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AGENDA

REGULAR MEETING OF THE LOMITA HOUSING AUTHORITY

Tuesday, June 6, 2017 at 6:15 P.M.

“Members of the Public are Advised that all PAGERS, CELLULAR TELEPHONES and any OTHER COMMUNICATION DEVICES are to be turned off upon entering the City Council Chambers.” If you need to have a discussion with someone in the audience, please step out into the lobby. Written materials distributed to the Commissioners within 72 hours of the Housing Authority meeting are available for public inspection immediately upon distribution in the City Clerk’s office at 24300 Narbonne Avenue. In compliance with the Americans with Disabilities Act (ADA) if you need special assistance to participate in this meeting, you should contact the office of the City Clerk at (310) 325-7110 (voice) or the California Relay Service. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

1. OPENING CEREMONIES

a. Call Meeting to Order b. Flag Salute c. Roll Call

2. ORAL COMMUNICATIONS

Persons wishing to speak on Consent Agenda items or subjects other than those scheduled are requested to do so at this time. Amendments to Government Code Section 54954.2 prohibit the Commissioners from taking action or engaging in discussion on a specific item unless it appears on a posted agenda.

3. COMMISSIONER COMMENTS

4. CONSENT AGENDA

All items under the Consent Agenda are considered to be routine and will be enacted by one motion in the form listed below. There may be separate discussion of these items prior to the time the Housing Authority votes on the motion. Specific items may be removed from the Consent Agenda at the request of any Commissioner or staff.

LOMITA CITY HALL COUNCIL CHAMBERS 24300 Narbonne Avenue

Lomita, CA 90717 Phone: (310) 325-7110

Fax: (310) 325-4024

Mark Waronek, Chairman James Gazeley, Commissioner Henry Sanchez, Jr., Commissioner Michael Savidan, Commissioner Ben Traina, Commissioner Elaine Breitman, Commissioner Rosemary Hart, Commissioner

Lomita Housing Authority Meeting Agenda June 6, 2017

of 2

a) Approval of Housing Authority Minutes – May 2, 2017

ACTION: That the minutes of May 2, 2017, be approved.

b) Lomita Manor May Monthly Activity Report

ACTION: That the Lomita Manor May Monthly Activity Report be received and filed.

c) Lomita Manor April Monthly Financial Document ACTION: That the Lomita Manor April Monthly Financial Document be approved.

SCHEDULED

5. APPROVAL OF THE LOMITA MANOR OPERATING BUDGET FOR FISCAL YEAR 2017-2018

Presented by Assistant City Manager Sugano

ACTION: That the Board of Commissioners approve the Lomita Manor Operating Budget for Fiscal Year (FY) 2017-2018.

6. ADJOURNMENT

The next regular meeting of the Lomita Housing Authority will be held on Tuesday, July 5, 2017 at 6:15 p.m.

I hereby certify under penalty of perjury under the laws of the State of California that the foregoing agenda was posted in the City Hall lobby, bulletin board and City’s website not less than 72 hours prior to the meeting. A copy of said Agenda is on file in the Office of the City Clerk. Dated this 1st day of June, 2017 _________________________________ Sandra M. Medina, MMC City Clerk

ITEM NO #4a

Page 1 of 2

MINUTES OF THE LOMITA HOUSING AUTHORITY

REGULAR MEETING OF MAY 2, 2017

1. OPENING CEREMONIES

a. Call Meeting to Order The meeting was called to order by Chairman Waronek at 6:15 p.m., May 2, 2017 in the Council Chambers, at Lomita City Hall, 24300 Narbonne Avenue, Lomita, CA. b. Flag Salute Commissioner Savidan led the salute to the flag. c. Roll Call Present: Commissioners Breitman, Traina, Sanchez, Gazeley, Savidan, Hart, and Chairman Waronek Absent: None. Staff Present: Executive Director Smoot; General Counsel Rusin; Assistant City Manager Sugano, Secretary Medina.

2. ORAL COMMUNICATIONS

There were no oral comments received.

3. COMMISSIONER COMMENTS

Commissioner Breitman stated that there are three new residents at Lomita Manor and they are excited to be part of the community. She stated that Lomita Manor will be having a Cinco de Mayo celebration and there will also be a social tea on Mother’s Day. Commissioner Hart stated there will be a National Day of Prayer and some Lomita Manor residents will be attending. She stated she attended the CERT training which was very informative. She will use the skills she learned to assist Lomita Manor residents in case of an emergency.

ITEM NO #4a

Page 2 of 2

4. CONSENT AGENDA

Commissioner Sanchez made a motion, seconded by Commissioner Gazeley, to approve the Consent Agenda Items a-c.

a) Approval of Housing Authority Minutes – April 4, 2017

ACTION: That the minutes of April 4, 2017, be approved.

b) Lomita Manor April Monthly Activity Report

ACTION: That the Lomita Manor April Monthly Activity Report be received and filed.

c) Lomita Manor March Monthly Financial Documents

ACTION: That the Lomita Manor March Monthly Financial Documents be approved.

The motion carried by the following vote:

AYES: Commissioners Breitman, Traina, Gazeley, Hart, Sanchez, Savidan and Chairman Waronek

NOES: None ABSENT: None

5. ADJOURNMENT

At 6:22 p.m. Chairman Waronek adjourned the regular meeting to the next meeting to be held on June 6, 2017 at 6:15 p.m. Respectfully submitted,

_________________________________ Sandra M. Medina, Secretary

ITEM NO #4b

Housing Authority of the City of Lomita Lomita Manor

May 2017

VACANCIES

109A

ACTIVITIES

Mondays: 12:00-3:00 pm Bingo

Wednesdays and Thursdays: 11:00 am Exercise class conducted by Diana W.

Fridays: Costco donations organized by staff

MAINTENANCE

Common room carpets were cleaned on each floor.

The Affirmatively Furthering Fair Housing Final Rule is underway with Housing Rights Center.

The new Five-Year Action Plan and Annual Plan drafts were introduced at the Town Hall at LomitaManor on May 15, 2017.

Administrator Isaac Ortega was relocated to another Beacon property. A temp is working at theLomita Office until the new Administrator is hired.

COMMISSIONERS BOARD CHAIRPERSON MARK WARONEK

HENRY SANCHEZ JR. MICHAEL G. SAVIDAN

JIM GAZELEY

BEN TRAINA ELAINE BREITMAN ROSEMARY HART

EXECUTIVE DIRECTOR

HOUSING AUTHORITY of the

CITY OF LOMITA

RYAN SMOOT

OFFICES • 24300 NARBONNE AVENUE, LOMITA • CALIFORNIA 90717 (310) 325-7110 • FAX (310) 325-4024 • www.lomita.com/cityhall/citygov/hcd/lha

Item #CC 4c

June 6, 2017

Housing Authority of the City of Lomita Board of Commissioners

Re: Lomita Manor Monthly Financial Documents – April 2017 Financial Statement

This is to advise that the following documents were prepared by the Property Management Company, Beacon Communities and have been reviewed by the Administrative Services Director of the City of Lomita.

1. Monthly Financial Statements2. General Ledger Report3. Vendor Aging Report4. Check Register, and5. Bank Statement

Sincerely,

Susan Kamada Administrative Services Director

Attachments

http://www.lomita.com/cityhall/citygov/hcd/lha

PROJECT NUMBER: 41 PROJECT NAME: LOMITA MANOR

Operating Cash - Beginning of Month 97,711

Amounts Received:Rent - Current 23,099HUD Operating Subsidy 9,328Interest on Operating Account 12

Total Receipts 32,439

Disbursements:

A/P Checks Disbursement (Incl Contract Billing) (45,131)

Misc Other/Bank fees (190)Total Disbursements (45,321)

Operating Cash - End of Month 84,830

TOTAL CASH, END OF MONTH 84,830

ACCOUNT TYPE BANK NAME BEGINNING DEPOSITS / CHECKS/DEBITS ENDING

BALANCE INTEREST WITHDRAWAL BALANCE

Operating Wells Fargo 97,711 32,439 (45,321) 84,830

97,711 32,439 (45,321) 84,830

Security Deposit Wells Fargo 22,450 274 - 22,724

22,450 274 - 22,724

TOTAL CASH 120,162 32,713 (45,321) 107,554

Prepared by: Quyen NguyenTitle: Senior AccountantDate: 5/8/17

BEACON COMMUNITIES, INC.

