Loading...
HRA Report 12-04 Public Housing Operating BudgetAMP- City of ffopkins March 14, 2012 Public Housing Operating Budget Proposed Action HRA Report 2012-04 Staff recommends the following motion: adopt Resolution 485 approving the Operating Budget for the period ending 3/31/13. With approval of this motion, staff will submit the Operating Budget documents to HUD for their review, adjustment and approval. Overview Each year the HRA is required by the Department of Housing and Urban Development (HUD) to develop and approve a budget for the operation of the 76 units of Hopkins HRA -owned Public Housing at Dow Towers. HUD currently distributes Operating Subsidy based on the calendar year rather than the HRA fiscal year. In addition to preparing the fiscal year budget, HUD annually requests the submission of the Operating Subsidy Calculation. The earned subsidy used in the calculation is an estimate. We will submit the Operating Subsidy information on the SAGIS system with assistance from our fee accountant. When Congress determines the amount of funding for public housing programs, we will be notified of the actual amount. For 2012, we will not receive any Operating Subsidy funding from HUD to assist in the general operations at Dow Towers. This determination was made based on a new formula utilized this year that concluded the current bank balance or "reserve" for the HRA was too high according to HUD. The new regulations indicate any balance over the anticipated expenses for a typical six-month period is excessive. The Operating Budget is for our use as a guide during our budget year; however, HUD requires the Budget to be reviewed and approved by resolution. Supporting Information • Calculation of Operating Budget Forms HUD -52564 • HUD Form 52574 • HRA Resolution 485 Alternatives The HRA has the following alternatives regarding this issue: 1. Approve the action as recommended by staff. 2. Continue for further information. Stacy Unowsky, Executive Di ctor Operating Budget U.S.DePert t—He l,,,,"OMS A,,.,..IN..2577-0026(E.P.9/3012006) Summary of Budget Data and Justifications ene Urban D.—OPm 0-, .,P.... antl Ine an Hou. ng P„boo R.P.rt g tlen ror t ,a oo„e.t,on or,nrorm.t,on ,a .almatea to .. ,r. g. 45 m,nntea Pt, e:P nee, 1—dirig 11,e tlmeor re.., g natr otlona, a..roF,ng existing ata sources, gatF er g antl ma,n to In ng cM1e tlata neetle tl, antl co P ting ne re v,ew ng 1M1e toile ctivn or,nrormation r Thla --y ay nvt con tluct r Poneor, ane a Person ie no r.g„,r.a to r.a one to, a Po lemon o �n,o..... un,eaa t ou.ot,on o aP .y.. ,.,,,e OMB Tb,t nrormat,on a reg ,red bytSect,on 6 (0)(4) ofth. U.S. Hooa ng A— or 1937. TF ,nrormat,on x cM1e at. g g tro,the low -noon. g ho„anP g m .na Proms, .a e y Pr.Poe.a/b.g.tretl. Pte ,nee Paa,to,ee. Pv,­, .rh„eget.tl reg Pte .ntl e P na,tPr.e, aF .urlo.t�on or .mo nta.eHUD re ,ewe cM1e ,n orm at,Pn to tleterm,ne ,, cbe to..... g Pan .eoP .tlby cM1e PHA ane 1b. amo me are r..aPnahle ane cM1e[ cM1e PHA,. In nom Pn. no. HUD. Re Th N. m . or Loo., H.,,., s A... y aLoo. y F;eg., Y.ar Enal ng HOPKINS HOUSING AUTHORITY Operating Receipts Dy,..,,,ng Ranter. E.P a,n b.a,a ror .atlm ate. For HUD -al low-,.nt noee, g, oth., ,F S.