FY27 Proposed Budget
City of Iowa City Housing Authority (7900 - 7922) Fund Summary
2024
2025
2026
2026
2027
2028
Actual
Actual
Budget
Revised
Budget
Projected
Fund Balance, July 1
$ 6,173,091 7,129,228 $ $ 7,297,489 $ 7,670,814 $ 6,852,585 $ 6,644,249
Revenues:
Use Of Money And Property Interest Revenues
338,012 349,571 36,195
331,584 365,960 37,039
107,000 320,000 35,000
107,000 320,000 35,000
83,000 366,000 25,000
83,000 366,000 25,000
Rents
Royalties & Commissions
Intergovernmental
Federal Intergovernmental Revenue
13,347,904 13,545,035
13,204,200 13,718,400
13,601,800
13,601,800
Miscellaneous
Other Miscellaneous Revenue
10,898
10,193
11,500
11,500
11,500
11,500
Other Financial Sources Loan Repayments
11,548
9,870
-
-
-
-
Sub-Total Revenues
14,094,128 14,299,681
13,677,700 14,191,900
14,087,300
14,087,300
Transfers In:
Miscellaneous Transfers In
30,102 30,102
10,233 10,233
- -
489,700 489,700
170,400 170,400
- -
Sub-Total Transfers In
Total Revenues & Transfers In
$ 14,124,230 14,309,914 $ $ 13,677,700 14,681,600 $ $ 14,257,700 $ 14,087,300
Expenditures:
Voucher Program
12,200,498 12,768,579
12,775,449 13,265,149
13,425,422 1,005,614 14,431,036
13,535,100 1,029,800 14,564,900
Public Housing Program Sub-Total Expenditures
929,403
969,049
1,052,680
1,566,880
13,129,901 13,737,628
13,828,129 14,832,029
Transfers Out:
Operating Subsidy - PILOT General Fund
27,574 10,618 38,193
30,700
30,700
28,300 639,500 667,800
35,000
36,100
Miscellaneous Transfers Out
-
-
-
-
Sub-Total Transfers Out
30,700
30,700
35,000
36,100
Total Expenditures & Transfers Out
$ 13,168,094 13,768,328 $ $ 13,858,829 15,499,829 $ $ 14,466,036 $ 14,601,000
Fund Balance, June 30
7,129,228 7,670,814
7,116,360 1,443,167
6,852,585
6,644,249
6,130,549
Restricted / Committed /Assigned
1,420,167
1,486,881
862,381
876,881
891,381
Unassigned Balance
$ 5,709,061 6,183,933 $ $ 5,673,193 $ 5,990,204 $ 5,767,368 $ 5,239,168
% of Revenues & Transfers In
40%
43%
41%
41%
40%
37%
452
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