LOMITA MANOR SENIOR HOUSING

MONTHLY REPORT FOR ESTABLISHING NET INCOME

April 30, 2017

1

CURRENT MONTH YEAR TO DATEApril 30, 2017 April 30, 2017 Annual

Actual Budget Budget Diff Budget % Var Actual Budget Budget Diff Budget % Var

Revenue

Rental Revenue5120.000 - Rent Revenue - Gross Potential 22,038 22,812 (774) (3.39) 226,006 228,120 (2,114) (0.92) 273,7445121.000 - Tenant Assistance Payments 9,328 14,021 (4,693) (33.47) 118,765 140,210 (21,445) (15.29) 168,2525220.000 - Vacancies (60) 0 (60) 0.00 (570) 0 (570) 0.00 0

Net Rental Income 31,306 36,833 (5,527) (15.00) 344,201 368,330 (24,129) (6.55) 441,996

Financial Revenue5410.000 - Interest Revenue - Project Operations 12 0 12 0.00 86 0 86 0.00 0

Total Financial Revenue 12 0 12 0.00 86 0 86 0.00 0

Miscellaneous Revenue5910.000 - Laundry Revenue 4,208 325 3,883 1,194.68 4,208 3,250 958 29.46 3,9005920.001 - Damages & Cleaning Charges 0 0 0 0.00 75 0 75 0.00 05970.002 - Grant 0 0 0 0.00 11,801 0 11,801 0.00 05990.000 - Miscellanous Revenue-Community 0 0 0 0.00 113,751 0 113,751 0.00 0

Total Miscellaneous Revenue 4,208 325 3,883 1,194.68 129,835 3,250 126,585 3,894.89 3,900

Total Revenue 35,526 37,158 (1,632) (4.39) 474,122 371,580 102,542 27.59 445,896

Operating Expense

Administrative Expenses6203.000 - Training/Meeting/Conferences 0 67 67 100.00 58 670 612 91.47 8046204.000 - Management Consultants 0 2,500 2,500 100.00 104 25,000 24,896 99.58 30,0006205.000 - IT Support Services 220 250 30 11.98 2,271 2,500 229 9.18 3,0006205.001 - IT Equipment 0 67 67 100.00 637 670 33 4.82 8046210.000 - Advertising and Marketing 0 208 208 100.00 1,843 2,080 237 11.41 2,4966210.001 - Recruitment 13 5 (8) (160.00) 13 50 37 74.00 606250.000 - Other Renting Expenses 177 250 73 29.24 4,306 2,500 (1,806) (72.24) 3,0006311.000 - Office Supplies 0 83 83 100.00 1,016 830 (186) (22.39) 9966311.001 - Office Equipment Lease Expense 293 350 57 16.44 4,096 3,500 (596) (17.02) 4,2006311.002 - Telephone/Fax/Cell Phone/Elevator 72 542 470 86.70 3,829 5,420 1,591 29.35 6,5046311.003 - Postage/FedEx/UPS 0 125 125 100.00 120 1,250 1,130 90.35 1,5006311.004 - Dues & Fees 61 125 64 50.80 1,299 1,250 (49) (3.91) 1,5006311.006 - Bank Fees 128 167 39 23.27 1,202 1,670 468 28.02 2,0046311.008 - Payroll Fees 0 10 10 100.00 0 100 100 100.00 1206311.009 - Miscellaneous Supplies 0 83 83 100.00 0 830 830 100.00 9966311.011 - Resident Activities 0 267 267 100.00 2,931 2,670 (261) (9.78) 3,2046320.000 - Management Fee 3,850 3,850 0 0.00 38,500 38,500 0 0.00 46,2006330.000 - Manager Salaries 4,160 4,225 65 1.53 38,748 42,250 3,502 8.29 50,7006330.001 - Manager Salaries - Non-prod(Vacation)

0 0 0 0.00 2,998 0 (2,998) 0.00 0

6340.000 - Legal Expense - Project 0 208 208 100.00 3,978 2,080 (1,898) (91.22) 2,4966350.000 - Audit/Tax Return Expense 0 63 63 100.00 0 630 630 100.00 7566351.000 - Bookkeeping Fees 578 578 0 0.08 5,775 5,780 5 0.08 6,9366370.000 - Bad Debts Expense 116 0 (116) 0.00 3,913 0 (3,913) 0.00 06390.000 - Miscellaneous Administrative Ex-penses

0 83 83 100.00 0 830 830 100.00 996

6390.001 - Business Travel & Entertainment 0 58 58 100.00 0 580 580 100.00 696Total Administrative Expenses 9,668 14,164 4,496 31.74 117,637 141,640 24,003 16.94 169,968

Lomita ManorIncome Statement Actual vs. BudgetFor the Period Ended April 30, 2017

Created on: 05/12/2017, 10:03 AM Page 1



Utilities6450.000 - Electricity 1,400 2,083 683 32.78 16,652 20,830 4,178 20.05 24,9966451.000 - Water 1,150 1,667 517 31.01 12,840 16,670 3,830 22.97 20,0046452.000 - Gas 625 417 (208) (49.90) 4,617 4,170 (447) (10.72) 5,0046453.000 - Sewer 0 143 143 100.00 0 1,430 1,430 100.00 1,716

Total Utilities Expense 3,175 4,310 1,135 26.33 34,109 43,100 8,991 20.85 51,720

Maintenance Expenses6510.000 - Maintenance Salaries 3,387 3,951 564 14.26 31,790 39,510 7,720 19.54 47,4126510.001 - Maintenance Salaries - Non-prod(Vacation)

0 0 0 0.00 4,993 0 (4,993) 0.00 0

6510.002 - Maintenance Salaries - Incentive,Bonus, Award

0 0 0 0.00 300 0 (300) 0.00 0

6510.003 - Maintenance Salaries - Overtime,Double-Time

2 0 (2) 0.00 673 0 (673) 0.00 0

6515.000 - Janitorial/Cleaning Supplies 0 250 250 100.00 1,550 2,500 950 38.00 3,0006515.002 - Grounds Supplies 0 8 8 100.00 3,304 80 (3,224) (4,029.51) 966515.003 - Maintenance Uniforms 0 33 33 100.00 425 330 (95) (28.88) 3966515.004 - Plumbing Supplies 0 250 250 100.00 4,145 2,500 (1,645) (65.80) 3,0006515.005 - Electrical Supplies 0 167 167 100.00 4,864 1,670 (3,194) (191.24) 2,0046515.006 - Decorating Supplies 0 83 83 100.00 903 830 (73) (8.84) 9966515.008 - Miscellaneous Maintenance Supplies 0 83 83 100.00 78 830 752 90.67 9966525.000 - Garbage & Trash Removal 951 1,000 49 4.94 9,211 10,000 789 7.89 12,0006546.000 - HVAC Repairs & Maintenance 0 317 317 100.00 287 3,170 2,883 90.94 3,804

Total Maintenance Expense 4,340 6,142 1,802 29.34 62,523 61,420 (1,103) (1.79) 73,704

Maintenance Contracts6520.000 - Maintenance Contracts 0 3,583 3,583 100.00 40,158 35,830 (4,328) (12.08) 42,9966520.002 - Elevator Contract 0 417 417 100.00 4,312 4,170 (142) (3.41) 5,0046520.003 - Exterminating Contract 140 208 68 32.69 2,227 2,080 (147) (7.06) 2,4966520.004 - Grounds Contract 300 533 233 43.71 3,925 5,330 1,405 26.36 6,3966520.005 - Decorating Contract 0 0 0 0.00 137 0 (137) 0.00 0

Total Maintenance Contract Expense 440 4,741 4,301 90.71 50,759 47,410 (3,349) (7.06) 56,892

Apartment Turnovers6516.000 - Unit Turnover Expenses 0 431 431 100.00 4,883 4,310 (573) (13.29) 5,172

Total Apartment Turnover Expense 0 431 431 100.00 4,883 4,310 (573) (13.29) 5,172

Service Coordinator Expenses6935.000 - Service Coordinator Salary 293 1,385 1,092 78.81 10,649 13,850 3,201 23.10 16,6206935.002 - Service Coordinator Salaries - Incen-tive, Bonus, Award

0 0 0 0.00 300 0 (300) 0.00 0

6936.000 - Service Coordinator Expenses - Of-fice Supplies

0 38 38 100.00 498 380 (118) (31.04) 456

6936.001 - Service Coordinator Expenses -Travel (Hotel, Air, Mlge,Rental, Meals)

0 58 58 100.00 72 580 508 87.69 696

Total Service Coordinator Expenses 293 1,481 1,188 80.19 11,519 14,810 3,291 22.22 17,772

Taxes and Insurance6711.000 - Payroll Taxes (FICA) 590 728 138 18.95 6,502 7,280 778 10.68 8,7366720.000 - Property & Liability Insurance 1,782 667 (1,115) (167.20) 15,113 6,670 (8,443) (126.58) 8,004





(Hazard)6720.001 - D&O Insurance 109 133 24 18.67 1,158 1,330 172 12.93 1,5966720.002 - Excess Liability Insurance 686 0 (686) 0.00 4,807 0 (4,807) 0.00 06722.000 - Workman's Compensation 653 653 0 0.00 3,910 6,530 2,620 40.12 7,8366723.000 - Health Insurance 860 1,378 518 37.59 11,073 13,780 2,707 19.64 16,5366723.001 - Retirement 261 316 55 17.40 3,125 3,160 35 1.10 3,7926723.002 - Unemployment Insurance 33 60 27 45.00 281 600 319 53.16 720

Total Taxes and Insurance 4,974 3,935 (1,039) (26.40) 45,969 39,350 (6,619) (16.82) 47,220

Total Operating Expense 22,890 35,204 12,314 34.97 327,399 352,040 24,641 6.99 422,448

Total Net Operating Income/(Loss) 12,636 1,954 10,682 546.66 146,723 19,540 127,183 650.88 23,448

Total Project Expenses 22,890 35,204 (12,314) (34.97) 327,399 352,040 (24,642) (6.99) 422,448

Total Project Net Income (before Reserves &CapEx)

12,636 1,954 10,682 546.66 146,723 19,540 127,183 650.88 23,448

Capital Expenditures1410.001 - Land Improvements 0 0 0 0.00 83,660 0 83,660 0.00 01420.001 - Building Improvements 0 0 0 0.00 34,808 0 34,808 0.00 01465.000 - Office Furniture & Equipment 0 0 0 0.00 11,800 0 11,800 0.00 0

