2014-11-18_HRA_Agenda_Packet - Laserfiche WebLink

Home

Staff Savings from Management Change $21,000.00 Attorney Fees 10,000.00 Unused Reserves 48,404.95 Home & Garden Fair (these expenditures will occur in early 2015) 8,000.00 $148,404.95 These programs will be continued or expanded in 2015: Living Smarter Home and Garden Fair: Budget reflects the cost to continue the same marketing approaches that were put in place in 2009. The cost for the Fair ($21,000), is offset by booth and sponsorship fees of $15,000. Housing Replacement Program: Budget reflects funds being set aside to purchase homes that are obsolete or have become neglected. This is based upon interest of willing sellers ($200,000). These funds are moved to the 724 account at the end of the year. Multi-family Program: Budget reflects additional funds being set aside for a revolving acquisition and loans for Multi-family housing ($250,000). These funds are moved to the 724 account at the end of the year. The HRA has used funds in the past to acquire property identified in its work plan. Contract with Housing Resource Center : Budget is for construction services of ($14,000). Green Award Program : Budget is for awards ($850). Energy Efficiency Program: Budget provides funds for 200 energy audits for Roseville residents ($12,000). Advertising and Printing: Budget reflects cost for materials that promote the RHRA and its programs to Roseville residents along with the Green Remodeling Plan Book. Since the City’s new web design will address many of the reasons LivingSmarter.org was developed, there is a need to look at modifying the website to host just the Green Remodeling Plan Book ($20,000). The budget also has printing costs of ($6,500), and postage costs of ($1,500). BR&E Consultant/Intern: Budget is for the RHRA to contract with a consultant/intern to work on the Business, Retention and Expansion program ($10,000). Outreach to Existing Businesses: Budget is used to engage businesses in discussions related to what their needs are, business educational outreach opportunities, and the bi-monthly newsletter ($10,000). Business Educational Series: Budget is in partnership with the St. Paul Area Chamber of Commerce. The HRA pays for up to 40 Roseville Businesses to attend the quarterly education series ($5,000). General HRA Expenditures: Budget is decreased to reflect the changes in staffing. This does include step increases and cost of living for 2015. (Jeanne @ 40 hours per week, Jane @ 20 hours per week, Sheila @ 5hrs a month) ($147,000) and ($2,000). Attorney Services: Expenditures are for HRA attorney services have been kept at same dollar amount to reflect additional work that the HRA will be doing in 2015 ($15,000). Fiscal/Overhead Fee: Budget reflects 5% fee of the HRA General Expenditures for Financial Services ($8,997). 2015 RHRA Budget Discussion - Page 2 of 3