—t 23 L.aeetl hP .l g, etas. amount .teat .v.,l.ble total H/A monthly r.nt -11, the nPmb.r or tlwe„ ng n,ta -u.— ,o, 000„P y cM1e nnmbe, -..Ped ror cM1e a.m. month en . Cte HA P,,i.ya I,lone ane eoono .na .,h., resorb wF ,nay r.a„ t,n gr .t.r o, I.see, averag. mo h,y rent roll tl rl g the Ree .ate 13.., tY..r. For Sept 23 Lt.— ho„a ng. .t.t. cM1e normo. un to „neer lea he PUM I..a. pr,... antl wFetFe, or nottF..oat or .lnt.a la In., oea. Ir not tl.o, . P .tFotl ro P y .nt at Pt, ty ePeta by HA .no/o, tenant. A. _-1 a t-1 1 19, 406.00 S. P t. m b .,-11 19,350.00 A,,...9. or P .vl... 6 months ,.nt gFa,gea, t m.a 12 0-.-1 1 18,940.00 No .mhe,-11 19,019.00 Deo. m b.r-11 19,097.00 J-.,12 19,442.00 TOTAL 115,254.00 TOTAL: 230,510 E.... , U.,-..: (Not ,o, S.Pt 23 L.ae.e boual ) Chetx .pr,.t. a .e i, Item 1, ane P "Other". Una., t.m 2, -—n b.a,s ro, aeterm,n ng e...se .,, y .....P on. F., ... mPt­ G.e, .al..leoa, ch— m.tera atOH-100-1, „oration ore.o.ae oe.r.Ilowann.a atOH-10012, ot.. Ct. erregt e e.te or o-- utiny .nvw.ncua. ExPl or or enc. to chs g s In allowances other facto rs wh,ch ,Pause a s,g ni,ica nt change in h. tot., t.mount excess u y oh g e .0 g F. R.v .aaeo B„eg.PY..,. 1. Uti,ty Se,..mea S­rg.o. Ga ❑ E,.00 -,g y0 Oth ,❑ 2. Cg--.nt. 5,500 TOTAL: 5,500 NeP w ng R.nt: (Not,o, Sect,on 23 L. ... o Hoaa,ng.) Compete It.m 1, aP.P y g .o tp o. ren o w om..ne the ,ent.l t.,m . For exam Pie: Comm nity Bui,eing St.— - N,,,. y S.hool - $50 P r month, et.. C'te .h.ngee ­t—P.— d„ g 1h,, RegPesteo B .... t Ye., a,reot ngl, tt,.nat.o Non-awe,ung R.n , Inoom.. SP... Rentea 2. C.- e e To Wb. - TOTAL: 0 R.n T.,ma form HUD -52573 (3/95) P,e„,n,.. Etl,none ... oFeol.ra Page 1 or 4 ,., H.— ... :a 7475.1 Ihn.r.a.hG.n.r.,F.hdlSta=e=wean,o„n=nrpresen=G-- F.— G.nara.F.nd.trepre.ent.. E.,,— , .- ., .nncrea sed or d ecr¢ased erasing reserves, awe.n g enc, op eresi g .p nd.ture s, etc.. which will affect est.m ated ave age monthly ote ,n.¢z=men=..n th. Re,.eated B. g tY.—pE.p .n bake for d. =r..=,.n .f,n=er..t,n..m. d.twaen n... g pros am.. ESTIMATED 0 TOTAL: 0 Ochs C.m m.nt..n E.—.t...,0o.,-- R.d. -.. G.— c.m men=..n —.1 s.gni rant s..rcea .r.nc.m. which wdi PI. . . clear and .ndar.tand ng .r the HA'. pr..p..t... Ov.—,hg Rece,— —.-- ..ring the R.g.¢.t.d B.dg.t Year. F.r Sect,.n 23 Lamed --- e.p.a;n h.... LAUNDRY 3,800 CITY (ANTENNA) 10,160 MISC 5,440 TOTAL: 19,400 Operating Expenditures S. .1 S=....ng S.—,D.— C. e e.m m nf.rm ry r.at..n b..w .n th. boa I. f.— .h.wn .n form HUD -52566, S.hedwe .r a P...=.n. C..m e(1)Enter th. t.=a. h.mbar . p s.t..n. d.agnatad wth =h. p.rre g acc..n=.,ne .ym.p, .. ah.wn C.,.m (1),+.rm HUD -52566. C..m (2) E --h. n.mbar.r........ n=r...-t,meP—,— . ao.cab.e =. HUD -aided h..ang n mon g mens. F., ... mp : A HA h.. I—. "A -NT" .tone ail... b.e t —h h... hg t the race .f 80%. 70%. and 50% respoct,v . Th.., th. e .��a�e nt r... tem .Iti.n .. two (8/10 + 7/10 + 5/10). C.,. (3) Entr .p.rb.n.