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Title:
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REPORT - FISCAL YEAR 2021/22 HOUSING AUTHORITY BUDGET ADOPTION
BACKGROUND: The Authority’s annual budget preparation process runs concurrently with the City’s process from January through June each year. The Executive Director of the Authority must submit an expenditure, revenue, and transfer budget for all Authority programs for approval by the Authority Commissioners, which then becomes the formal budget for the next fiscal year. Annually, the Authority is asked to adopt the budget at their June meeting.
RECOMMENDATION: It is recommended by the Housing & Community Services Department that the Housing Authority, by resolution, adopt the proposed budget for Fiscal Year (FY) 2021/22.
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