Capital Expenditures 0 0 0 0.00 130,268 0 130,268 0.00 0

Net Income (Loss) (on Operations) 12,636 1,954 10,682 546.66 16,455 19,540 (3,085) (15.78) 23,448

Other Non-Cash Expenses & RevenueDepreciation Expense 1,651 867 784 90.40 12,989 8,670 4,319 49.81 10,404

GAAP Net Income/(Loss) 10,985 1,087 9,898 910.57 133,734 10,870 122,864 1,130.30 13,044

Cash Flow (12,882) 1,954 (14,836) (759.28) 5,734 19,540 (13,806) (70.65) 23,448

Increase (decrease) in Ops Cash per Bal Sheet (12,882) 0 (12,882) 0.00 5,734 0 5,734 0.00 0



April 30, 2017 March 31, 2017 Period Difference

AssetsCurrent Assets

Cash1120.000 - Cash - Operating 84,828.95 97,711.43 (12,882.48)

Total Cash 84,828.95 97,711.43 (12,882.48)

Other Restricted Cash1191.000 - Cash - Security Deposits 22,724.03 22,450.19 273.84

Total Other Restricted Cash 22,724.03 22,450.19 273.84

Accounts Receivable Tenants & Other1130.000 - Accounts Receivable - Tenant Rent 289.00 286.00 3.00

Total Accounts Receivable Tenants & Other 289.00 286.00 3.00

Prepaid Expenses and Deposits1200.000 - Prepaid Expenses - Other 3,433.31 4,119.98 (686.67)1200.001 - Prepaid Expense - Property Insurance 6,153.41 7,384.09 (1,230.68)1200.008 - Prepaid Expense - D&O 648.99 757.15 (108.16)

Total Prepaid Expenses and Deposits 10,235.71 12,261.22 (2,025.51)

Reserves & Impounds - Restricted Cash1330.000 - Cash - Operating Reserve 147,457.26 147,457.26 0.00

Total Reserves & Impounds - Restricted Cash 147,457.26 147,457.26 0.00Total Current Assets 265,534.95 280,166.10 (14,631.15)

Net Fixed AssetsFixed Assets

1410.001 - Land Improvements 83,660.00 83,660.00 0.001420.001 - Building Improvements 75,451.26 75,451.26 0.001440.000 - Building Equipment 25,391.00 25,391.00 0.001465.000 - Office Furniture & Equipment 15,480.47 15,480.47 0.001470.000 - Maintenance Equipment 1,957.64 1,957.64 0.00

Total Fixed Assets 201,940.37 201,940.37 0.00

Accumulated Depreciation1495.000 - Accum. Depr. - Land Improvements 2,788.68 2,323.90 464.781495.002 - Accum. Depr. - Building Improvements 32,508.11 31,610.37 897.741495.003 - Accum. Depr. - Building Equipment 3,429.40 3,272.12 157.281495.004 - Accum. Depr. - Office Furniture & Equipment 4,170.76 4,072.42 98.341495.005 - Accum. Depr. - Maintenance Equipment 1,661.85 1,629.22 32.63

Total Accumulated Depreciation 44,558.80 42,908.03 1,650.77Net Fixed Assets 157,381.57 159,032.34 (1,650.77)

Total Assets 422,916.52 439,198.44 (16,281.92)

Liabilities & Equity

Liabilities

Current Liabilities2109.000 - Accounts Payable - Accrued Expenses 2,850.00 0.00 2,850.002110.000 - Accounts Payable - Operations 15,954.64 42,945.88 (26,991.24)2114.000 - Accounts Payable - Beacon Communities 15,523.79 15,954.64 (430.85)

Lomita ManorBalance Sheet

April 30, 2017


April 30, 2017 March 31, 2017 Period Difference

2118.000 - Escheat Checks Payable 83.00 83.00 0.002120.000 - Accrued Vacation Payable 11,568.96 11,568.96 0.00

Total Current Liabilities 45,980.39 70,552.48 (24,572.09)

Other Current Liabilities2210.000 - Prepaid Revenue 2,854.19 6,087.91 (3,233.72)

Total Other Current Liabilities 2,854.19 6,087.91 (3,233.72)

Other Liabilities2191.000 - Security Deposits Payable 20,076.00 19,540.00 536.002191.001 - Security Deposit Interest Payable 1,033.03 1,030.19 2.84

Total Other Liabilities 21,109.03 20,570.19 538.84Total Liabilities 69,943.61 97,210.58 (27,266.97)

Equity3131.000 - Unrestricted Net Assets 147,457.26 147,457.26 0.003140.000 - Retained Earnings - Profit or Loss 71,781.43 71,781.43 0.00Current Net Income 133,734.22 122,749.17 10,985.05

Total Equity 352,972.91 341,987.86 10,985.05

Total Liabilities & Equity 422,916.52 439,198.44 (16,281.92)

Lomita ManorBalance Sheet

April 30, 2017


DESCRIPTION Amount

Employees' Wages/Salaries for the month 8,432.62Work Comp, Unemployment Ins, Pension & Health Benefits 1,820.00Property/Liability Insurance 551.58IT Support Services 220.03Purchase Card -Other-AP transactions- 72.06Bookkeeping Fees (77 units* $7.50) 577.50Rental Housing Mgmt fees ($50*77 units) 3,850.00TOTAL DUE TO Beacon For the Month 15,523.79

Recap:

Balance as of 6/30/2016 16,835.14

July Charges 16,799.30July Repayment to Beacon (16,835.14)

Ending Balance @ 07/31/16 16,799.30

August Charges 17,230.47August Repayment to Beacon (16,799.30)

Ending Balance @ 08/31/16 17,230.47

September Charges 17,396.40September Repayment to Beacon (17,230.47)

Ending Balance @ 09/30/16 17,396.40

October Charges 14,253.33October Repayment to Beacon (17,396.40)

Ending Balance @ 10/31/16 14,253.33

November Charges 16,699.16November Repayment to Beacon (14,253.33)

Ending Balance @ 11/30/16 16,699.16

December Charges 17,065.34December Repayment to Beacon (16,699.16)

Ending Balance @ 12/31/16 17,065.34

January Charges 16,967.05January Repayment to Beacon (17,065.34)

Ending Balance @ 01/31/17 16,967.05

February Charges 17,198.47February Repayment to Beacon (16,967.05)

Ending Balance @ 02/28/17 17,198.47

March Charges 15,954.64March Repayment to Beacon (17,198.47)

Ending Balance @ 03/31/17 15,954.64

April Charges 15,523.79April Repayment to Beacon (15,954.64)

Ending Balance @ 04/30/17 15,523.79

Lomita Manor

CONTRACT BILLING

April 30, 2017

5/9/2017 1

Posted Dt. Doc Dt. Doc Memo / Description Location JNL Debit Credit Balance

1120.000 - Cash - Operating (Balance Forward As of 04/01/2017) 97,711.4304/03/2017 04/03/2017 22785 AP Pymt - Academy Awning Inc LOM DB 1 22,050.00 75,661.4304/03/2017 04/03/2017 40020170403 10/2017-400 Deposited 04/03/2017 Settle-

ment:2501421522LOM OARB 468.00 1 76,129.43

04/03/2017 04/03/2017 40120170403 10/2017-401 Deposited 04/03/2017 Settle-ment:2502186682

LOM OARB 8,535.00 1 84,664.43


LOM OARB 2,386.00 1 87,050.43


LOM OARB 9,279.00 1 96,329.43

04/05/2017 04/05/2017 22786 AP Pymt - Amtech Elevator Services LOM DB 1 600.30 95,729.1304/05/2017 04/05/2017 22787 AP Pymt - Beacon Communities, Inc. LOM DB 1 17,198.47 78,530.6604/05/2017 04/05/2017 22788 AP Pymt - HD Supply Ltd LOM DB 1 808.51 77,722.1504/05/2017 04/05/2017 22789 AP Pymt - Home Depot Credit Services - Phoenix LOM DB 1 108.03 77,614.1204/05/2017 04/05/2017 22790 AP Pymt - Real Page Inc LOM DB 1 589.48 77,024.6404/05/2017 04/05/2017 22791 AP Pymt - So Cal Edison LOM DB 1 1,475.69 75,548.9504/05/2017 04/05/2017 22792 AP Pymt - Swenson Group - Livermore LOM DB 1 115.40 75,433.5504/05/2017 04/05/2017 1 LOM 04.17 Subsidy Payment LOM GJ 9,328.00 1 84,761.5504/06/2017 04/06/2017 40420170406 10/2017-404 Deposited 04/06/2017 Settle-

ment:2520145570LOM OARB 383.00 1 85,144.55


LOM OARB 210.00 1 85,354.55


LOM OARB 403.00 1 85,757.55


LOM OARB 216.00 1 85,973.55


LOM OARB 341.00 1 86,314.55

04/24/2017 04/24/2017 1 LOM - 04.17 Operating Cash Activities LOM GJ 1 61.50 86,253.0504/24/2017 04/24/2017 1 LOM - 04.17 Operating Cash Activities LOM GJ 1 128.13 86,124.9204/26/2017 04/26/2017 22793 AP Pymt - CalMet Services Inc LOM DB 1 950.56 85,174.3604/26/2017 04/26/2017 22794 AP Pymt - Gas Co LOM DB 1 625.12 84,549.2404/26/2017 04/26/2017 22795 AP Pymt - Real Page Inc LOM DB 1 176.88 84,372.3604/26/2017 04/26/2017 22796 AP Pymt - Round The Clock Pest Control Inc LOM DB 1 140.00 84,232.3604/26/2017 04/26/2017 22797 AP Pymt - Swenson Group - Dallas LOM DB 1 292.44 83,939.9204/30/2017 04/30/2017 41020170430 10/2017-410 Deposited 04/30/2017 LOM OARB 877.00 1 84,816.9204/30/2017 04/30/2017 1 Bank Interest Earned LOM DB 12.03 1 84,828.95

