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HomeMy WebLinkAbout2023-08-8789ORDINANCE NO. 2023-08-8789 AN ORDINANCE ADOPTING THE ANNUAL OPERATING BUDGET FOR THE PADUCAH KENTUCKY SECTION 8 HOUSING CHOICE VOUCHER PROGRAM FOR THE FISCAL YEAR JULY 1, 2023, THROUGH JUNE 30, 2024, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF SAID PROGRAM WHEREAS, pursuant to 24 CFR § 990.315 the Section 8 Housing Choice Voucher Program is required to submit approval of its operating budget to the US Department of Housing and Urban Development (hereinafter "HUD"); and, WHEREAS, said annual operating budget must be approved by the Paducah City Commission. WHEREAS, the Board of Commissioners has reviewed the proposed Annual Operating Budget for the Paducah Section 8 Housing Choice Voucher Program and desires to adopt it for Fiscal Year 2024. NOW, THEREFORE, BE IT ORDAINED by the City of Paducah, Kentucky as follows: Section 1. The Annual Operating Budget for the Fiscal Year beginning July 1, 2023 and ending June 30, 2024, for the Section 8 Housing Choice Voucher Program as set forth in Exhibit A attached hereto is hereby adopted. Section 2. The provisions of this Ordinance are hereby declared to be severable, and if any section, phrase or provision shall for any reason be declared invalid, such declaration of invalidity shall not affect the validity of the remainder of this Ordinance. Section 3. All prior Municipal Orders or Ordinances or parts of any Municipal Order or Ordinance in conflict herewith are hereby repealed. -- Section 4. This ordinance shall be read on two separate days and will become effective upon publication in full pursuant to KRS Chapter 424. Sandra Wilson, Mayor Pro Tem ATTEST: NO,l"S`-Y� Claudia S. Meeks, Assistant City Clerk Introduced by the Board of Commissioners, August 8, 2023 Adopted by the Board of Commissioners, August 22, 2023 Recorded by Claudia S. Meeks, Assistant City Clerk, August 22, 2023 Published by The Paducah Sun, August 25, 2023 ORD/FIN/Budget Section 8 Budget Section 8 Start Date ACCOUNT NAME NON -TECH Salaries Legal Fees Staff Training Travel Reimbursement Paid to staff Travel in Town Purchase New Vehicle Accounting Fees Audit Fees Employee Benefits Office Supplies Postage Printing Advertising Inspection Services Membership Dues/Fees Telephone Forms & Office Supplies Misc/Fees/Late Pymts/Pics Administrative Contracts/Wilson copy Sundry Computer under $2500 Outside Management Fees Maintenance & Operation Automobile Insurance Extraordinary Maintenance Exhibit A 07/01/2023 TO 06/30/2024 Beginning Balance Estimate YR end Balance ACCOUNT 4110 4130 4140 4150 4150.1 4150.4 4170 4171 4182 4190.01 4190.03 4190.07 4190.08 4190.09 4190.12 4190.13 4190.17 4190.18 4190.19 4190.21 4195 4400 4510.03 4610 Budget $135,000.00 $500.00 $2,500.00 $500.00 $165.00 $7,800.00 $4,000.00 $66,000.00 $4,000.00 $5,000.00 $4,500.00 $500.00 $21,000.00 $1,570.00 $1,800.00 $440.00 $100.00 $5,000.00 $100.00 $11,000.00 $525.00 $800.00 $700.00 $275,000.00 12 MONTH EXPENSE ENDING BALANCE $135,000.00 $500.00 $2,500.00 $500.00 $165.00 $7,800.00 $4,000.00 $66,000.00 $4,000.00 $5,000.00 $4,500.00 $500.00 $21,000.00 $1,570.00 $1,800.00 $440.00 $100.00 $5,000.00 $100.00 $11,000.00 $525.00 $800.00 $700.00 Total $273,500.00 $- $273,500.00