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Home My WebLink About972456.tiff RESOLUTION RE: APPROVE 1998 HOUSING AUTHORITY BUDGET WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with the 1998 Housing Authority Budget for the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Weld County Housing Authority, and WHEREAS, after review, the Board deems it advisable to approve said budget, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, ex-officio Housing Authority Board, that the 1998 Housing Authority Budget for the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Weld County Housing Authority, be, and hereby is, approved. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 24th day of November, A.D., 1997. BOARD OF COUNTY COMMISSIONERS WELD C UNTY, COLORAPO �imztin /, ATTE. y I bill {/1)( i �i !'; i" -George E.txter, Chair Wel. to �.ard /J 11 �Sai / stance L. Harb P -Tem Dep r qr„r a Board Dale K. Hall l AP AS TO RM: ,2t (.UPS CZ,<a J.A C/ d /Barbara J. Kir ey Attrney i* 1) ) �� W. H. ebst r 972456 Ott? ; //R -c5 HA0017 Ke t�` � TO: George E. Baxter , Chair, Board of County Commissioners FROM: Judy Griego, Dir ctor artment of Social Services � SUBJECT: 1998 Housi Auth rity B dget C DATE: November 19, 1997 COLORADO The Housing Authority Budget for 1998 was discussed at the Work Session of November 17, 1998. - Total budget projections for 1998 are $2,472,358 up slightly (.08 per cent) from $2,454,844 for 1997 . The budget anticipates a CDBG/HOME Contract from the State approved in the amount of $274,000 for the single family owner occupied program. Of that amount $31,000 is contracted to Greeley Urban Renewal Authority for conducting work write-ups. It is anticipated that approximately $2,500 will remain outstanding for the Catholic Charities Northern Farm Worker Housing Project at the end of 1997 and is included in the budget. That project is expected to be approved during 1998. Based on the Agreement with Catholic Charities, we will be reimbursed for costs which were allowed through Catholic Charities permanent financing. The total amount for administration is $233,405 for 1998 or 9.4 per cent of the total budget.. Indirect costs which are charged to the housing authority, is $29,034. Salary costs reflect the cost of living increase of 3.5 per cent which is incorporated in the County Budget. Salaries reflect 3.5 FTE. The budget reflects $180,700 in investments and is available for new affordable housing projects which the Board may consider. Section 8 Certificate program has increased 2 per cent while the Voucher program costs decreased by 9 per cent. .We are recommending that the Board approve the 1998 Housing Authority Budget If you have any questions, please telephone me at 352-1551 ext. 6200. 972456 4 BUDGET OF THE HOUSING AUTHORITY OF WELD COUNTY SECTION 8 SECTION 8 CDBG HOME/CDBG CERTIFICATE VOUCHER DOWNPAYMENT ADMIN TOTAL I,ADMINISTRATION ADMINISTRATION ADMINISTRATION ADMINISTRATION ' PERSONAL SERVICES Salaries 40000 54070 8380 102450 FICA 2400 2729 503 5632 Medicare 300 520 117 937 Retirement 1838 3787 0 5625 HeafMifelDisability 1691 1700 0 3391 Workers Compensation 300 300 0 600 TOTAL PERSONAL SERVICES 46529 63106 9000 118635 SUPPLIES&PURCHASED INDIRECT COST 12055 15979 1000 29034 SMALL ITEMS OF EQUIPMENT 200 300 200 700 SUPPLIES 900 900 150 1950 SOFTWARE 4259 5506 0 9765 POSTAGE 800 900 50 1750 PUBUCATIONS 50 75 50 175 MEMBERSHIP&REGISTRATION 750 750 150 1650 ADVERTISING 75 75 40 190 TELEPHONE 1000 1500 200 2700 REPAIRS/MAINTENANCE 100 100 50 250 TRAVEL/MEETINGS 2500 2934 670 6104 DATA PROCESSING 1000 1000 1400 490 3890 GEN.ADMIN EXPENSE 700 1000 0 1700 AUDIT COSTS 750 750 200 1700 OFFICE RENT 6818 7194 750 14762 HARD TO HOUSE - 180 270 0 450 GURA CONTRACT 31000 31000 HIGH PLAINS ADMINISTRATION CONTRACT 7000 7000 TOTAL SUPPLIES&PURCHASED 32137 39233 8400 35000 114770 SERVICES TOTAL ADMINISTRATION 78666 102339 8400 44000 233405 PROGRAM SERVICES SECTION 8 HOUSING PAYMENTS 714531 SECTION 8 VOUCHER PAYMENTS 914100 CDBG/HOME HOUSING REHABILITATION SFOOH 190000 HOME REPLACEMENT HOUSING 40000 HIGH PLAINS DOWN PAYMENT CONTRACTS 97200 HOME PROGRAM INCOME 48000 EMER.REHABILITATION 40000 SEASONAL FARMER WORKER CONTRACT CCS/N 2500 SAVINGS ACCOUNT 29000 JEFF TRUST VOUCHER OR 70381 JEFF TRUST CERT OR 93241 TOTAL PROGRAM SERVICES - 2238953 - TOTAL BUDGET FOR 1998 x 472358 $ - A ' 56_, 2 COMPARATIVE HORIZONTAL PERCENTAGE ANALYSIS BUDGETS 1996-1997 PERCENTAGE ACTUAL 1996 1997 OF EXPENSES AMOUNT AMOUNT CHANGE 1996 SECTION 8 HOUSING PAYMENTS 662362 714531 18% 605699 SECTION 8 VOUCHER PAYMENTS 912120 914100 -6% 973397 HOME HOUSING REHAB 82817 190000 129% 82818 FMHA HSG PRESERVATION 38168 0 -100% 38168 HIGH PLAINS DOWN PAYMENT ASSISTANCE 0 97200 100% 0 FARM LABOR SPONSORING LOAN 100000 0 -100% 0 REPLACEMENT HOUSING 105000 40000 -62% 105000 HOME PROGRAM INCOME 35000 48000 37% 22902 EMER. REHAB 100000 40000 -60% 53121 SEASONAL FARMWORKER CONTRACT CCS 5200 2500 -52% 3214 SAVINGS ACCOUNT 27500 29000 5% 0 JEFF TRUST VOUCHER OR 65700 70381 7% 0 JEFF TRUST CERT OR 97900 93241 -5% 0 ADMINISTRATION 322658 233405 6% 220371 TOTALS 2554425 2472358 -3% 2054111 - 972456 Hello