City of Milwaukee - File #: R_12926

• File #: R_12926
• Version: 0
• Type: Housing Authority Resolution
• Status: Passed
• File created: 12/8/2017
• In control: HOUSING AUTHORITY
• On agenda: 12/14/2017
• Final action: 12/14/2017
• Title: Resolution approving HACM’s 2018 Fiscal Operating Budgets that include the Section 8 Housing Choice Voucher Program, Homeownership Program, Berryland, Northlawn and Southlawn (non-subsidized affordable housing) developments, Low Income Rent Public Housing Program and Central Office Cost Center The Secretary-Executive Director is required to submit an annual operating budget for approval by the Board.
• Sponsors: THE CHAIR

Date	Ver.	Action By	Action	Result	Tally
12/14/2017	0	HOUSING AUTHORITY	ADOPTED; Minutes note: HACM staff Fernando Aniban, Chief Financial Officer, Finance Director Rick Koffarnus, Senior Financial Analyst Pam Watson, and Director of Strategic Initiatives Kaylin Nuss presented the 2018 HACM Budget and the 2018 Strategic Goals. Commissioners had a number suggestions and questions. It was suggested that staff develop benchmarks or measures on the Community Service side of the budget to better assess the value of different programs as funding continues to tighten. Commissioners encouraged utilizing input from the Resident Council when looking into these assessments. The Commissioners appreciated the 2017 Strategic Planning session and would look forward to doing another in 2018. The Commissioners also suggested that it would be helpful for all of them to be present together when the budget is presented, rather than in the small groups that have been done before. They felt that that they would gain insight from hearing all of the others’ comments and it would save staff time. The budget briefing/Q&A could be done as a public meeting in late November or early December, moving into a closed session for any confidential information.	Pass	7:0

Number
R_12926

Version
Original

Reference

Sponsor
The Chair

Title
Resolution approving HACM’s 2018 Fiscal Operating Budgets that include the Section 8 Housing Choice Voucher Program, Homeownership Program, Berryland, Northlawn and Southlawn (non-subsidized affordable housing) developments, Low Income Rent Public Housing Program and Central Office Cost Center

The Secretary-Executive Director is required to submit an annual operating budget for approval by the Board.

Analysis

Body
WHEREAS, the Secretary-Executive Director is required to submit an annual operating budgets for the HACM’s Low Rent Public Housing program, Section 8 Housing Choice Voucher program, Home Ownership program, Non-subsidized Affordable Housing program (aka Berryland, Northlawn and Southlawn developments), and Central Office Cost Center for approval by the board; and

WHEREAS, the Housing Authority of the City of Milwaukee owns and manages 2,998 rental units under the federally-funded low rent public housing program; and

WHEREAS, the Secretary-Executive Director is required by regulations promulgated by the U. S. Department of Housing and Urban Development to develop property-based budgets and funding allocations consistent with the requirements of the Final Rule 79FR 54983 published in the Federal Register on 9/19/2005 as amended by PIH Notice 2006-14(HA); and

WHEREAS, the Secretary-Executive Director recommends that a total budget of $19,747,283 including the extraordinary maintenance items of $527,000 be approved for Fiscal Year 2018; and

WHEREAS, the Secretary-Executive Director recommends that the property-based budgets for all Asset Management Property (AMP) groupings be approved; and

WHEREAS, the Housing Authority of the City of Milwaukee (HACM) administers the federally funded Section 8 Housing Choice Voucher Program which serves more than 6,200 families; and

WHEREAS, the Secretary-Executive Director recommends an administrative budget for the year 2018 of $3,5...