2014 waha spring conference 04/09/14 budget process
TRANSCRIPT
2014 WAHA SPRING CONFERENCE04/09/14 BUDGET PROCESS
No Name HOUSING AUTHORITY 12 MONTHS ENDING 6/30/14
Date: 12/19/2013
*A
Units 27
Occupancy 100%
REAC HUD
Budget 201
Fiscal Year 2013 *B
Fund #
Line Acct. Units 27 AMP 1 Actual AMP 1 Budget
Variance from
No.
AMP 1
Budget
Revenues
Fiscal Year 2012
AMP 1 Actual AMP 1 Budget Variance from
Budget
Operating Receipts 70,300 3420.000 Net Dwelling Rental 70,400 3422.000 Excess Utilities 70,400 3190.000 Nondwelling Rental 70,500 Total Rental Income
70,600 3691.000 Operating Subsidy 70,600 3445.000 Capital Funds - Operations
71,100 3430.000 Interest on General Fund Investments 71,400 Fraud Recovery 71,500 3448.000 Other Income
79,147
81,660 80,000 1,660 *C 74,479 75,216 (737)
1,800 2,143 2,000 143
1,032 1,400 (368)
- - - - - - -
80,947 83,803 82,000 1,803 *D 75,511 76,616 (1,105) 32,000 36,691 40,000 (3,309)
33,805 24,734 9,071
22,000 2 5,253 20,000 (14,747) 40,145 - 40,145
100
233 300 (67) 494 2,600 (2,106)
-
- -
- -
2,800 3 2,117 2,100 17 135,895 1,800 132,183
Total Operating Income
Operating Expenditures - Administration:
137,847 128,097 144,400 (16,303) 285,849 105,750 178,187
91,100 4110.000 Administrative Salaries (Direct) 91,200 4171.000 Auditing Fees 91,400 4120.000 Advertising & Marketing 91,500 4182.000 Employee Benefit Contributions (Direct) 91,600 4190.010 Office Expenses 91,700 4130.000 Legal Expense 91,800 4150.000 Travel 91,900 4140.000 Staff Training 91,900 4170.000 Accounting Fees 91,900 4190.000 Other Sundry
Total Administrative Expense Tenant Services:
34,320 4 44,136 45,052 (916)
1,450
1,350 1,500 (150)
- - - -
9,446 5 8,164 4,000 4,164
3,500 6 1,841 4,900 (3,059)
100
- 100 (100)
- - - -
- - - - 7,000 7 6,992 - 6,692
5,000 6 4,527 12,000 (7,473)
60,816
67,010 67,552 (842)
53,208 41,184 12,024
1,200 1,200 -
- - -
6,479 - 6,479
556 - 556 50 - 50
- 600 (600)
- 700 (700) 2,370 2,400 (30)
5,331 6,055 (724)
69,194 52,139 17,055
Salaries 92,100 4210.000 92,200 4220.000 92,300 4282.000
Recreation, Publications and Other Services Employee Benefit Contributions
Total Tenant Services Expense
-
- - -
1,000 8 627 2,100 (1,473)
-
- - -
1,000 627 2,100 (1,473)
-
171
-
2 ,039
- -
3 ,000 (2,829) - -
3 ,350 (1,311)
Utilities: 93,100 4310.000 93,200 4320.000
Water/Sewer/Storm Water
Electricity 4,700
3,474 2,900 574
12,200
12,440 12,000 440
3,014 3,500 (1,468)
12,919 13,500 (581)
**Please note that numbers/amounts may differ slightly due to rounding/formulas.
REAC HUD Budget 201
Fund #
Line Acct. Units 27 No.
