Resolution 544PHA Board Resolution
Approving Operating Budget
U.S. Department of Housing and Urban Development
Office of Public and Indian Housing
Real Estate Assessment Center (PIH-REAC)
OMB No. 2577-0026
(exp. 6/30/2022)
Previous editions are obsolete form HUD -52574 (08/2005) Public reporting burden for this collection of information is estimated to average 10 minutes per
response, Including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and
reviewing the collection of information. This agency may not collect this information, and you are not required to complete this form, unless It displays'a
currently valid OMB control number. This information is required by Section B(c)(4) of the U.S. Housing Act of 1937. The information is the operating
budget for the low-income public housing program and provides a summary of the proposed/budgeted receipts and expenditures, approval of budgeted
receipts and expenditures, and justification of certain specified amounts. HUD reviews the information to determine if the operating plan adopted by the
public housing agency (PHA) and the amounts are reasonable, and that the PHA is in compliance with procedures prescribed by HUD. Responses are
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PHA Name: HOPKINS HOUSING AUTHORITY PHA Code: MN078
PHA Fiscal Year Beginning: 4/1/2022 Board Resolution Number: 544
Acting on behalf of the Board ove-named PHA as its Chairperson, I make the following
certification and agreement to the Department of Housing and Urban Development (HUD) regarding the Board's
approval of (check one or more as applicable):
DATE
0 Operating Budgets (for COCC and all Projects) approved by Board 3/01/2022
resolution on:
Operating Budget submitted to HUD, if applicable, on:
Operating Budget revision approved by Board resolution on:
Operating Budget revision submitted to HUD, if applicable, on:
I certify on behalf of the above-named PHA that:
1. All statutory and regulatory requirements have been met;
2. The PHA has sufficient operating reserves to meet the working capital needs of its developments;
3. Proposed budget expenditure are necessary in the efficient and economical operating of the housing for the
purpose of serving low-income residents;
4. The budget indicates a source of funds adequate to cover all proposed expenditures;
5. The PHA will comply with the wage rate requirement under 24 CFR 968.110(c) and (f); and
6. The PHA will comply with the requirements for access to records and audits under 24 CFR 968.325.
1 hereby certify that all the information stated within, as well as any information provided in the accompaniment herewith,
if applicable, is true and accurate.
Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties. (18
U.S.C. 1001, 1010, 1012.31, U.S.C. 3729 and 3802)
(06/2019)