2018-2019 Budget

MILTON HOUSING AUTHORITY
2018-2019 BUDGET
REVENUES
Federal and State Grants:
Housing Assistance Payments-HUD 2,593,833
HAP Administrative fees-HUD 193,216
Public Housing Operating Subsidy-HUD 183,930
Family Self Sufficiency Program Coordinator-HUD 69,262
Tenant Based Rental Assistance-State of Florida 63,144
Total Operating Grant Income 3,103,385
Other Income
Dwelling rental 37,832
Other tenant income 2,207
Administration fees-Other Housing Authorities 10,100
Astor Village Apartments Management Fee 38,059
Tenant Based Rental Assistance Administration Fee 6,314
Total Operating Other Income 94,512
Total Operating Revenues 3,197,897
EXPENSES
Salaries and Benefits 394,874
Family Self Sufficiency Program Coordinator Salary and Benefits 69,262
Compensated absences 25,000
Conferences and workshops 5,075
Auditing fees 22,000
Administration fees-Other Housing Authorities 4,931
Office and sundry expenses 36,378
Utilities 11,612
Telephone 6,915
Maintenance materials 3,788
Contract maintenance costs 8,120
Insurance 26,266
PILOT 2,622
Tenant grant expenses 2,194
Housing Assistance Payments-Tenants and Landlords 2,593,833
Tenant Based Rental Assistance Payments-Tenants and Landlords 63,144
Total Operating Expenses 3,276,015
Operating Income (Loss) (78,118)
OTHER REVENUES AND (EXPENSES)
Capital Fund Program (Non-operating)-HUD 209,935
Depreciation expense (62,460)
Total Other Revenues and (Expenses) 147,475
Net Income (Loss) 69,357
Font Resize