AMP 1
Revenues 93,300 4330.000 Gas 93,700 4390.000 Other Utilities Expense - Fire
Total Utilities Expense
7,000
500
24,400
5,249 8,400 (3,151)
674 500 174
21,837 23,800 (1,963)
Fiscal Year 2013 *B Fiscal Year 2012
AMP 1 Actual AMP 1 Budget Variance from Budget
AMP 1 Actual AMP 1 Budget Variance from
Budget
8,426 11,500 (3,074)
502 - -
24,861 28,500 (5,122)
*E
Ordinary Maintenance and Operations: 94,100 4410.000 Labor (Direct) 94,200 4420.000 Materials
94300-010 4431.000 Garbage & Trash Removal 94300-020 4430.010 Heating & Cooling 94300-030 4430.020 Snow Removal 94300-040 4430.030 Elevator Maintenance 9 4 3 00 - 0 60 4 4 3 0 . 0 5 0 U ni t Tur na ro und 9 4 3 00 - 0 70 4 4 3 0 . 0 6 0 E lec t r i ca l 9 4 30 0 -0 8 0 44 3 0 . 0 7 0 P lum bing 94 3 0 0 - 0 9 0 4 4 3 0 . 0 8 0 E x ter m inati o n 94 3 0 0 - 1 0 0 4 4 3 0 . 0 9 0 J a n i to r ia l 9 4 30 0 - 11 0 4 4 3 0 . 1 0 0 Rout ine Con t rac t Cos t s 94300-120 4430.000 Miscellaneous Contracts
94,500 4433.000 Employee Benefit Contributions-Maint 94,000 Total Ordinary Maintenance and Operating Expense
Insurance Expense: 96,110 4510.0100 Property Insurance 96,120 4510.0200 Liability Insurance 96,130 4510.0300 Workers' Comp Insurance 96,140 4510.0000 Other Insurance 96,100 Total Insurance
General Expense 96,200 4,590 Other General Expenses 96,210 4,595 Compensated Absences 96,300 4,520 Payments in Lieu of Taxes
Collection Losses 9,600 Total General Expense
96,900 Total Operating Expenditures
Nonoperating Expenditures: 97,100 4,610 Extraordinary Maintenance 97,200 4,620 Casualty Losses
Total Nonoperating Expenditures Total Total Expenditures
Allocated Overhead expenses
17,500 9 19,510 17,500 2,010
4,200
4,821 2,500 2,321
1,700 1,775 - 1,775 700 - - -
1,000 918 - 918
2,600 2,479 - 2,479 600 490 - 490
- - - -
- - - -
600 865 - 865
- - - -
200 - - -
2,000 998 9,300 (8,302)
1,339 10 1,665 1,790 149
32,439
33,520 31,090 2,704
- 12 1,360 2,000 (640)
-
- - -
5,655 13 1,978 5,720 (3,742)
5,655 3,338 7,720 (4,382)
133,820
136,104 142,262 (6,183)
- - - - - - - -
- - - - 133,820 136,104 142,262 (6,183)
- - - -
19,830 23,400 (3,570)
669 3,000 (2,331)
2,672 2,900 (228) 330 - 330
820 - 820
2,249 - 2,249 - - -
- - -
- - -
870 - 870
- - -
54 5,100 (5,046)
1,881 2,900 1,881
1,905 - -
31,280 34,400 (5,025)
- 10,308 (10,308)
332 - 332
944 - 944
9,528 - 9,528
10,804 10,308 496
1,654 - 1,654
- 4,985 (4,985)
4,768 4,812 (890) 2,421
8,842 9,797 (4,221)
147,436 138,494 1,871
- 2,000 (2,000)
3,608 - 3,608
3,608 2,000 1,608 151,044 140,494 3,479
- - -
11 7 ,156 1,465
1,150 -
9 ,772
- 1,300
1,000 7 ,700
10,000
-
1 6 5
1 5 0
(544)
(228)
6,760
1,500
1,250
9,510
**Please note that numbers/amounts may differ slightly due to rounding/formulas.
REAC
HUD Budget 201 Fiscal Year 2013 *B Fiscal Year 2012
Fund #
Line
Acct. Units 27 AMP 1 Actual AMP 1 Budget Variance from Budget
AMP 1 Actual AMP 1 Budget Variance from Budget No.