=.tai..1.ryep.n.e..h.wn C...mn(5).rC.,.mn(6)YarmHUD-52566,a...dab.e_,HUD ...ng; m. ag.menq th.r .n Sean 23 L¢a.edh. 5hg C.wmh(4) En.rthep.rtl.n .ft.tai.aary. van..,.h...n C.,—(5). r C.wmn(10),rrm HUD -52566,x. ab.. Sadb.h 231-easee --hg in m agement. CC.t„m(5) E.t.r=h v r ..n .r =.tai ,a. ry .xp n.a Ih.,,.n .n C..m (5) .r C.I. (7), r—HUD-52566, .g.....e t. M.d—It.t. progr.m ---h, ... pre he naw¢ IP,...emantA.z,e=andaPr. 9r..r c.mpr.h¢.,eGr. —Pr.gr m). C..„m. (6) Eh=.r=h p rt.n sa a y .p na. sh.wh .n C...mn (5).rC.,.mn (9), r— HUD -52566, . Sect,.h 8 Pr.gr.m.. N—: Th. n.mb.r.f...wa.ntr. -.mOldv• ..n. and th..m nt.r... ry .pan, a for . p ...n. deign to "M".n r—, HUD -52566 moat b..--biy d.tr.but.d t. acc..n=,.nea ,ne.ry M..nt.h.d..nd OP E--,— Extr..rd.n.ry M..ht.,.n.. W.r. Pr.j..t., and B.a.rm.nt..hd Add.udn. Work P—j-1. I Carry rbrward t. the aper. r at...n..n HUD -52564, _ .. m..nt ..a. ry ¢.pan.....wn .n ....mn (3) vn ..rre. .n ng line .b.,... C.rry r.rw.rd t. the prat. hne — HUD -52564 (S.-- 23 Lea.ed H.as;ng B.dget), . am.. nt.f sa..ry expense .hb n ,n ..mmn (4) do t a —,—,..—g g ne ab — 2 Th. amv.nt.r sa. y .. n.. d tr b =ed m E.tra.rd.nary M..ntenanc. W.r. Pr.j.c=. and t. B.==erment. and Ad ton. W.rx Pr., t i.=b b. dad me d. t a HA. mHUD-52567. .rm HUD -52573 (3/95) Pa g. 2 .f 4 r.r H. nd...— 7475.1 T.— N. p1 HUD-A.ded M-- nt P,.— r.—EE­--t ,ea.en= F... -Time P. n. .Z. (2) r, E. M.n.g.me 3 —S— Se.11.n231-- H.. ng Oniy ..4 M.d.¢n.r.t..n Pr m. .g5a Sea1.n8 r m .6r. P ­— Adm.h,.trat,.h--Ndnta.nn;.., S..r.­ 1 Ad --t ... i--Techn c.. Saar e. 1 Ord.na y Ma ntan.n.. and OP.rat,.n--L.b.r 1 Other (Sp .ry) (Legai..=cJ 1 E.=ra.rd na y Ma n=en.n.. W.rx Pr.jecta 2 Baa.rm.n=a .nd Addm— W.- P—.alts 2 I Carry rbrward t. the aper. r at...n..n HUD -52564, _ .. m..nt ..a. ry ¢.pan.....wn .n ....mn (3) vn ..rre. .n ng line .b.,... C.rry r.rw.rd t. the prat. hne — HUD -52564 (S.-- 23 Lea.ed H.as;ng B.dget), . am.. nt.f sa..ry expense .hb n ,n ..mmn (4) do t a —,—,..—g g ne ab — 2 Th. amv.nt.r sa. y .. n.. d tr b =ed m E.tra.rd.nary M..ntenanc. W.r. Pr.j.c=. and t. B.==erment. and Ad ton. W.rx Pr., t i.=b b. dad me d. t a HA. mHUD-52567. .rm HUD -52573 (3/95) Pa g. 2 .f 4 r.r H. nd...— 7475.1 s...~ .. ...,... ... .,.~,.. ... ..,.....,......... ...~... .~.n.~...^ a....v...c~ ... HUD ---- .. ,.,.... ..~." ....,.. ....~.,-........... c~ ._HUD ...... ....."......,...---- ..*.~...~.~.s~..."_,........... .........~..~.~,..~.~...-c~ ......'~..~.~,........If— *uD-52158)...~.~..1...,.Il..11l-~....~, SEE HUD FORM 52566 xuo-52571,..'-.~..-..'~.~..~.n.,'.~.e..,.,-.num......~......... ....~...~...~.c.~..a..,..v...s........~.....~......--- ..~.....,....- SEE HUD FORM 52571 W^~' 4,000 E..~~y _-35,700- o.. 17,500- .-. --_-_-_ 0-1 U-11;- ----8,200 G.~^.. 7,500 TOTAL: �7Z900~ ~,.'.~-..'~.~~...'C'..~a~,.v.~ GENERAL MAINTENANCE MATERIALS �21,000_ TOTAL: 21,000 Cl'. '_'.~~--.--.'--... --..-.~~' n'.'..-.o..,.,'.-c..........~.e~.....o..,..v....',-...'.-.~. puw ..°......�~l..C..~.o.._...~...-,..a..°.v...Ir LHA".....~...~.~....,..,...,.~......,...........,...., HUD -52573 (3/95) p~.n..+ ~.*.~.....,ms` m~.........c..~.. -__-10,900 H..._ac..... 250_ S— n'~... �L C. ry s~~..m'...'.— ---�,500' _-_--_-_ L.~-..~.uo--.' ---�,500 __----__ u'.T.-.--. 8,500 s~'.~~ ----_500- p~~~~ ---2,500 _--_--__ 700 �.'