NOTICE PIH 94-82 (94,634)
38 Other(specify) UTILITY ADJUSTMENT FOR MULTIPLE YEARS (156,601)
39 Other(specify)
40 Unfunded portion due to proration
41 Operating subsidy approvable for subject fiscal year total of lines 32 thru 40 $2,079,559
HUD Use Only Note: Do not revise after the end of the subject FY
43 Amount of operating subsidy approvable for subject fiscal year not funded
44 Amount of funds obligated In excess of operating subsidy approvable for subject fiscal year
45 Funds obligated in subject fiscal year total of lines 41 thru 44
9 1 Y
Must be the same as line 890 of the
Operatina Bud et form HUD-52564 for the subject fiscal ear
Part G. Memorandum of Amounts Due HUD, Including Amounts on Repayment Schedules '
46 Total amount due in previous fiscal year(line 49 of form HUD-52723 for previous fiscal year)
47 Total amount to be collected in subject fiscal year(identify individual amounts under'Remarks*) ( ) ( )
48 Total additional amount due HUD (include any amount entered on line 44)
(Identify individual amounts under"Remarks")
49 Total amount due HUD to be collected in future fiscal year(s) (Total of lines 46 thru 48)
k1dentify individual amounts under"Remarks")
Part H. Calculation of Year-end Adjustment for Subject Fiscal Year
This part is to be completed only after the subject fiscal year has ended
50 Indicate thetYP es of adjustments that have been reflected on this form:
1
[X jUtiI'�y Adjustment Unit Months Available(UMAs)s
) `><
X Target Investment Income II Adjustment
Dwelling Rental Income
[ i? ) I
1 9 [ [ 9
Audit o Add
ns
X Adjustment of Independent Au it IAC Cost A o
P ( )
[ 1 1 [ 1
Other(Specify under'Remarks'
.
51 Estimated Investment Income (Ell) 9,939
52 Target Investment Income (fll) 31,309
53 TII adjustment(line 51 minus line 52) (21,370)
54 Utility adjustment(line 22,form HUD-52722-B) 41,463
55 Combined utility and TII adjustment(total of lines 53 and 54) 20,093
56 Deficit or (Income)after year-end adjustments (total of lines 30 and 55) 2,386,084
57 PFS operating subsidy eligibility after year-end adjustments (greater of line 31 or line 56) 2,386,084
58 Line 32 of latestform HUD-52723 approved during subject FY
(Do not use line 32 of this revision) 2,365,856
61 Net year-end adjustment for subject fiscal year (line 57 minus line 58) 20,228
62 Unfunded portion due to proration (809)
63 Prorated net ear-end adjustment for subject fiscal ear 19,419
1 hereby certify that all the information stated herein,as well as any information provided in the accompaniment herewith, is
true and accurate.
Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties.
18 U.S.C. 1001, 1010, 1012;31 U.S.C.3729,3802
Signature of Authorized HA Representative&Date: Signature of Authorized Field Office Representative&Date:
X f�, I Executive Director 06/17/96 X
Remarks
Previous edition is obsolete fo form HUD—52723(12/94)
beginning 1/1/95 and thereafter Page 2 ref.Handbook 7475.13
PHA/IHA Board Resolution Approving U.S.Department of Housing r��
Operating Budget or Calculation of and Urban Development
p g g Office of Public and Indian Housing
Performance Funding System
Operating Subsidy OMB Approval No.2577-0026(Exp. 10/31/97)
Public Reporting Burden for this collection of information is estimated to average 15 minutes per response,including the time for reviewing instructions,searching existing
data sources,gathering and maintaining the data needed,and completing and reviewing the collection of information. Send comments regarding this burden estimate
or any other aspect 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,D.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 addressees.
Acting on behalf of the Board of Commissioners of the below-named Public Housing Agency(PHA)/Indian Housing Authority(IHA),as its
Chainnan,i make the following certifications and agreements to the Department of Housing and Urban Development(HUD)regarding the
Boards approval of(Check one or more as applicable): BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY
OF CONTRA COSTA, RESOLUTION NO. 3782
(date)
i XJ Operating Budget Submitted on: July 23, 1996
F] Operating Budget Revision Submitted on:
Calculation of Perfonnance Funding System Submitted on: July 23, 1996
aRevised Calculation of Performance Funding System Submitted on: July 23, 1996
I certify on behalf of the: (PHA/IHA Name) HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA that:
1. All regulatory and statutory requirements have been met:
2. The PHA has sufficient operating reserves to meet the working capita)needs of its developments:
3. Proposed budget expendituresare necessary in the efficientand econoinical operation ofthe housing for the purpose ol'serving low-incoine
presidents:
4. The budget indicates a source of funds adequate to coverall proposed expenditures;
5. The calculation of eligibility for Federal funding is in accordance with the provisions of the regulations:
6. All proposed rental charges and expenditures will be consistent with provisions of law;
7. The PHA/IHA will comply with the wage rate requirements under 24 CFR 968.110(e)and (1')or 24 CFR 905.120(c) and (d):
8. The PHA/IHA will comply with the requirements for access to records and audits under 24 CFR 968.11 0(i)or 24 CFR 905.120(g):
9. The PHAAHA will comply with the requirements for the reexamination of family incom eand cornposit ion undet-24 CFR 960.209.990.115
and 905.315: and
10. The PHA will comply with the requirements for certification of Housing Manager and Assisted Housing Manager positions
(24 CFR 967.304 and 967.305).
I hereby certify that all the information suited within,as well as any infonnation provided in the accompaniment herewith.is true and accurate.
Warning:HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil pe es (18 U.S.C.1 1,1010,1012:31 U.S.C.3729,3802)
Board Chairman's Name(type) Signatur Date:
Jeff Smith 07/23/96
form HUD-52574(3/95)
ref. Handbook 7575.1