AMP 1
Revenues
1,104 6,010
4,801
Cash Flow from Operations
Prior Period Adjustments
Net Income (Loss) after Prior Period Adjustments
Subtract: Depreciation
Net Income (Loss) to Balance Sheet
4,027 (8,008) 2,138 (10,120) 134,805 (34,744) 174,708
- - - - - - -
4,027 (8,008) 2,138 (10,120) 134,805 (34,744) 174,708
26,000 37,464 26,000 11,464 26,893 - 26,893
(21,973) (45,471) (23,862) (21,584) 107,912 (34,744) 147,815
BASED ON BACKUP INFORMATION Areas w/corrected information
Occupancy - calculated at 100%. Has PHA been 100% in the last few years
No Name PHA spelled wrong 1 A
2 Capital Fund Grant - using 100% for operations... 2013 - $21,000; 2012 - $21.800....
B? Should say Fiscal Year 2013 - not Year to Date
3 Other Income - Increased 32% in 2014, what additional income is projected. C Difference in Tenant Rental s/b $1,660, not $16,660
4 Admin Sal (Direct) - should break out individual employee salary D Difference in Total Rev s/b $ 1,803, not $16,803.
- does not provide Board info to review for accuracy E Emp Ben - Labor 2013 incorrect, Actual - $1,665 not $ 8; Budget - $1,790 not $129
5 Emp Benefits - increase 15.7% in 2013; 45.8% increase fr 2012 Budget
26% increase 2012 to 2013 2012 $ -
15.7% increase 2013 to 2014 2013 $ 4,000
45.8% increase 2012 to 2014 2014 $ 9,446
Most of benefits from Unemployment Compensation for reduction in hours.... What timeframe is that an expense in FY2014 (7/1/13 to 6/30/14 ... 1/2 year, 1 year??)
6 Office Exp - 2013 Actual and 2014 budget expenses being reported in diff accts office exp s/b $3,500, shows $ 6,500; other sundry s/b $ 5,000, shows $2,000
7. Acct Fee - - Contract cost.... 2013 - did it include set up fees & recreating prior financials
8. Rec/Pub/Other Svcs - ly incl flowers, gift cards, etc. s/b cutting back, why increase to $1,000
9. Labor - Maint should provide breakdown on how estimated hrs x wage x hrs
10. Emp Ben - Decreased 20% - why? LY $1,665; TY bud $1,339
I11. nsurance - 2013 Actual and 2014 budget expenses being reported in diff accts
12. Other Gen Exp - watch entries - - LY 3rd qtr payroll tax $1082; levy fees $75; penalty fees $100 - not eligible HUD costs
13. PILOT - Low in 2013 compared to 2012 / 2014. 2012 - $ 4,768; 2013 - $ 1,978; 2014 - $5,655
**Please note that numbers/amounts may differ slightly due to rounding/formulas.
5
Wisconsin PHA Housing Authority (WIxxx) Single Project Revenue and Expense
20xx Budget
$ 617,150
$ 4,880
$ 622,030
$ 208,565
$ 208,565
$ 528
$ 9,000
$ 840,123
71400 Fraud Recovery
71500 Other Revenue
72000 Invest Income - Restricted
70000 Total Revenue
70610 Capital Grants
70700 Total Fee Revenue
71100 Invest Income - Unrestricted
70600 HUD PHA Operating Grants
2011 Budget
70300 Net Tenant Rental Revenue
70400 Tenant Revenue - Other
70500 Total Tenant Revenue
2014 WAHA SPRING CONFERENCE04/09/14 Financial Review Process
No Name Housing Authority - Public Housing Net Position - Public Housing
February 28, 2014
Current Period Cumulative
ASSETS CURRENT
Cash
01-0-000-000-1111.010 Cash - General Fund 0.00 (1,682.30) 01-0-000-000-1111.020 Cash - Community Bank (867.04) (5,364.27) 01-0-000-000-1111.030 Cash - CB Maintenance Acct 0.00 0.00 01-0-000-000-1111.040 Cash - Community Bank #2042 0.00 0.00 01-0-000-000-1118.000 Change Fund 0.00 25.00 01-0-000-000-1162.000 Cash - Certificates of Deposits 0.00 14,446.81
Total (867.04) 7,425.24
Accounts Receivable 01-0-000-000-1122.000 Accounts Receivable - Tenant (75.00) 1,103.00 01-0-000-000-1125.000 Accounts Receivable - HUD 0.00 0.00 01-0-000-000-1129.000 Accounts Receivable - Other 0.00 0.00
