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<br />2004 Budget Worksheet
<br />Housing
<br />Budget programs are based upon approved HRA Housing Plan/Levy set by Council
<br />Adopted 10/21/03
<br />2004
<br />Account #DescriptionRequestedComments
<br />Sources:
<br />723
<br />Housing Fund Cash - less obligation 03120,000.00 includes 03 obligations & Arona proceeds for costs
<br />372405Local Development Corp Fund\CDBG Cash (720, 721)370,000.00 restricted for projects at 80% of median income
<br />381000Investment Income20,000.00 estimate
<br />381100Interest on Loans\Abatement Pmt14,000.00 Outstanding abatements pmts in prev. years
<br />382900APPROVED HRA LEVY 2004200,000.00 City Council set prelim levy on 9/15
<br />382905Home & Garden Fair Fees10,000.00 booth and sponsorship fees
<br />Miscellaneous Revenue (grants, land proceeds, etc)92,000.00 proceeds from Arona Sale2
<br />0000Total Revenue826,000.00
<br /> Restricted Use Funds370,000.00
<br /> Balance for Operations/Existing Programs456,000.00
<br />Proposed Uses (based upon HRA housing Plan)
<br />70Home & Garden FairThe home & garden fair is held annually.
<br />430000Professional Services2,500.00 The goal is for the fair to be self supportive.
<br />433000Advertising1,200.00 The program is a high priority for the HRA
<br />434000Printing1,500.00
<br />438000Rental4,000.00
<br />448000Miscellaneous800.00
<br /> -
<br />Home & Garden Fair10,000.00
<br />70
<br />71Housing Replacement Program
<br />430000Professional Services20,000.00 When needed purchase code deficient homes
<br />434000Printing500.00 that are unable to sell on the market and are
<br />448000Miscellaneous500.00 providing a neighborhood nuisance and reduction
<br />Other Services & Charges10,000.00 in neighboring property values.
<br />The program goal is to replace the code deficient homes
<br />490000Payment to Owners180,000.00 with new homes
<br />The budget provides for the purchase of 2 homes
<br />71Housing Replacement Program211,000.00
<br />*The program is a high priority for the HRA
<br />72Multi Family Rehab Program
<br />430000Professional Services12,000.00 The program provides innovative funding to rental
<br />434000Printing- property owners to make necessary improvements
<br />448000Miscellaneous- to aging complexes. Also provides seed funds for condo
<br />Other Services & Charges.or townhome housing improvement districts
<br />The program is a high priority for the HRA
<br />490000Contractor Payments150,000.00
<br />72Rental Rehab Program162,000.00
<br />*
<br />73Ownership Rehab Program
<br />430000Professional Services45,000.00 The Ownership rehab program includes services of
<br />433000PlanBook Advertising5,000.00 the HousingResource Center, Rambler Redesign
<br />Other Services & Charges10,400.00 program and City owner occupied loan program for
<br />home improvements.
<br />490000Design Grants\loan fund contribution118,000.00
<br />73Ownership Rehab Program178,400.00
<br />74First Time Buyer Program
<br />430000Professional Services50,000.00 The first time buyer program is to facilitate new and
<br />433000Advertising500.00 existing housing specifically for young families
<br />Other Services & Charges7,000.00 An example is the purchase of the single family lots
<br />in Arona Project approved by the HRA.
<br />490000Capital Payments (250,000-156,000 (Ramsey Co Funds)94,000.00
<br />.
<br />74First Time Buyer Program151,500.00
<br />75Neighborhood Improvement ProgramThe Neighborhood Improvement Program includes
<br />430000Prof Services- funds to increase the positive awareness of the
<br />433000Advertising5,000.00 quality neighborhoods in Roseville that generate
<br />Other Services & Charges- investment in home ownership.
<br />In addition funds the border & buffer program to
<br />490000Capital Payments - Borders/Buffer10,000.00 resolve neighbor to neighbor code issues.
<br />75Neighborhood Improvement Program15,000.00
<br />88General HRA Expenditures
<br />430000Prof. Svs. (Staff, Legal, Studies)67,000.00
<br />Fiscal/Overhead Fee4,000.00
<br />433000Marketing/Advertising6,000.00
<br />441000Education (Training/Conferences)1,500.00
<br />442000Mbrship/Subscriptions600.00
<br />Other Services & Charges2,000.00
<br />75General HRA Expenditures81,100.00
<br />Reserves17,000.00
<br />Housing Budget Subtotal826,000.00
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