Totals for 1120.000 - Cash - Operating 32,438.03 45,320.51 84,828.9511120.002 - Cash - BCC Operating (Balance Forward As of 04/01/2017) 0.00

04/26/2017 04/26/2017 6390 AP Pymt - ATT Mobility - Box 9004 LOM DB 1 72.06 (72.06)04/26/2017 04/26/2017 1 - LOM: Inter-Entity Payable Due To - BCI LOM IEP 72.06 1 0.00

Totals for 1120.002 - Cash - BCC Operating 72.06 72.06 0.0011130.000 - Accounts Receivable - Tenant Rent (Balance Forward As of 04/01/2017) 286.00

04/01/2017 04/01/2017 20170401 Accounts Receivable - Tenant Rent LOM OARA 1 8,531.00 (8,245.00)04/01/2017 04/01/2017 20170401 Accounts Receivable - Tenant Rent LOM OARA 21,282.00 1 13,037.0004/03/2017 04/03/2017 20170403 Accounts Receivable - Tenant Rent LOM OARA 1 207.00 12,830.0004/04/2017 04/04/2017 20170404 Accounts Receivable - Tenant Rent LOM OARA 1 10,646.00 2,184.0004/06/2017 04/06/2017 20170406 Accounts Receivable - Tenant Rent LOM OARA 1 705.00 1,479.0004/10/2017 04/10/2017 20170410 Accounts Receivable - Tenant Rent LOM OARA 1 214.00 1,265.0004/11/2017 04/11/2017 20170411 Accounts Receivable - Tenant Rent LOM OARA 1 662.00 603.0004/12/2017 04/12/2017 20170412 Accounts Receivable - Tenant Rent LOM OARA 1 314.00 289.00

Totals for 1130.000 - Accounts Receivable - Tenant Rent 21,282.00 21,279.00 289.0011191.000 - Cash - Security Deposits (Balance Forward As of 04/01/2017) 22,450.19

04/07/2017 04/07/2017 40620170407 10/2017-406 Deposited 04/07/2017 Settle- LOM OARB 271.00 1 22,721.19

Lomita Manor Senior HousingGeneral Ledger Report

For Prior Month (04/01/2017 to 04/30/2017)

LOM--Lomita Manor

Created on: 05/12/2017, 9:58 AM PDT Page 1


ment:252446772604/30/2017 04/30/2017 1 Bank Interest Earned LOM DB 2.84 1 22,724.03

Totals for 1191.000 - Cash - Security Deposits 273.84 0.00 22,724.0311200.000 - Prepaid Expenses - Other (Balance Forward As of 04/01/2017) 4,119.98

04/30/2017 04/30/2017 1 Excess Liability Insurance Expense LOM GJ 1 686.67 3,433.31Totals for 1200.000 - Prepaid Expenses - Other 0.00 686.67 3,433.3111200.001 - Prepaid Expense - Property Insurance (Balance Forward As of 04/01/2017) 7,384.09

04/30/2017 04/30/2017 1 Earthquake Insurance Expense LOM GJ 1 1,230.68 6,153.41Totals for 1200.001 - Prepaid Expense - Property Insurance 0.00 1,230.68 6,153.4111200.008 - Prepaid Expense - D&O (Balance Forward As of 04/01/2017) 757.15

04/30/2017 04/30/2017 1 D&O Insurance Expense LOM GJ 1 108.16 648.99Totals for 1200.008 - Prepaid Expense - D&O 0.00 108.16 648.9911330.000 - Cash - Operating Reserve (Balance Forward As of 04/01/2017) 147,457.26Totals for 1330.000 - Cash - Operating Reserve 0.00 0.00 147,457.2611410.001 - Land Improvements (Balance Forward As of 04/01/2017) 83,660.00Totals for 1410.001 - Land Improvements 0.00 0.00 83,660.0011420.001 - Building Improvements (Balance Forward As of 04/01/2017) 75,451.26Totals for 1420.001 - Building Improvements 0.00 0.00 75,451.2611440.000 - Building Equipment (Balance Forward As of 04/01/2017) 25,391.00Totals for 1440.000 - Building Equipment 0.00 0.00 25,391.0011465.000 - Office Furniture & Equipment (Balance Forward As of 04/01/2017) 15,480.47Totals for 1465.000 - Office Furniture & Equipment 0.00 0.00 15,480.4711470.000 - Maintenance Equipment (Balance Forward As of 04/01/2017) 1,957.64Totals for 1470.000 - Maintenance Equipment 0.00 0.00 1,957.6411495.000 - Accum. Depr. - Land Improvements (Balance Forward As of 04/01/2017) (2,323.90)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Replacem Fire Line/Pipe, serial number AS-004914-161212

LOM FA 1 464.78 (2,788.68)

Totals for 1495.000 - Accum. Depr. - Land Improvements 0.00 464.78 (2,788.68)11495.002 - Accum. Depr. - Building Improvements (Balance Forward As of 04/01/2017) (31,610.37)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-#201A TURNOVER,serial number AS-002771-140729

LOM FA 1 26.27 (31,636.64)


LOM FA 1 22.94 (31,659.58)


LOM FA 1 23.25 (31,682.83)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-#306 TURNOVER,serial number AS-002772-140729

LOM FA 1 18.94 (31,701.77)


LOM FA 1 31.35 (31,733.12)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-106B TURNOVER,serial number AS-002782-140729

LOM FA 1 30.71 (31,763.83)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Apartment Rehab,serial number AS-002780-140729

LOM FA 1 98.89 (31,862.72)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Awning Replace- LOM FA 1 122.50 (31,985.22)



LOM--Lomita Manor



ment, serial number AS-004963-17041004/01/2017 04/01/2017 1 Depreciation for asset LOM-COMMERCIAL

DOOR OPENER, serial number AS-002781-140729

LOM FA 1 63.58 (32,048.80)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Carpet Installation&Refinish Kitchen, serial number AS-002778-140729

LOM FA 1 37.92 (32,086.72)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Carpet and Painting,serial number AS-002768-140729

LOM FA 1 273.56 (32,360.28)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Carpeting and Paint-ing, serial number AS-002779-140729

LOM FA 1 49.97 (32,410.25)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Renovation Unit307B, serial number AS-004794-160907 Unit307B

LOM FA 1 40.47 (32,450.72)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Replace Fire Line -Utility Room, serial number AS-004915-161212

LOM FA 1 57.39 (32,508.11)

Totals for 1495.002 - Accum. Depr. - Building Improvements 0.00 897.74 (32,508.11)11495.003 - Accum. Depr. - Building Equipment (Balance Forward As of 04/01/2017) (3,272.12)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Fire Alarm System,serial number AS-004532-160504

LOM FA 1 132.95 (3,405.07)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Install HVAC, serialnumber AS-002773-140729

LOM FA 1 24.33 (3,429.40)

Totals for 1495.003 - Accum. Depr. - Building Equipment 0.00 157.28 (3,429.40)11495.004 - Accum. Depr. - Office Furniture & Equipment (Balance Forward As of 04/01/2017) (4,072.42)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Commonity Furniture,serial number AS-004912-161209

LOM FA 1 98.34 (4,170.76)

Totals for 1495.004 - Accum. Depr. - Office Furniture & Equipment 0.00 98.34 (4,170.76)11495.005 - Accum. Depr. - Maintenance Equipment (Balance Forward As of 04/01/2017) (1,629.22)

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Refrigerators & GasRanges, serial number AS-002777-140729

LOM FA 1 32.63 (1,661.85)

Totals for 1495.005 - Accum. Depr. - Maintenance Equipment 0.00 32.63 (1,661.85)12109.000 - Accounts Payable - Accrued Expenses (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 LOM - 0417 Accrued Operating Expenses LOM GJ 1 300.00 (300.00)04/30/2017 04/30/2017 1 LOM - 0417 Accrued Operating Expenses LOM GJ 1 1,150.00 (1,450.00)04/30/2017 04/30/2017 1 LOM - 0417 Accrued Operating Expenses LOM GJ 1 1,400.00 (2,850.00)

Totals for 2109.000 - Accounts Payable - Accrued Expenses 0.00 2,850.00 (2,850.00)12110.000 - Accounts Payable - Operations (Balance Forward As of 04/01/2017) (42,945.88)

04/03/2017 04/03/2017 22785 AP Pymt - Academy Awning Inc LOM DB 22,050.00 1 (20,895.88)04/05/2017 04/05/2017 22786 AP Pymt - Amtech Elevator Services LOM DB 600.30 1 (20,295.58)04/05/2017 04/05/2017 22787 AP Pymt - Beacon Communities, Inc. LOM DB 17,198.47 1 (3,097.11)04/05/2017 04/05/2017 22788 AP Pymt - HD Supply Ltd LOM DB 808.51 1 (2,288.60)04/05/2017 04/05/2017 22789 AP Pymt - Home Depot Credit Services - Phoenix LOM DB 108.03 1 (2,180.57)04/05/2017 04/05/2017 22790 AP Pymt - Real Page Inc LOM DB 589.48 1 (1,591.09)04/05/2017 04/05/2017 22791 AP Pymt - So Cal Edison LOM DB 1,475.69 1 (115.40)04/05/2017 04/05/2017 22792 AP Pymt - Swenson Group - Livermore LOM DB 115.40 1 0.0004/13/2017 02/09/2017 18669 Bill - Round The Clock Pest Control Inc LOM APA 1 140.00 (140.00)04/13/2017 03/31/2017 12513421 Bill - CalMet Services Inc LOM APA 1 950.56 (1,090.56)04/13/2017 03/31/2017 20424372 Bill - Swenson Group - Dallas LOM APA 1 292.44 (1,383.00)04/13/2017 04/04/2017 01350501803/0