Total (75.00) 1,103.00
Accrued Receivables
01-0-000-000-1145.000 Accrued Interest Receivable (16.44) 0.00 Total (16.44) 0.00
Other Assets
01-0-000-000-1210.000 Prepaid Expenses 0.00 0.00 01-0-000-000-1211.000 Prepaid Insurance (674.26) 3,195.26 01-0-000-000-1260.000 Inventory - Maint Materials 0.00 3,000.00 01-0-000-000-1260.010 Inventory - Office 0.00 1,000.00
Total (674.26) 7,195.26
TOTAL CURRENT ASSETS (1,632.74) 15,723.50
PAGE 1
No Name Housing Authority - Public Housing Net Position - Public Housing
February 28, 2014
Current Period Cumulative
ASSETS NONCURRENT
Fixed Assets
01-0-000-000-1400.060 Land 0.00 67,776.54 01-0-000-000-1400.070 Buildings 0.00 1,197,529.66 01-0-000-000-1400.075 Building Improvements 0.00 142,661.10 01-0-000-000-1400.080 Dwelling Equipment 0.00 44,395.93 01-0-000-000-1400.090 Nondwelling Equipment 0.00 25,804.74 01-0-000-000-1400.100 Land Improvements 0.00 78,026.80 01-0-000-000-1400.150 Accumulated Depreciation (3,121.96) (794,836.15) 01-0-000-000-1400.800 CWIP 0.00 0.00
Total (3,121.96) 761,358.62
TOTAL ASSETS (4,754.70) 777,082.12
PAGE 2
NO NAME Housing Authority - Public Housing Net Position - Public Housing
February 28, 2014
Current Period Cumulative
LIABILITIES & NET POSITION
CURRENT LIABILITIES Accounts Payable
01-0-000-000-2111.000 Accounts Payable - Vendors & Contractors (1,200.00) 0.00 01-0-000-000-2114.000 Tenant Security Deposits 300.00 1,970.00 01-0-000-000-2117.010 Federal Income Tax W/H (276.99) 3,425.38 01-0-000-000-2117.020 Social Security Tax W/H (72.60) 703.53 01-0-000-000-2117.021 Medicare Tax W/H (16.39) 1,271.07 01-0-000-000-2117.030 State Income Tax W/H (77.26) 339.51 01-0-000-000-2117.040 Other W/H 0.00 0.00 01-0-000-000-2119.000 Accounts Payable - Other 0.00 38.94
Total (1,343.24) 7,748.43
Accrued Liabilities 01-0-000-000-2111.010 Accrued Liabilities - Other 0.00 0.00 01-0-000-000-2137.000 Payment in Lieu of Taxes 3,854.01 5,182.46 01-0-000-000-2138.000 Accrued Liabilities - Other (246.64) 0.00
Total 3,607.37 5,182.46
Other Liabilities
01-0-000-000-2240.000 Tenant Prepaid Rents (369.00) 0.00 01-0-000-000-2290.000 Other Deferred Revenue (1,602.00) 0.00
Total (1,971.00) 0.00
TOTAL CURRENT LIABILITIES 293.13 12,930.89
NET POSITION 01-0-000-000-2700.000 CY Net Change (5,047.83) (20,055.78) 01-0-000-000-2802.508 Invested in CA (3,121.96) 761,358.62 01-0-000-000-2810.512 Unrestricted 3,121.96 22,848.39
TOTAL NET POSITION (5,047.83) 764,151.23
TOTAL LIABILITIES AND NET POSITION (4,754.70) 777,082.12
Proof 0.00 0.00 PAGE 3
No Name Housing Authority - Public Housing
Statement of Activities - Public Housing
Eight Month Period - February 28, 2014
****** PERIOD TO DATE****** ***YTD ACTUAL*** ***YTD BUDGET***
PUM Actual Budget PUM Actual Budget Variance PUM 1.00 20.00 27.00 1.00 216.00 216.00 0.00
OPERATING REVENUE Rental Revenue 01-1-3420.000 Tenant Revenue - Rent 331.95 6,639.00 6,839.83 243.03 52,493.50 54,718.64 (2,225.14) 01-1-3422.000 Excess Utilities 3.50 70.00 150.00 0.65 140.00 1,200.00 (1,060.00) 01-1-3422.010 Tenant Revenue - Nondwelling 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 335.45 6,709.00 6,989.83 243.67 52,633.50 55,918.64 (3,285.14) Nonrental Revenue
