Loading...
#6a Attachment Budget Word Doc DEPARTMENT: NEIGHBORHOOD SERVICES DIVISION: HOUSING PROGRAM: RENT ASSISTANCE GOAL: To assist low-income and moderate-income families, including elderly and handicapped individuals, in obtaining decent, safe and sanitary housing. OBJECTIVES: ? To provide monthly rental housing assistance to approximately 525 families. ? To carry out a variety of programs to promote fair housing. PROGRAM ACTIVITY STATEMENT: The Section 8 Rent Assistance program is a locally administered program funded by the U.S. Department of Housing and Urban Development, which pays a portion of the monthly rent and utilities for low-income families, elderly and handicapped individuals. 2009201020102011 ActualBudgetEstimatedProposed ACTIVITIES: Section 8 Units518530525525 HQS Inspections600600988700 ELEMENT COST: Administration$281,577$288,016$278,545$303,555 Program Services Rent Assistance2,730,6662,532,0002,812,2492,810,000 Fair Housing8823,0001,5003,000 Subtotal2,731,5482,535,0002,813,7492,813,000 Total$3,013,125$2,823,016$3,092,294$3,116,555 PERMANENT POSITIONS: Section 8 Housing Specialist2 2 Neighborhood Services, Rent Assistance SIGNIFICANT EXPENDITURES, STAFFING AND PROGRAM CHANGES: This budget provides for the continuation of present service levels. These costs are entirely reimbursed by the United States Department of Housing and Urban Development. REQUIRED RESOURCES: PROGRAM SERVICES 2009201020102011 ActualBudgetEstimatedProposed RENT ASSISTANCE$2,730,666$2,532,000$2,812,249$2,810,000 FAIR HOUSING8823,0001,5003,000 PROGRAM TOTAL$2,731,548$2,535,000$2,813,749$2,813,000 Neighborhood Services, Rent Assistance REQUIRED RESOURCES: ADMINISTRATION 2009201020102011 ActualBudgetEstimatedProposed PERSONAL SERVICES Salaries & Benefits$193,680$219,289$208,403$227,691 Hourly Wages18,91618,30721,30519,275 Training5,0341,8002,0002,000 Subtotal217,630239,396231,708248,966 CONTRACTUAL SERVICES Telephone798900900900 Postage6,9686,5005,2006,860 Conference04504501,000 Auditing/Consulting5,3405,6005,4605,000 Memberships/Subscriptions501,018973980 Insurance2,0401,8231,8231,912 Computer Services6,2646,5176,5176,675 Other23,0266,8006,8009,600 Portability Administration3,9433,0003,5003,500 Building Rental11,40111,81211,01411,812 Vehicle Oper/Maintenance547700700600 Subtotal61,10445,12043,33749,439 SUPPLIES & MATERIALS2,8433,5003,5003,500 CAPITAL OUTLAY0001,650 ADMINISTRATION TOTAL$281,577$288,016$278,545$303,555 Full-Time Equivalent2.772.802.802.80 Neighborhood Services, Rent Assistance REVENUE COMMENT: Administrative fees of $305,000 offset administrative expenses. Housing Assistance Payments ($2,677,000) and the planned use of operating reserve ($134,555) are used to provide direct rent assistance to clients. Revenues are entirely provided by the United States Department of Housing and Urban Development. 2009201020102011 ActualBudgetEstimatedProposed REVENUE: Administrative Fees$282,459$290,000$333,007$305,000 Housing Assistance Payments2,566,5422,532,0002,914,9152,677,000 Subtotal2,849,0012,822,0003,247,9222,982,000 Operating Res. Withdrawal (Deposit)164,1241,016(155,628)134,555 Total$3,013,125$2,823,016$3,092,294$3,116,555 FUND EQUITY: Administrative Fee Equity*$124,690 Housing Assistance Payments Equity70,139 Total Fund Equity at 01/01/10$194,829 * Includes Investment in Capital Assets of $52,124