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ccount
<br />A200520052005
<br />NumberDescriptionBudgetBudgetRevised
<br />Full Levy1/2 LevyCouncil LevyDifference
<br />Sources:
<br />574
<br /> 84,000.0084,000.00 259,256.00175,256.00
<br />Cash Balance end of year based upon year end balance sheet
<br /> 10,000.0010,000.00 10,000.00-
<br />381000Investment Income estimate
<br /> -- --
<br />381100Abatement Pmt Outstanding abatements - none anticipated
<br /> Requested by HRA/Approved by Council 234,000.00468,000.00 158,000.00 (76,000.00)
<br />382900HRA Levy -City Council final levy on 12/27
<br /> 10,200.0010,200.00 10,200.00-
<br />382905Home & Garden Fair Fees booth and sponsorship fees
<br /> -- --
<br />Miscellaneous Revenue (grants, land proceeds, etc)Accounted for as received
<br />0000Total Revenue572,200.00 338,200.00 437,456.00
<br /> 99,256.00
<br />Proposed Uses:ExpensesExpensesExpenses
<br />70Home & Graden Fair
<br /> 3,000.003,000.00 3,000.00-
<br />430000Professional Services The home & garden fair is held annually.
<br /> 1,500.001,500.00 1,500.00-
<br />433000Advertising The goal is for the fair to be self supportive.
<br /> 1,300.001,300.00 1,300.00-
<br />434000Printing The program is a high priority for the HRA
<br /> 4,000.004,000.00 4,000.00-
<br />438000Rental
<br /> 400.00400.00 400.00-
<br />448000Miscellaneous
<br /> -- --
<br />Home & Graden Fair10,200.00 10,200.00 10,200.00-
<br />70
<br />71Housing Replacement Program
<br /> 20,000.0020,000.00 20,000.00-
<br />430000Professional ServicesWhen needed purchase code deficient homes that are
<br /> -- --
<br />434000Printingunable to sell on the market and are providing a
<br /> -- --
<br />448000Miscellaneousneighborhood nuisance and reduction in neighboring
<br /> -- --
<br />Other Services & Chargesproperty values. The program goal is to replace the code
<br />-
<br />deficient homes with new homes. The budget provides for
<br /> 150,000.00150,000.00 150,000.00-
<br />490000Payment to Ownersthe purchase of 1-2 homes is a high priority for the HRA.
<br />The HRA can fund these projects that with Restricted $$'s
<br />71Housin Replacement Prora 170,000.00170,000.00 170,000.00-
<br />ggmwhere recipeints meet 80% of median income
<br />72Multi Family Rehab Program
<br /> 20,000.0020,000.00 20,000.00-
<br />430000Professional ServicesThe program provides innovative funding to rental
<br /> 1,500.001,500.00 1,500.00-
<br />434000Printingproperty owners to make necessary improvements
<br /> -- --
<br />448000Miscellaneousto aging complexes. Provide seed funds for condo
<br /> -- --
<br />Other Services & Chargesor townhome housing improvement districts
<br />-
<br /> 220,000.00220,000.00 220,000.00-
<br />490000Contractor PaymentsThe HRA can fund these projects that with Restricted $$'s
<br />where recipeints meet 80% of median income
<br />72Rental Rehab Prora 241,500.00241,500.00 241,500.00-
<br />gm
<br />73Ownership Rehab Program
<br /> 47,000.0047,000.00 47,000.00-
<br />430000Professional ServicesThe Ownership rehab program includes services of
<br /> -- --
<br />433000PlanBook Advertisingthe HousingResource Center, Rambler Redesign
<br /> -- --
<br />Other Services & Chargesprogram and City owner occupied loan program for
<br />-
<br />home improvements.
<br /> 118,000.00118,000.00 118,000.00-
<br />490000Design Grants/Loan Funds
<br />73Ownership Rehab Program 165,000.00165,000.00 165,000.00-
<br />74First Time Buyer Program
<br /> 5,000.0010,000.00 5,000.00-
<br />430000Professional ServicesThe first time buyer program is to facilitate new and
<br /> 200.00200.00 200.00-
<br />433000Advertisingexisting housing specifically for young families
<br /> 1,000.002,000.00 1,000.00-
<br />Other Services & ChargesAn example is the purchase of the single family
<br /> ---
<br />properties through the senionr linkage program
<br /> 17,500.0083,000.00 17,500.00-
<br />490000Capital Paymentsand/or the building of new home targetting families.
<br />...
<br />Full Levy Budget included funding for more FTHB
<br />74First Time Buer Proram95,200.00 23,700.00 23,700.00-
<br />ygopportunities building on the HRA's successes.
<br />75
<br />Neighborhood Improvement Program
<br /> -12,500.00 --
<br />430000Prof ServicesThe Neighborhood Improvement Program includes
<br /> -- --
<br />433000Advertising/Steller Homefunds to increase the positive awareness of the
<br /> -150,000.00 --
<br />Housing Code/Rental Licencingquality neighborhoods in Roseville that generate
<br /> -- --
<br />Other Services & Chargesinvestment in home ownership.
<br />-
<br />In addition funds to address and resolve code compliance
<br /> 10,000.0010,000.00 10,000.00-
<br />490000Capital Payments - Borders/Bufferissues.
<br />Full Levy Budget included beginning implementation of a
<br />75Neihborhood Improvement Prora 10,000.00172,500.00 10,000.00-
<br />Rental License Program
<br />ggm
<br />76
<br />Marketing_Studies
<br /> 10,000.0010,000.00 10,000.00-
<br />430000Prof Services - Studies
<br /> 5,000.005,000.00 5,000.00-
<br />433000Marketing/Advertising
<br /> -- --
<br />Other Services & Charges
<br />76MarketinStudies15,000.00 15,000.00 15,000.00-
<br />g_
<br />88General HRA Expenditures
<br /> 57,000.0057,000.00 57,000.00-
<br />430000Prof. Svs. (Staff, General Legal)
<br /> 4,000.004,000.00 4,000.00-
<br />Fiscal/Overhead Fee
<br /> 1,500.001,500.00 1,500.00-
<br />441000Education (Training/Conferences)
<br /> 300.00300.00 300.00-
<br />442000Mbrship/Subscriptions
<br /> -- --
<br />Other Services & Charges
<br />88General HRA Expenditures62,800.00 62,800.00 62,800.00-
<br /> 10,000.0010,000.00 10,000.00-
<br />Reserves
<br />Housing Budget Subtotal942,200.00 708,200.00 708,200.00 -
<br /> (370,000.00)(370,000.00) (270,744.00) 99,256.00
<br />Over (under)
<br /> 370,000.00370,000.00 430,500.00 60,500.00
<br />372405Local Development Corp Fund\CDBG Cash (Restricted Use)restricted for projects at 80% of median income
<br /> 370,000.00370,000.00 370,000.00
<br />Restricted Use Program OptionsThese are programs that can use the CDBG funds if they
<br />benefit those with incomes at or below 80% of median income
<br /> -- 99,256.00
<br />Balance Over (Under)
<br />
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