01-1-3690.000 Other Income 80.10 1,602.00 0.00 27.82 6,008.54 0.00 6,008.54 01-1-3690.010 Other Inc - Tenants 25.71 514.25 233.33 13.18 2,847.65 1,866.64 981.01 01-1-3690.020 Other Inc - CFP Operations 0.00 0.00 1,666.67 23.61 5,099.02 13,333.36 (8,234.34) 01-1-3690.030 Other Inc - Weatherization Gr 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-3691.000 Operating Subsidy 109.90 2,198.00 2,666.67 101.58 21,942.34 21,333.36 608.98
Total 215.71 4,314.25 4,566.67 166.19 35,897.55 36,533.36 (635.81)
TOTAL OPERATING REVENUE 551.16 11,023.25 11,556.50 409.87 88,531.05 92,452.00 (3,920.95)
OPERATING EXPENSES Administration 01-1-4110.000 Administration Salaries 118.65 2,373.00 3,754.33 107.54 23,229.00 30,034.64 (6,805.64) 01-1-4110.010 Admin Salaries - Comp Abs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4120.000 Advertising & Marketing 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4130.000 Legal Expense 0.00 0.00 8.33 0.00 0.00 66.64 (66.64) 01-1-4140.000 Staff Training Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4150.000 Travel Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4160.000 Office Expense 30.11 602.11 291.67 8.03 1,734.94 2,333.36 (598.42) 01-1-4170.000 Accounting Fees 26.75 535.00 358.33 20.63 4,455.00 2,866.64 1,588.36 01-1-4171.000 Audit Fees 26.25 (525.00) 120.83 0.35 75.00 966.64 (891.64) 01-1-4180.000 Office Rent 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4182.000 Employee Benefit Contrib 47.41 948.22 333.33 29.83 6,443.60 2,666.64 3,776.96 01-1-4190.000 Other Admin and Sundry 0.00 0.00 166.67 0.00 0.00 1,333.36 (1,333.36) 01-1-4191.000 Telephone Expense 7.37 147.48 250.00 6.67 1,441.03 2,000.00 (558.97)
Total 204.04 4,080.81 5,283.49 173.05 37,378.57 42,267.92 (4,889.35)
Tenant Services 01-1-4210.000 Tenant Services Salaries 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4220.000 Rec, Pub, and Other 0.00 0.00 125.00 0.00 0.00 1,000.00 (1,000.00) 01-1-4221.000 Comp Absences - T/S 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4222.000 Empl Benefit Contrib - T/S 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 0.00 0.00 125.00 0.00 0.00 1,000.00 (1,000.00)
PAGE 1
No Name Housing Authority - - General Ledger Detail by account code
Page 4a
No Name Housing Authority - Public Housing
Statement of Activities - Public Housing
Eight Month Period - February 28, 2014
****** PERIOD TO DATE****** ***YTD ACTUAL*** ***YTD BUDGET*** OPERATING EXPENSES Utilities
01-1-4310.000 Water
PUM
0.00
Actual
0.00
Budget
225.00
PUM
4.87
Actual
1,051.54
Budget
1,800.00
Variance
(748.46)
01-1-4320.000 Electricity 56.31 1,126.12 1,016.67 33.15 7,159.82 8,133.36 (973.54) 01-1-4330.000 Gas 9.52 190.36 708.33 12.48 2,696.61 5,666.64 (2,970.03) 01-1-4360.000 Sewer 0.00 0.00 58.33 6.28 1,355.70 466.64 889.06 01-1-4370.000 Other Utility Expense 0.00 0.00 41.67 1.59 342.48 333.36 9.12 Total 65.82 1,316.48 2,050.00 58.36 12,606.15 16,400.00 (3,793.85)
Maintenance and Operations
01-1-4410.000 Maintenance Labor 56.25 1,125.00 1,458.33 58.40 12,615.00 11,666.64 948.36 01-1-4410.010 Maint Labor - Comp Abs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4420.000 Maintenance Materials 12.18 243.53 350.00 7.10 1,534.04 2,800.00 (1,265.96) 01-1-4430.000 Contract Costs 13.29 265.86 108.33 4.31 931.57 866.64 64.93 01-1-4430.010 Heating & Cooling 0.00 0.00 58.33 0.00 0.00 466.64 (466.64) 01-1-4430.020 Snow Removal 50.00 1,000.00 83.33 9.44 2,040.00 666.64 1,373.36 01-1-4430.030 Elevator Maintenance 0.00 0.00 216.67 23.13 4,996.07 1,733.36 3,262.71 01-1-4430.040 Landscape & Grounds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4430.050 Unit Turnaround 0.00 0.00 50.00 0.00 0.00 400.00 (400.00) 01-1-4430.060 Electrical 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4430.070 Plumbing 0.00 0.00 0.00 1.97 426.32 0.00 426.32 01-1-4430.080 Extermination 0.00 0.00 50.00 0.18 38.00 400.00 (362.00) 01-1-4430.090 Janitorial 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4430.100 Routine 0.00 0.00 16.67 0.00 0.00 133.36 (133.36) 01-1-4431.000 Garbage & Trash Removal 8.86 177.27 141.67 5.74 1,240.63 1,133.36 107.27 01-1-4433.000 Empl Ben Contrib - Maint 9.77 195.46