417Bill - Gas Co LOM APA 1 195.38 (1,578.38)

04/13/2017 04/04/2017 11430501061/0 Bill - Gas Co LOM APA 1 429.74 (2,008.12)



LOM--Lomita Manor



41704/13/2017 04/01/2017 I1703088844 Bill - Real Page Inc LOM APA 1 176.88 (2,185.00)04/24/2017 04/16/2017 12381644 Bill - ATT Mobility - Box 9004: wireless phone LOM APA 1 72.06 (2,257.06)04/26/2017 04/26/2017 6390 AP Pymt - ATT Mobility - Box 9004 LOM DB 72.06 1 (2,185.00)04/26/2017 04/26/2017 22793 AP Pymt - CalMet Services Inc LOM DB 950.56 1 (1,234.44)04/26/2017 04/26/2017 22794 AP Pymt - Gas Co LOM DB 625.12 1 (609.32)04/26/2017 04/26/2017 22795 AP Pymt - Real Page Inc LOM DB 176.88 1 (432.44)04/26/2017 04/26/2017 22796 AP Pymt - Round The Clock Pest Control Inc LOM DB 140.00 1 (292.44)04/26/2017 04/26/2017 22797 AP Pymt - Swenson Group - Dallas LOM DB 292.44 1 0.0004/30/2017 04/12/2017 27 Bill - Beacon Communities, Inc.: Beacon Commu-

nities advances for month March 2017LOM APA 1 15,954.64 (15,954.64)

Totals for 2110.000 - Accounts Payable - Operations 45,202.94 18,211.70 (15,954.64)12114.000 - Accounts Payable - Beacon Communities (Balance Forward As of 04/01/2017) (15,954.64)

04/01/2017 04/01/2017 1 BCI 4.2017 Prop Liab Ins LOM GJ 1 551.58 (16,506.22)04/01/2017 04/01/2017 1 BCI 4.2017 Workers Comp LOM GJ 1 653.00 (17,159.22)04/01/2017 04/01/2017 1 IT Support Services through 4.2017 LOM GJ 1 220.03 (17,379.25)04/15/2017 04/15/2017 1 04.15.2017 Payroll LOM GJ 1 4,058.41 (21,437.66)04/26/2017 04/26/2017 1 - LOM: Inter-Entity Payable Due To - BCI LOM IEP 1 72.06 (21,509.72)04/30/2017 04/12/2017 27 Bill - Beacon Communities, Inc.: Beacon Commu-

nities advances for month March 2017LOM APA 15,954.64 1 (5,555.08)

04/30/2017 04/30/2017 1 04.30.2017 Payroll LOM GJ 1 4,374.21 (9,929.29)04/30/2017 04/30/2017 1 4.2017 Benefits LOM GJ 1 1,167.00 (11,096.29)04/30/2017 04/30/2017 1 MANAGEMENT FEES/Managed Community LOM GJ 1 4,427.50 (15,523.79)

Totals for 2114.000 - Accounts Payable - Beacon Communities 15,954.64 15,523.79 (15,523.79)12118.000 - Escheat Checks Payable (Balance Forward As of 04/01/2017) (83.00)Totals for 2118.000 - Escheat Checks Payable 0.00 0.00 (83.00)12120.000 - Accrued Vacation Payable (Balance Forward As of 04/01/2017) (11,568.96)

04/01/2017 04/01/2017 1 Reversed -- 3.2017 Vacation accruals LOM GJA 11,568.96 1 0.0004/30/2017 04/30/2017 1 4.2017 Vacation accruals LOM GJA 1 11,568.96 (11,568.96)

Totals for 2120.000 - Accrued Vacation Payable 11,568.96 11,568.96 (11,568.96)12191.000 - Security Deposits Payable (Balance Forward As of 04/01/2017) (19,540.00)


LOM OARB 1 265.00 (19,805.00)


LOM OARB 1 271.00 (20,076.00)

Totals for 2191.000 - Security Deposits Payable 0.00 536.00 (20,076.00)12191.001 - Security Deposit Interest Payable (Balance Forward As of 04/01/2017) (1,030.19)

04/30/2017 04/30/2017 1 Bank Interest Earned: Interest earned LOM DB 1 2.84 (1,033.03)Totals for 2191.001 - Security Deposit Interest Payable 0.00 2.84 (1,033.03)12210.000 - Prepaid Revenue (Balance Forward As of 04/01/2017) (6,087.91)

04/01/2017 04/01/2017 20170401 Prepaid Revenue LOM OARA 1,240.00 1 (4,847.91)04/01/2017 04/01/2017 20170401 Prepaid Revenue LOM OARA 8,531.00 1 3,683.0904/03/2017 04/03/2017 20170403 Prepaid Revenue LOM OARA 203.00 1 3,886.0904/03/2017 04/03/2017 20170403 Prepaid Revenue LOM OARA 207.00 1 4,093.0904/03/2017 04/03/2017 40020170403 10/2017-400 Deposited 04/03/2017 Settle-

ment:2501421522LOM OARB 1 203.00 3,890.09


LOM OARB 1 8,535.00 (4,644.91)

04/04/2017 04/04/2017 20170404 Prepaid Revenue LOM OARA 10,646.00 1 6,001.0904/04/2017 04/04/2017 40220170404 10/2017-402 Deposited 04/04/2017 Settle- LOM OARB 1 2,386.00 3,615.09



LOM--Lomita Manor



ment:250912647404/04/2017 04/04/2017 40320170404 10/2017-403 Deposited 04/04/2017 Settle-

ment:2509374826LOM OARB 1 9,279.00 (5,663.91)

04/06/2017 04/06/2017 20170406 Prepaid Revenue LOM OARA 593.00 1 (5,070.91)04/06/2017 04/06/2017 40420170406 10/2017-404 Deposited 04/06/2017 Settle-

ment:2520145570LOM OARB 1 383.00 (5,453.91)


LOM OARB 1 210.00 (5,663.91)

04/07/2017 04/07/2017 20170407 Prepaid Revenue LOM OARA 179.00 1 (5,484.91)04/07/2017 04/07/2017 40720170407 10/2017-407 Deposited 04/07/2017 Settle-

ment:2524467694LOM OARB 1 403.00 (5,887.91)

04/10/2017 04/10/2017 20170410 Prepaid Revenue LOM OARA 4,421.72 1 (1,466.19)04/10/2017 04/10/2017 40820170410 10/2017-408 Deposited 04/10/2017 Settle-

ment:2530528626LOM OARB 1 216.00 (1,682.19)

04/11/2017 04/11/2017 20170411 Prepaid Revenue LOM OARA 1 268.00 (1,950.19)04/12/2017 04/12/2017 20170412 Prepaid Revenue LOM OARA 314.00 1 (1,636.19)04/12/2017 04/12/2017 40920170412 10/2017-409 Deposited 04/12/2017 Settle-

ment:2537209178LOM OARB 1 341.00 (1,977.19)

04/30/2017 04/30/2017 41020170430 10/2017-410 Deposited 04/30/2017 LOM OARB 1 877.00 (2,854.19)Totals for 2210.000 - Prepaid Revenue 26,334.72 23,101.00 (2,854.19)13131.000 - Unrestricted Net Assets (Balance Forward As of 04/01/2017) (147,457.26)Totals for 3131.000 - Unrestricted Net Assets 0.00 0.00 (147,457.26)13140.000 - Retained Earnings - Profit or Loss (Balance Forward As of 04/01/2017) (194,530.60)Totals for 3140.000 - Retained Earnings - Profit or Loss 0.00 0.00 (194,530.60)15120.000 - Rent Revenue - Gross Potential (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 20170401 Rent Revenue - Gross Potential LOM OARA 1 22,522.00 (22,522.00)04/03/2017 04/03/2017 20170403 Rent Revenue - Gross Potential LOM OARA 1 203.00 (22,725.00)04/07/2017 04/07/2017 20170407 Rent Revenue - Gross Potential LOM OARA 1 179.00 (22,904.00)04/11/2017 04/11/2017 20170411 Rent Revenue - Gross Potential LOM OARA 930.00 1 (21,974.00)04/21/2017 04/21/2017 20170421 Rent Revenue - Gross Potential LOM OARA 1 2.00 (21,976.00)04/24/2017 04/24/2017 20170424 Rent Revenue - Gross Potential LOM OARA 1 2.00 (21,978.00)04/30/2017 04/30/2017 20170430 Rent Revenue - Gross Potential LOM OARA 1 60.00 (22,038.00)

Totals for 5120.000 - Rent Revenue - Gross Potential 930.00 22,968.00 (22,038.00)15121.000 - Tenant Assistance Payments (Balance Forward As of 04/01/2017) 0.00