~..c.'.... 0_ n,,..m..~.~..c.~~.. 500_ TOTAL: 27,850 HUD -52573 (3/95) p~.n..+ ~.*.~.....,ms` k .... nea. G.— an e.vianauen era eatent a, Rav a ted Beget Ye mated ,ne,aa as .n the PUM ,ate er e.vanda .aa rer,na .once nae, the C „en[ B,—Y.— t Year. C,te cnansea ;n vv a age, v em m ,area, etc. PROPERTY 15,000 LIABILITY 7.000 WORK COMP 5,000 OTHER 550 AUTO TOTAL 27,550 Employee B—m Centriep —.: Leat ap E—i,. Baerm van, to t,e —,te[ed m me Reveeatatl B„d—,Yea. wh,o v—, HUD vo c .,anve has net eea g, en ADMIN FICA $ 80,010 X7.65% 6.120 MAINTENANCE FICA $ 85,690 X 7.65% 6,560 ADMIN BEBEFITS 6,380 MAINTENANCE BEBEFITS 3.440 TOTAL: 22,500 Cp .et eh Leeeea. State tM1e nemhar or tenants a«o nta ,ova at, a to t,e --t err and the n,.mea. and tura I .moent er -1 ecceenta --i—b. re, aetl p esen< antl va cetetl tenants as er[h. month ,n wh,cM1 [M1e es[im ate was ---d WRITE OFFS 500 TOTAL: 500 E.tr.p.d in pry Maintananea, Rap I -- ens or E—,--, na Betee.menta end Ad.itione. Cmc pier HUD pp,—, a eunvatwn ro, each nen—t— work v.aaa ne tldea ,n the R—.1— Bedget antl rer tM1oae re,.....e ypa.a wh,oh maks v the eat mate en rp,m HUD -52570. J.—,,— ............ ,.at y ng.....peat.. vn e, attached to r.,,HUD-52567 nae. net ee reveatea hoe. SEE HUD FORM 52567 Coptraota. List - Dentode, ether than these nates p -g. 3 .,,— re,m —.1 O.a,n ry M—enanoa & Opaeoon (OMO). Cite the name aha oontae typo er convect, coat o oontaot ana centaot paled. J�at,ncata meat ee ---d re, a contact der ce v e dee re, the aapeataa B„ g ttYear (RBY). E.p aeestant— RBY ,ncraa,ea the PUM ,ate er e.v na t ,e re, these oentacts en the Conant B g t Yea, arm HUD -52573 (3/95) P,a,,,e,.. Eemena o.a ea e,ata Page 4 er 4 Hana a 7475.1 Operating Budget Schedule of All Positions and Salaries S— .— ­,. — ---- — P..— ­—­ —1— 1-- — U.S. D--- — H—,- - Ulb.. D..--... 011- - P-1. — 1-1- H.." ­ .... . ........ "OMB A—.— N., 2577-0026 (E- 9/30/2006) N— ., H-- A—.-, L.—, HOPKINS HOUSING AUTHORITY HOPKINS, MN 03/31/13 P11.1.1 R R- -1. 8-11 Y-1 S.-- - P- S—" P.-- T,- R— A, ., S., S.....8 R.:- ............ 9---' P-'- P--' L........ (10 (2) 3 (4) (5) (6) (7) (8) (9) (10) (11) (12) Administrative: EXECUTIVE DIRECTOR 71,810 5,984 12 71,810 71,810 PART TIME OFFICE 8,200 683 12 8,200 8,200 0 0 0 Total Administrative: 80,010 Tenant Services TENANT SERVICES 0 Total Tenant Services: Maintenance: MAINTENANCE 70,500 5,875 12 70,500 70,500 CARETAKER 15,190 1.266 12 15,190 15,190 0 0 0 NO PHA EMPLOYEE REFLECTED IN THE PROPOSED OPERATING BUDGET IS SERVING IN A VARIETY OF POSITIONS WHICH WILL 85.690 Total Maintenance: EXCEED 100 PERCENT ALLOCATION OF HIS/HER TIME. T. — ...... D—.— D. Ornaa D.- W--: HUD--.— ... ..... ..... . . ...... HUD -52566 (3195) P. 1 .1 1 H--- 7475.1 et ype,21 No\tUre'S °m°n< �°` MN Kt.