149.17 5.03 1,087.11
1,193.36 (106.25)
Total 150.36 3,007.12 2,682.50 115.32 24,908.74 21,460.00 3,448.74
Page: 2
No Name Housing Authority - Public Housing
Statement of Activities - Public Housing Eight Month Period - February 28, 2014
****** PERIOD TO DATE****** ***YTD ACTUAL*** ***YTD BUDGET***
OPERATING EXPENSES General Expenses 01-1-4510.000 Insurance Expense
PUM
0.00
Actual
0.00
Budget
0.00
PUM
0.00
Actual
0.00
Budget
0.00
Variance
0.00 01-1-4510.010 Other Insurance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4510.020 Liability Insurance 5.24 104.75 104.17 3.81 822.16 833.36 (11.20) 01-1-4510.030 Worker's Comp Insurance 5.21 104.16 77.75 3.61 779.22 622.00 157.22 01-1-4510.040 Property Insurance 23.27 465.35 529.33 15.28 3,300.24 4,234.64 (934.40) 01-1-4520.000 Payment in Lieu of Taxes 192.70 3,854.01 476.67 17.84 3,854.01 3,813.36 40.65 01-1-4520.010 PY Pilot adjustment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4540.000 Employee Benefits 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4570.000 Collection Losses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4590.000 Other General Expense 0.00 0.00 166.67 0.00 0.00 1,333.36 (1,333.36) 01-1-4595.000 Compensated Absences 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 226.41 4,528.27 1,354.59 40.54 8,755.63 10,836.72 (2,081.09)
Extraord Maint
01-1-4610.010 Labor 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4610.020 Materials 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4610.030 Contract Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Casualty Losses 01-1-4620.010 Labor 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4620.020 Materials 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-4620.030 Contract Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL OPERATING EXPENSES 646.63 12,932.68 11,495.58 387.26 83,649.09 91,964.64 (8,315.55)
OPERATING INC (LOSS) B4 DEPREC 95.47 (1,909.43) 60.92 22.60 4,881.96 487.36 4,394.60 Depreciation Expense
01-1-4800.000 Depreciation Expense 156.10 3,121.96 0.00 115.63 24,975.68 0.00 24,975.68 Total 156.10 3,121.96 0.00 115.63 24,975.68 0.00 24,975.68
OPERATING INCOME (LOSS) AFTER DEPREC 251.57 (5,031.39 60.92 93.03 (20,093.72) 487.36 (20,581.08)
Page: 3
No Name Housing Authority - Public Housing
Statement of Activities - Public HousingEight Month Period - February 28, 2014
****** PERIOD TO DATE****** ***YTD ACTUAL*** ***YTD BUDGET***
PUM Actual Budget PUM Actual Budget Variance
Nonoperating Revenue (Expense)
01-1-3490.000 Gain (Loss) on Fixed Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 01-1-3610.000 Investment Income 0.82 (16.44) 25.00 0.18 37.94 200.00 (162.06)
Total 0.82 (16.44) 25.00 0.18 37.94 200.00 (162.06)
CHANGE IN NET POSITION 252.39 (5,047.83) 85.92 92.85 (20,055.78) 687.36 (20,743.14)
Prior Period Adjustments
01-1-6010.000 Prior Period Adjustments 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NET CHANGE 252.39 (5,047.83) 85.92 92.85 (20,055.78) 687.36 (20,743.14)
Page: 4