04/05/2017 04/05/2017 1 LOM 04.17 Subsidy Payment LOM GJ 1 9,328.00 (9,328.00)Totals for 5121.000 - Tenant Assistance Payments 0.00 9,328.00 (9,328.00)15220.000 - Vacancies (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 20170430 Vacancies LOM OARA 60.00 1 60.00Totals for 5220.000 - Vacancies 60.00 0.00 60.0015410.000 - Interest Revenue - Project Operations (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 Bank Interest Earned: Interest earned LOM DB 1 12.03 (12.03)Totals for 5410.000 - Interest Revenue - Project Operations 0.00 12.03 (12.03)15910.000 - Laundry Revenue (Balance Forward As of 04/01/2017) 0.00

04/10/2017 04/10/2017 20170410 Laundry Revenue LOM OARA 1 4,207.72 (4,207.72)Totals for 5910.000 - Laundry Revenue 0.00 4,207.72 (4,207.72)16205.000 - IT Support Services (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 IT Support Services through 4.2017 LOM GJ 220.03 1 220.03



LOM--Lomita Manor



Totals for 6205.000 - IT Support Services 220.03 0.00 220.0316210.001 - Recruitment (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 4.2017 Benefits LOM GJ 13.00 1 13.00Totals for 6210.001 - Recruitment 13.00 0.00 13.0016250.000 - Other Renting Expenses (Balance Forward As of 04/01/2017) 0.00

04/13/2017 04/01/2017 I1703088844 Bill - Real Page Inc: 1.00 176.88 HACOLACanidates Background Overages Charges

LOM APA 176.88 1 176.88

Totals for 6250.000 - Other Renting Expenses 176.88 0.00 176.8816311.001 - Office Equipment Lease Expense (Balance Forward As of 04/01/2017) 0.00

04/13/2017 03/31/2017 20424372 Bill - Swenson Group - Dallas: 1.00 292.44 CopierSystem Agreement Fees

LOM APA 292.44 1 292.44

Totals for 6311.001 - Office Equipment Lease Expense 292.44 0.00 292.4416311.002 - Telephone/Fax/Cell Phone/Elevator (Balance Forward As of 04/01/2017) 0.00

04/24/2017 04/16/2017 12381644 Bill - ATT Mobility - Box 9004: wireless phone LOM APA 72.06 1 72.06Totals for 6311.002 - Telephone/Fax/Cell Phone/Elevator 72.06 0.00 72.0616311.004 - Dues & Fees (Balance Forward As of 04/01/2017) 0.00

04/24/2017 04/24/2017 1 LOM - 04.17 Operating Cash Activities LOM GJ 61.50 1 61.50Totals for 6311.004 - Dues & Fees 61.50 0.00 61.5016311.006 - Bank Fees (Balance Forward As of 04/01/2017) 0.00

04/24/2017 04/24/2017 1 LOM - 04.17 Operating Cash Activities LOM GJ 128.13 1 128.13Totals for 6311.006 - Bank Fees 128.13 0.00 128.1316320.000 - Management Fee (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 MANAGEMENT FEES/Managed Community LOM GJ 3,850.00 1 3,850.00Totals for 6320.000 - Management Fee 3,850.00 0.00 3,850.0016330.000 - Manager Salaries (Balance Forward As of 04/01/2017) 0.00

04/15/2017 04/15/2017 1 04.15.2017 Payroll LOM GJ 2,080.08 1 2,080.0804/30/2017 04/30/2017 1 04.30.2017 Payroll LOM GJ 2,080.08 1 4,160.16

Totals for 6330.000 - Manager Salaries 4,160.16 0.00 4,160.1616330.001 - Manager Salaries - Non-prod (Vacation) (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 Reversed -- 3.2017 Vacation accruals LOM GJA 1 5,472.00 (5,472.00)04/30/2017 04/30/2017 1 4.2017 Vacation accruals LOM GJA 5,472.00 1 0.00

Totals for 6330.001 - Manager Salaries - Non-prod (Vacation) 5,472.00 5,472.00 0.0016351.000 - Bookkeeping Fees (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 MANAGEMENT FEES/Managed Community LOM GJ 577.50 1 577.50Totals for 6351.000 - Bookkeeping Fees 577.50 0.00 577.5016370.000 - Bad Debts Expense (Balance Forward As of 04/01/2017) 0.00

04/06/2017 04/06/2017 20170406 Bad Debts Expense LOM OARA 112.00 1 112.0004/21/2017 04/21/2017 20170421 Bad Debts Expense LOM OARA 2.00 1 114.0004/24/2017 04/24/2017 20170424 Bad Debts Expense LOM OARA 2.00 1 116.00

Totals for 6370.000 - Bad Debts Expense 116.00 0.00 116.0016450.000 - Electricity (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 LOM - 0417 Accrued Operating Expenses LOM GJ 1,400.00 1 1,400.00



LOM--Lomita Manor



Totals for 6450.000 - Electricity 1,400.00 0.00 1,400.0016451.000 - Water (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 LOM - 0417 Accrued Operating Expenses LOM GJ 1,150.00 1 1,150.00Totals for 6451.000 - Water 1,150.00 0.00 1,150.0016452.000 - Gas (Balance Forward As of 04/01/2017) 0.00

04/13/2017 04/04/2017 01350501803/0417

Bill - Gas Co: 1.00 195.38 Gas Services LOM APA 195.38 1 195.38

04/13/2017 04/04/2017 11430501061/0417

Bill - Gas Co: 1.00 429.74 Gas Services LOM APA 429.74 1 625.12

Totals for 6452.000 - Gas 625.12 0.00 625.1216510.000 - Maintenance Salaries (Balance Forward As of 04/01/2017) 0.00

04/15/2017 04/15/2017 1 04.15.2017 Payroll LOM GJ 1,693.60 1 1,693.6004/30/2017 04/30/2017 1 04.30.2017 Payroll LOM GJ 1,693.60 1 3,387.20

Totals for 6510.000 - Maintenance Salaries 3,387.20 0.00 3,387.2016510.001 - Maintenance Salaries - Non-prod (Vacation) (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 Reversed -- 3.2017 Vacation accruals LOM GJA 1 6,096.96 (6,096.96)04/30/2017 04/30/2017 1 4.2017 Vacation accruals LOM GJA 6,096.96 1 0.00

Totals for 6510.001 - Maintenance Salaries - Non-prod (Vacation) 6,096.96 6,096.96 0.0016510.003 - Maintenance Salaries - Overtime, Double-Time (Balance Forward As of 04/01/2017) 0.00

04/15/2017 04/15/2017 1 04.15.2017 Payroll LOM GJ 0.95 1 0.9504/30/2017 04/30/2017 1 04.30.2017 Payroll LOM GJ 0.95 1 1.90

Totals for 6510.003 - Maintenance Salaries - Overtime, Double-Time 1.90 0.00 1.9016520.003 - Exterminating Contract (Balance Forward As of 04/01/2017) 0.00

04/13/2017 02/09/2017 18669 Bill - Round The Clock Pest Control Inc: 1.00140.00 Late Invoice Pest Control

LOM APA 140.00 1 140.00

Totals for 6520.003 - Exterminating Contract 140.00 0.00 140.0016520.004 - Grounds Contract (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 LOM - 0417 Accrued Operating Expenses LOM GJ 300.00 1 300.00Totals for 6520.004 - Grounds Contract 300.00 0.00 300.0016525.000 - Garbage & Trash Removal (Balance Forward As of 04/01/2017) 0.00

04/13/2017 03/31/2017 12513421 Bill - CalMet Services Inc: 1.00 950.56 Trash andRecycle Services (extra $ Bulky Items)

LOM APA 950.56 1 950.56

Totals for 6525.000 - Garbage & Trash Removal 950.56 0.00 950.5616600.000 - Depr. Expense - Land Improvements (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Replacem Fire Line/Pipe, serial number AS-004914-161212

LOM FA 464.78 1 464.78

Totals for 6600.000 - Depr. Expense - Land Improvements 464.78 0.00 464.7816600.002 - Depr. Expense - Building Improvements (Balance Forward As of 04/01/2017) 0.00


LOM FA 26.27 1 26.27


LOM FA 22.94 1 49.21


LOM FA 23.25 1 72.46

04/01/2017 04/01/2017 1 Depreciation for asset LOM-#306 TURNOVER, LOM FA 18.94 1 91.40



LOM--Lomita Manor



serial number AS-002772-14072904/01/2017 04/01/2017 1 Depreciation for asset LOM-#310A TURNOVER,

serial number AS-002769-140729LOM FA 31.35 1 122.75

04/01/2017 04/01/2017 1 Depreciation for asset LOM-106B TURNOVER,serial number AS-002782-140729

LOM FA 30.71 1 153.46

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Apartment Rehab,serial number AS-002780-140729

LOM FA 98.89 1 252.35

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Awning Replace-ment, serial number AS-004963-170410

LOM FA 122.50 1 374.85

04/01/2017 04/01/2017 1 Depreciation for asset LOM-COMMERCIALDOOR OPENER, serial number AS-002781-140729

LOM FA 63.58 1 438.43

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Carpet Installation&Refinish Kitchen, serial number AS-002778-140729

LOM FA 37.92 1 476.35

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Carpet and Painting,serial number AS-002768-140729

LOM FA 273.56 1 749.91

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Carpeting and Paint-ing, serial number AS-002779-140729

LOM FA 49.97 1 799.88

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Renovation Unit307B, serial number AS-004794-160907 Unit307B

LOM FA 40.47 1 840.35

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Replace Fire Line -Utility Room, serial number AS-004915-161212