^ °gam ,»hof t`e R P na.ting n 0vko G 2) Ge*. otay. pes Operating Budget U.S. Department of Housing OMB Approval No. 2577-0026 (Exp. 9/30/2006) Schedule of Administration and Urban Development Expense Other Than Salary Office of Public and Indian Housing Public Reporting Burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searchin; existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless that collection displays a valid OMB control number, This information is required by Section 6 (c)(4) of the U.S. Housing Act of 1937. The information is the operating budget for the low-income housing progn and provides a summary of proposed/budgeted receipts and expeditures, approval of budgeted receipts and expenditures, and justifications of certain specified amounts. HUD reviews the information to determine if the operating plan adopted by the PHA and the amounts are reasonable and that the PHA is in compli; with nrocedrrres nrescrihed by MID. Responses are required to obtain benefits. This information does not lend itself to confidentiality. Name of Housing Authority: HOPKINS HOUSING AUTHORITY Locality: 1HOPKINS, MN Fiscal Year End: 03/31/13 (1) Description (2) Total (3) Management (4) Development (5) . Section 8 (6) Other 1 Legal Expense (see Special Note in Instruction) 3,500 3,500 2 Training list and provide justification 2,000 2,000 3 Travel Tri s To Conventions and Meetings (list and provide justification) 0 1 800 4 Other Travel: Outside Area of Jurisdiction 0 5 Within Area of jurisdiction 0 6 Total Travel 800 800 0 0 0 7 Accounting 4,000 4,000 8 Auditing 0 0 9 Sundry Rental of Office Space 4180 0 10 Publications 4194 100 100 11 Membership Dues and Fees 4194 600 600 12 Collection Agent Fees and Court Costs 4194 100 100 13 Administrative Services Contracts 4194 500 500 14 Other Sundry Expense(provide breakdown) 4194 100 100 15 Telephone, Fax, EIectronic Communications 4190 6,000 6,000 16 Forms, Stationary and Office Supplies 4190 5,000 5,000 17 Advertising & Marketing 4192 100 100 18 Total Sundry 12,500 12,500 0 0 0 Total Administrative Expense Other Than Salaries 22,800 22,800 0 0 0 To the best of my knowledge, all of the information stated herein, as well as any information provided in the accompaniment herewith, 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, 3802; Signature of authorized representative & Date: form HUD -52571(3/95) Page 1 of 1 ref Handbook 7475.1 Operating Budget U.S.Depertm—or HousIn, "OMB A,,ro,, No.2577-0026(-P. 9/30/2006) na Urban Development Office of Public ,— In—n Housing See page four for Instructlo ns and P..bll, reporting burden statement . eT—S.m-- F.—. YearE-d,-gcN a T oHUD a «G) MPHA/IHA-Owe Org, n 03 /3/13 E 12 m ❑„e) O„ . (� 01 R¢cHo„ gEle 02 ❑IHAO—.. M...— H— Home —r- , e. Nerve or R,„— Hoang Ag—y/)—m H.—- Awl„e y (PHA/IHA) HOPKINS HOUSING AUTHORITY 03 ❑PHA/IHA Leased R-- H— PHA/IHA Owned T,r- y III 1-1--r, p HPHAIIHA r. A-1— (g y, S,,— =.o =ods) 104 1010 1 ST STREET 05 L-1— H.,nkeown—,„;, HOPKINS MN 55343 g. ACC N. meter „, PAS/LOCCS P—j— N,. ,. HUD F,.,. Orn« C-942 MN07800113M MINNEAPOLIS j. No. or D—., ng U.—Ne. or Un,. Mom.„, No. or Pro, ., 11 JONE 76 912 Agl.,a, ❑X E,.,m,.�z L.—Fi— R ---d S.E.—.— Yr. C„r — B.dge PHA/IHA E---. QHUD M. ---- o Line A.— 03/31/11 03/31/12 — A� Amme„ 1 No. No. PUM PUMPUM (le ne,.e,. $10) PUM (., nr '— $10) (1 (2) (3) (4� (6 7 form HUD -52564(3/95) ob.o,ela Page 1 of 3 ref. H,ndbook 7475.1 .1 ice.. 500. d 540) 386.29 406.63 404.56 368 955.00 P' e, Y.— Add—..� .. 560 1 6010 P—, Y.., Adj.,,-.