HomeMy WebLinkAboutMINUTES - 03051991 - 1.5 (2) THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
RESOLUTION NO. 3606
ADOPTING AGENCY-WIDE BUDGET
FOR FISCAL YEAR ENDING MARCH 31, 1992
WHEREAS, the State of California in Division 24, Part 2, §34327.6 of the Heath
and Safety Code, requires that all agencies being audited in accordance
with generally accepted accounting principles generate an agency-wide
budget; and, .
WHEREAS, the Housing Authority of the County of Contra Costa is audited in
accordance with generally accepted accounting principles, as well as
Government Auditing Standards issued by the Comptroller General of the
United States; ands
WHEREAS, the Staff has prepared and submitted to the Board of Commissioners
for their review and approval a proposed agency-wide budget for the
indicated fiscal year:
NOW, THEREFORE, BE IT RESOLVED after review of said budget submission, the
following determinations are made:
a. That proposed expenditures are necessary in the efficient and
economic operation of housing for the purpose of serving low-
income families.
b. That the financial plan is reasonable.
c. That all proposed charges and expenditures are consistent
with provisions of law.
d. That no PHA employee reflected in the Operating Budget is
serving in a variety of positions which will exceed 100%
allocation of his/her time.
e. That the Housing Authority of the County of Contra Costa will
continue to provide a drug-free workplace.
The Board of Commissioners hereby adopts and approves the Agency-Wide
Budget for the indicated Fiscal Year.
ADOPTED ON March 5 , 1991 by the following vote of the Commissioners:
AYES: Commissioners Fanden, Schroder, McPeak, Torlakson,
Powers
NOES None
ABSENT: None
I hereby certify that this is a true and correct copy of
None an action taken and entered on the minutes of the
ABSTAIN: Board of Supero ors on the date shown.
ATTESTED:
PHIL BATCHELOR.Clerk of the Board
cc• County Administrator of supe 'sora and County Administrator
County Counsel
Housing Authority Deputy
t
1°050
Y�
HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS- DATE: March 5, 1991
FROM: Perfecto Villarreal , Executive Director cc:
SUBJECT: ADOPTION OF AGENCY-WIDE BUDGET FOR FISCAL YEAR ENDING MARCH 31, 1992
U
I. RECOMMENDED ACTION:
ADOPT Resolution No. 3606 adopting an Agency-Wide Budget for the fiscal year
ending March 31, 1992, as recommended by the Advisory Housing Commission.
II. FINANCIAL IMPACT:
The estimated total operating income for the. Housing Authority's Agency-Wide
Budget for the fiscal year ending March 31, 1992 is $38,863,921, with total expenses
estimated at $38,787,210. This budget offers an estimated provision to reserves for
all Housing Authority programs in the amount of $76,711.
III. REASONS FOR RECOMMENDATION/BACKGROUND:
California State law requires that all agencies being audited in accordance
with generally accepted accounting principles generate an agency-wide budget. As the
Housing Authority is audited in accordance with generally accepted accounting
principles, as well as, Government Auditing Standards issued by the Comptroller
General of the United States,' on January 8, 1991 the Board of Commissioners adopted
an. agency-wide budget for the fiscal year ending March 31, 1991.
On February 25, 1991 the Budget Committee of the Advisory Housing -Commission
met to review the proposed Agency-Wide Budget and recommended approval by the
Advisory Housing Commission. At its Regular Meeting on February 25, 1991 the
Advisory Housing Commission voted to recommend adoption of Resolution No. 3606,
adopting an Agency-Wide Budget for the fiscal year ending March 31, 1992.
IV. CONSEQUENCES OF NEGATIVE ACTION: .
Should the Board of Commissioners elect to not accept the Agency-Wide Budget
for the fiscal year ending March 31, 1992, the Housing Authority would receive an
audit finding on its 1991-92 annual audit.
CONTINUED ON ATTACHMENTS YES SIGNATUFtE:
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S)
ACTION OF BOARD ON =5, 199.1 APPROVED AS RECOMMENDED OTHER
VOTE OF COMMISSIONERS
X UNANIMOUS (ABSENT) I HEREBY CERTIFY THAT THIS A TRUE AND
AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND
ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD
OF COMMISSIONERS ON THE DATE SHOWN.
CC: ATTESTED IIaxch_ 5, 19:91
Phil. Batchelor, Clerk of the
Board of Commissioners
M382/7-e8 BY 1, . .DEPUTY