LOM FA 57.39 1 897.74

Totals for 6600.002 - Depr. Expense - Building Improvements 897.74 0.00 897.7416600.003 - Depr. Expense - Building Equipment (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Fire Alarm System,serial number AS-004532-160504

LOM FA 132.95 1 132.95

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Install HVAC, serialnumber AS-002773-140729

LOM FA 24.33 1 157.28

Totals for 6600.003 - Depr. Expense - Building Equipment 157.28 0.00 157.2816600.004 - Depr. Expense - Office Furniture & Equipment (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Commonity Furniture,serial number AS-004912-161209

LOM FA 98.34 1 98.34

Totals for 6600.004 - Depr. Expense - Office Furniture & Equipment 98.34 0.00 98.3416600.005 - Depr. Expense - Maintenance Equipment (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 Depreciation for asset LOM-Refrigerators & GasRanges, serial number AS-002777-140729

LOM FA 32.63 1 32.63

Totals for 6600.005 - Depr. Expense - Maintenance Equipment 32.63 0.00 32.6316711.000 - Payroll Taxes (FICA) (Balance Forward As of 04/01/2017) 0.00

04/15/2017 04/15/2017 1 04.15.2017 Payroll LOM GJ 283.78 1 283.7804/30/2017 04/30/2017 1 04.30.2017 Payroll LOM GJ 306.22 1 590.00

Totals for 6711.000 - Payroll Taxes (FICA) 590.00 0.00 590.0016720.000 - Property & Liability Insurance (Hazard) (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 BCI 4.2017 Prop Liab Ins LOM GJ 551.58 1 551.5804/30/2017 04/30/2017 1 Earthquake Insurance Expense LOM GJ 1,230.68 1 1,782.26

Totals for 6720.000 - Property & Liability Insurance (Hazard) 1,782.26 0.00 1,782.2616720.001 - D&O Insurance (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 D&O Insurance Expense LOM GJ 108.16 1 108.16Totals for 6720.001 - D&O Insurance 108.16 0.00 108.16



LOM--Lomita Manor



16720.002 - Excess Liability Insurance (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 Excess Liability Insurance Expense LOM GJ 686.67 1 686.67Totals for 6720.002 - Excess Liability Insurance 686.67 0.00 686.6716722.000 - Workman's Compensation (Balance Forward As of 04/01/2017) 0.00

04/01/2017 04/01/2017 1 BCI 4.2017 Workers Comp LOM GJ 653.00 1 653.00Totals for 6722.000 - Workman's Compensation 653.00 0.00 653.0016723.000 - Health Insurance (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 4.2017 Benefits LOM GJ 860.00 1 860.00Totals for 6723.000 - Health Insurance 860.00 0.00 860.0016723.001 - Retirement (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 4.2017 Benefits LOM GJ 261.00 1 261.00Totals for 6723.001 - Retirement 261.00 0.00 261.0016723.002 - Unemployment Insurance (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 4.2017 Benefits LOM GJ 33.00 1 33.00Totals for 6723.002 - Unemployment Insurance 33.00 0.00 33.0016935.000 - Service Coordinator Salary (Balance Forward As of 04/01/2017) 0.00

04/30/2017 04/30/2017 1 04.30.2017 Payroll LOM GJ 293.36 1 293.36Totals for 6935.000 - Service Coordinator Salary 293.36 0.00 293.361Grand Total 190,226.85 190,226.85 0.00



LOM--Lomita Manor


BECO94588 Beacon Communities, Inc. 27 04/30/2017 04/12/2017 04/12/2017 0 15,954.64 0.00 0.00 0.00 0.00 15,954.64Total for BECO94588 15,954.64 0.00 0.00 0.00 0.00 15,954.64

Grand Totals 15,954.64 0.00 0.00 0.00 0.00 15,954.64

Location: LOM--Lomita Manor

Lomita Manor Senior HousingVendor Aging Report

Based on: GL Posting Date As of: 04/30/2017Vendor ID Vendor Name Bill GL Posting Date Bill Date Due Date Days

Aged0-30 31-60 61-90 91-120 121- Total

Report date 05/11/2017Created on: 05/11/2017, 8:34 AM PDT Page 1

Date Vendor Document No Amount Cleared

1 Bank: LOM Operating - Wells Fargo Bank Account No: 4124301342 104/03/2017 ACAW90640--Academy Awning Inc 22785 22,050.00 04/30/201704/05/2017 AESE91185--Amtech Elevator Services 22786 600.30 04/30/201704/05/2017 BECO94588--Beacon Communities, Inc. 22787 17,198.47 04/30/201704/05/2017 HDSU92150--HD Supply Ltd 22788 808.51 04/30/201704/05/2017 HDCS85062--Home Depot Credit Services - Phoenix 22789 108.03 04/30/201704/05/2017 REPA75267--Real Page Inc 22790 589.48 04/30/201704/05/2017 SCED91772-0001--So Cal Edison 22791 1,475.69 04/30/201704/05/2017 SWGR94551--Swenson Group - Livermore 22792 115.40 04/30/201704/26/2017 CASE90723--CalMet Services Inc 22793 950.56 In Transit04/26/2017 GACO91756--Gas Co 22794 625.12 In Transit04/26/2017 REPA75267--Real Page Inc 22795 176.88 In Transit04/26/2017 RCPC91351--Round The Clock Pest Control Inc 22796 140.00 In Transit04/26/2017 SWGR75266--Swenson Group - Dallas 22797 292.44 In Transit1 Total for LOM Operating 1 45,130.88 11 1 Total: 45,130.88 11 1 1 1 11 1 Grand Total: 45,130.88 1

Lomita Manor Senior HousingCheck Register

Location: LOM--Lomita Manor


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(182)

Commercial Checking Acct W InterestAccount number: ■ April 1, 2017 - April 30, 2017 ■ Page 1 of 2

LOMITA MANOROPERATING ACCOUNT6120 STONERIDGE MALL RD STE 300PLEASANTON CA 94588-3298

Questions?

Call your Customer Service Officer or Client Services

1-800-AT WELLS (1-800-289-3557)5:00 AM TO 6:00 PM Pacific Time Monday - Friday

Online: wellsfargo.com

Write: Wells Fargo Bank, N.A. (182)PO Box 63020San Francisco, CA 94163

Account summaryCommercial Checking Acct W InterestAccount number Beginning balance Total credits Total debits Ending balance4124301342 $98,440.64 $31,876.03 -$43,614.72 $86,701.95

Interest summaryAnnual percentage yield earned this period 0.15%Interest earned during this period $12.03Year to date interest and bonuses paid $39.14

CreditsElectronic deposits/bank credits

Effective Posteddate date Amount Transaction detail

04/03 315.00 Lomita Manor Settlement 040317 000002486688558 Beacon CommunitiesInc

04/04 8,535.00 Lomita Manor Settlement 040417 000002502186682 Beacon CommunitiesInc


04/06 9,328.00 Hud Treas 310 Misc Pay 040617 xxxxx0103RMT*VV*09900948336********Hud Operating Fund CA13






Sheet Seq = 0017371Sheet 00001 of 00002

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Account number: 4124301342 ■ April 1, 2017 - April 30, 2017 ■ Page 2 of 2

©2010 Wells Fargo Bank, N.A.All rights reserved. Member FDIC.

Electronic deposits/bank credits (continued)




04/30 04/28 12.03 Interest Payment

$31,876.03 Total electronic deposits/bank credits

$31,876.03 Total credits

DebitsElectronic debits/bank debits


04/11 128.13 Client Analysis Srvc Chrg 170410 Svc Chge 0317 00000412430134204/18 61.50 Rpi Transbilling Sigonfile 041817 Wh0Kh3 Lomita Manor

$189.63 Total electronic debits/bank debits

Checks paid

Number Amount Date Number Amount Date Number Amount Date22780 479.21 04/06 22787 17,198.47 04/11 22790 589.48 04/1122785 * 22,050.00 04/10 22788 808.51 04/11 22791 1,475.69 04/1122786 600.30 04/10 22789 108.03 04/11 22792 115.40 04/10

$43,425.09 Total checks paid * Gap in check sequence.

$43,614.72 Total debits

Daily ledger balance summary

Date Balance Date Balance Date Balance03/31 98,440.64 04/06 125,886.43 04/12 86,410.4204/03 98,755.64 04/07 128,482.43 04/13 86,751.4204/04 107,290.64 04/10 105,716.73 04/18 86,689.9204/05 116,569.64 04/11 86,007.42 04/28 86,701.95

Average daily ledger balance $95,656.78

Sheet Seq = 0017372Sheet 00002 of 00002

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Lomita Manor Senior HousingReconciliation Report

As Of 04/30/2017Account: Cash - Operating

Statement Ending Balance 1 86,701.95Deposits in Transit 1 877.00Outstanding Checks and Charges 1 (2,750.00)Adjusted Bank Balance 1 84,828.951 1 1Book Balance 1 84,828.95Adjustments* 1 0.00Adjusted Book Balance 1 84,828.951 1 1

11

1 Total Checks andCharges Cleared

43,614.72 Total Deposits Cleared 31,876.03

1

DepositsName Memo Date Doc No Cleared In TransitGeneral Ledger Entry 09/2017-414 Deposited

03/31/201703/31/2017 41420170331 315.00 1

General Ledger Entry 10/2017-400 Deposited04/03/2017 Settle-ment:2501421522

04/03/2017 40020170403 468.00 1


04/03/2017 40120170403 8,535.00 1


04/04/2017 40220170404 2,386.00 1


04/04/2017 40320170404 9,279.00 1

General Ledger Entry LOM 04.17 SubsidyPayment

04/05/2017 1 9,328.00 1


04/06/2017 40420170406 383.00 1


04/06/2017 40520170406 210.00 1


04/07/2017 40720170407 403.00 1


04/10/2017 40820170410 216.00 1


04/12/2017 40920170412 341.00 1

General Ledger Entry 10/2017-410 Deposited04/30/2017

04/30/2017 41020170430 1 877.00

1 1 04/30/2017 1 12.03 1Total Deposits 31,876.03 877.00

1

Checks and ChargesName Memo Date Check No Cleared OutstandingJ McKeeve PlumbingInc

1 08/19/2014 22021 1 304.00

CROW, ROBERT Unit - LOM002-304B 02/24/2015 22196 1 19.00To the Estate ofGRANT, MARGARET

Unit - LOM002-201B 04/29/2015 22228 1 150.00

IORILLO, YUCEL Unit - LOM002-109B 05/13/2015 22253 1 92.00South Coast AQMD 1 03/22/2017 22780 479.21 1Academy Awning Inc 1 04/03/2017 22785 22,050.00 1Amtech Elevator Ser-vices

1 04/05/2017 22786 600.30 1

Beacon Communities,Inc.