— A--.— R..... R....— 0.00 Olb— E.P—dll.ra: 570 D. R. R. E„ P . 9 F„ Y'. 0.00 580 T—i 0, -- E.P-1-1 — — „-9 pri., y.. (..,e 550 P .4560 P 570) 386.29 406.63 1 404.56 368,955 590 R—d— R.—P- (o1 D--) ...... HUD . 130 m . 580 ###### ###### 124.50 113 545 HUD CP.«,b„— —: I.— HUD -52564(3195) P.9. 2 -3 r.F. Handbook 7475.1 N. .., PHAPHA HOPKINS HOUSING AUTHORITY Fs.., Y.., En.�ng 03/31/13 Op.,..ing R...r... PHA/IHA E--- HUD M. ---- P.- I - M..i,. Op ... —g R...— - En..r C.,,.— B.., Y.., 780 740 2821 PHA/IHA-L..... H...i.g-S..�i.. 23.r 10(.) 50% .r Lne 480, ...mn 5. r.,- HUD -52564 0..,-- R. t En - P,—... Fia... Y.., - A........ FYE C.m,nenra PHA / IHA Ap pr...., N.-. Fie. Or.i.. Ap -- N. ,n e T.,. Sig n.tvre IMI ,.,,r, HUD -52564(3/95) P.— 3.r3 er. H.n.b..k 7475.1 P. a II-P-I.I., r., .n. E.u,.....r A..— Op—ti,g R. c Fi...i Y.., En. 780 0..,-- R. t En - P,—... Fia... Y.., - A........ FYE 790 P,.,,. , Operating Re.er„e - C-- B—.—Y.., ❑X E——t.. r.n FYE ElA--., FYE 800 0--1— R-- t E..r C.,—t B.dg— Y.., (. ..k. e) ❑X E,ti —. r., FYE 0 A.t.. i r., FYE N/A 810 P,.,,i,,.. r., Op,,—, R.a.r,.. - R.,...re. B..—, Yea, E --t.. r., FYE Enr.rA ..nrr,. e 700 0 820 Ope,—r R .... — t En..r R... --d B..g.t Y..r E.ti,..te. r.r FYE S. m . . 800 . n . 810 0 830 C..b R.-- R. q. rem.nr-25 % Of 480 0 C.m,nenra PHA / IHA Ap pr...., N.-. Fie. Or.i.. Ap -- N. ,n e T.,. Sig n.tvre IMI ,.,,r, HUD -52564(3/95) P.— 3.r3 er. H.n.b..k 7475.1 PHS. Board Resolution OMB No. 2577-0026 Approving Operating Budget U.S. (exp. 12/31/2012) Department of Housing and Development Office of Public and Indian Housing Real Estate Assessment Center (PIH-REA.C) 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 6(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 required to obtain benefits. This inform=finn rine not Icnrl if—If to r nnrl=nfiality PHA Name: HOPKINS HRA PHA Code: MN078 PHA Fiscal Year Beginning: 04/01/2012 Board Resolution Number: 485 Acting on behalf of the Board of Commissioners of the above-named PHA as its Chairperson, I make the followii 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 E] Operating Budgets (for COCC and aft Projects) approved by Board 03/20/2012 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) Eugene Maxwell Signature: 03120/2012 Previous editions are obsolete HUD -52574 (08/2005) HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 485 RESOLUTION AUTHORIZING SUBNHSSION OF THE PUBLIC HOUSING OPERATING BUDGET TO HUD WHEREAS, the Housing and Redevelopment Authority In and For the City of Hopkins, Minnesota (the "Authority"), operates a Low Rent Public Housing Program; and WHEREAS, the Authority, as a requirement of the Department of Housing and Urban Development (HUD), finds it necessary to prepare and submit an Operating Budget annually; and WHEREAS, the Authority has prepared the submission for fiscal year ending 3/31/13. NOW, THEREFORE, BE IT RESOLVED that the Authority Board of Commissioners hereby authorizes the submission of the Public Housing Operating Budget for the period beginning April 1, 2012, and ending March 31, 2013. Adopted this 20th day of March 2012. Chair ATTEST: Executive Director