1 04/05/2017 22787 17,198.47 1


Lomita Manor Senior HousingReconciliation Report

As Of 04/30/2017Account: Cash - Operating

HD Supply Ltd 1 04/05/2017 22788 808.51 1Home Depot CreditServices - Phoenix

1 04/05/2017 22789 108.03 1

Real Page Inc 1 04/05/2017 22790 589.48 1So Cal Edison 1 04/05/2017 22791 1,475.69 1Swenson Group - Liver-more

1 04/05/2017 22792 115.40 1

General Ledger Entry LOM - 04.17 OperatingCash Activities

04/24/2017 1 128.13 1

General Ledger Entry LOM - 04.17 OperatingCash Activities

04/24/2017 1 61.50 1

CalMet Services Inc 1 04/26/2017 22793 1 950.56Gas Co 1 04/26/2017 22794 1 625.12Real Page Inc 1 04/26/2017 22795 1 176.88Round The Clock PestControl Inc

1 04/26/2017 22796 1 140.00

Swenson Group - Dal-las

1 04/26/2017 22797 1 292.44

Total Checks and Charges 43,614.72 2,750.00


1

TO: Board of Commissioners

FROM: Ryan Smoot, Executive Director

PREPARED BY: Daniella Ward, Administrative Assistant

MEETING DATE: June 6, 2017

SUBJECT: Approval of the Lomita Manor Operating Budget for Fiscal Year 2017-2018

________________________________________________________________________________

RECOMMENDATION

It is recommended that the Board of Commissioners approve the Lomita Manor Operating Budget for Fiscal Year (FY) 2017-2018.

BACKGROUND

The Housing Authority of the City of Lomita is required to annually prepare and submit a budget to the Department of Housing and Urban Development (HUD) for Lomita Manor. The attached Lomita Manor Operating Budget details the anticipated revenues and expenses for FY 2017-2018, which will begin on July 1, 2017, and ends on June 30, 2018. The projected cost of operating Lomita Manor for FY 2017-2018 is $400,128. The proposed budget also has a recommended operating contingency of $22,671 for unplanned expenses during the course of the fiscal year.

Calendar Year (CY) 2017 Operating Subsidy Submission

Part of the anticipated revenue for the budget is based on the Operating Subsidy. The Housing Authority must submit an annual Operating Subsidy request to HUD, which is separate from the Lomita Manor Operating Budget. The Operating Subsidy (HUD Form 52723) is required to be submitted to HUD in October 2017, and covers a calendar year, not a fiscal year. Therefore the CY 2017 Operating Subsidy will be included in both FY 2017-2018 and 2018-2019.

Rental income provides a majority of the revenues for the annual budget (approximately $269,016). The Operating subsidy from HUD is estimated at $149,883. A final number for the operating subsidy will be released by HUD in late 2017.

Item No. #5

CITY OF LOMITA HOUSING AUTHORITY REPORT

2

Operating Reserve for Housing Authority of the City of Lomita

The Housing Authority of the City of Lomita’s Operating Reserve is currently $149,536. Expenditures from the Operating Reserve must be approved by the Board. Currently, there are no requests to expend any portion of Operating Reserve.

OPTIONS 1. Approve the Lomita Manor Operating Budget for FY 2017-20182. Provide further direction.

FISCAL IMPACT

As stated in the attached draft budget. An unused operating contingency of $22,671 would remain within the budget at Fiscal Year End FY 17-18 if unspent in addition to the $149,536 in the operating reserve.

ATTACHMENT

Draft Lomita Manor Budget for FY 2017-2018

Reviewed by: Approved by:

________ ___________________________ Gary Y. Sugano Ryan Smoot Assistant City Manager Executive Director

Prepared by:

________ Daniella Ward Administrative Analyst

REVENUE FY 2016-2017 FY 2017-2018

5120 Rent Revenue - Gross Potential 273,744$ 269,016$

5121 Operating Subsidy 168,256$ 149,883$

5910 Laundry Revenue 3,900$ 3,900$

Total Revenue 445,900$ 422,799$

OPERATING EXPENSES

Administrative Expenses

6203 Conventions and Meetings 800$ 300$

6204 Management Consultants 30,000$ 40,000$

6205 IT Support Services 3,000$ 3,000$

6205.001 IT Equipment 800$ 800$

6210 Advertising and Marketing 2,500$ 600$

6210.001 Recruitment 65$ 200$

6250 Other Renting Expenses 3,000$ 4,500$

6311 Office Supplies 1,000$ 1,500$

6311.001 Office Equipment Lease Expense 4,200$ 4,200$

6311.002 Telephone/Fax/Cell/Elevator 6,500$ 4,600$

6311.003 Postage/FedEx/UPS 1,500$ 300$

6311.004 Dues & Fees 1,500$ 1,200$

6311.006 Bank Fees 2,000$ 1,500$

6311.008 Payroll Fees 120$ 120$

6311.009 Miscellaneous Supplies 1,000$ -$

6311.011 Resident Activities 3,200$ 2,800$

6320 Management Fee 46,200$ 46,200$

6330 Manager Salaries-Vacation 50,703$ 48,288$

6330.001 Manager Salaries - Vacation -$

6330.002 Manager Salaries - Incentive, Bonus, Award -$ -$

6340 Legal Expenses 2,500$ 300$

6350 Audit Expense 750$ 750$

6351 Bookkeeping Fees 6,930$ 6,930$

6390 Misc. Administrative Expenses 1,000$ -$

6390.001 Business Travel (Airfare, Hotel, etc.) 700$ -$

Total Administrative Expenses 169,168$ 167,788$

Utilities

6450 Electricity 25,000$ 23,000$

6451 Water 20,000$ 17,000$

6452 Gas 5,000$ 5,000$

6453 Sewer 1,721$ -$

Total Utilities Expenses 51,721$ 45,000$

Lomita Manor

Annual Operating Budget

FY 2017-2018

Maintenance Expenses

6510 Maintenance Salaries-Vacation 47,413$ 50,484$

6510.001 Maintenance Salaries - Vacation -$

6510.002 Maintenance Salaries - Incentive, Bonus, Award -$ -$

6515 Janitorial/Cleaning Supplies 3,000$ 2,500$

6515.002 Grounds Supplies 100$ 1,500$

6515.003 Maintenance Uniforms 400$ 600$

6515.004 Plumbing Supplies 3,000$ 3,500$

6515.005 Electrical Supplies 2,000$ 2,500$

6515.006 Decorating Supplies 1,000$ 2,000$

6515.008 Misc. Maintenance Supplies 1,000$ -$

6525 Trash Removal 12,000$ 12,000$

6546 HVAC Repairs/Maintenance 3,800$ 2,000$

Total Maintenance Expenses 73,713$ 77,084$

Maintenance Contracts

6520 Maintenance Contracts 43,000$ 30,000$

6520.002 Elevator Contract 5,000$ 2,800$

6520.003 Exterminating Contract 2,500$ 2,000$

6520.004 Grounds Contract 6,400$ 3,900$

Total Maintenance Contracts 56,900$ 38,700$

Apartment Turnover Expenses

6516 Unit Turnover Expenses 5,175$ 5,175$

Total Apartment Turnover Expenses 5,175$ 5,175$

Service Coordinator Expenses

6935 Service Coordinator Salary 16,615$ 17,372$

6935.002 Service Coordinator Salary - Incentive, Bonus, Award -$ -$

6936 Service Coordinator Expenses - Office Supplies 450$ 450$

6936.001 Service Coordinator Expenses - Travel (Hotel, Air, etc.) 700$ 100$

6936.002 Service Coordinator Expenses - Software License (Pangea) -$ -$

Total Service Coordinator Expenses 17,765$ 17,922$

Taxes and Insurance Expenses

6711 Payroll Taxes (FICA) 8,732$ 8,307$

6720 Earthquake Insurance 23,589$ 14,679$

6720.001 D&O Insurance 1,650$ 1,420$

6722 Workmans Compensation 7,837$ 3,627$

6723 Health Insurance 16,534$ 15,876$

6723.001 Retirement 3,794$ 3,942$

6723.002 Unemployment Insurance 725$ 608$

Total Taxes and Insurance Expenses 62,861$ 48,459$

Total Operating Expenses 437,303$ 400,128$

Net Surplus (Deficit) 8,597$ 22,671$