Master Proposed Book FY2023

City of Iowa City Housing Authority (7900 - 7922) Fund Summary

2019

2020

2021

2022

2023

2024

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

6,486,422 $

7,017,559 $

7,339,090 $

7,828,046 $

5,925,598 $

6,836,909 $

Revenues:

Use Of Money And Property Interest Revenues

$

35,000 295,780 65,734

$

134,299 295,244 46,280

$

101,062 280,156 47,922

$

22,929 295,785 63,667

$

35,000 280,160 47,925

$

35,000 295,780 65,734

Rents

Royalties & Commissions

Intergovernmental Federal Ingergovernmental Revenue

10,464,171

9,442,728

9,874,826

9,690,623

11,495,777

9,688,646

Miscellaneous

31,923

Other Miscellaneous Revenue

81,888

60,619

20,743

58,788

31,923

Other Financial Sources Loan Repayments

13,000

13,216 279,874

12,797

21,802

13,000

13,000

- -

Insurance Recoveries

2,258

-

- -

- -

Sale Of Assets

-

28

28

Sub-Total Revenues

10,905,608

10,293,528

10,379,669

10,115,575

11,930,650

10,130,083

- -

- -

Miscellaneous Transfers In

106,470 106,470

63,563 63,563

- -

Sub-Total Transfers In

-

Total Revenues & Transfers In

10,905,608 $

10,399,998 $

10,443,232 $

10,115,575 $

11,930,650 $

10,130,083 $

Expenditures:

9,950,614 $

Voucher Program

9,238,969 $

9,252,541 $

9,144,010 $

10,771,050 $

9,367,979 $

549,716

Public Housing Program Sub-Total Expenditures

791,548

652,252

2,823,294 11,967,304

546,940

562,851

10,500,330

10,030,517

9,904,793

11,317,990

9,930,831

Transfers Out:

22,936 31,855 54,791

Operating Subsidy - PILOT General Fund Miscellaneous Transfers Out - Director Reimb

20,072 27,877 47,949

20,714 28,769 49,483

21,232 29,488 50,720

21,699 30,137 51,836

23,624 32,811 56,435

Sub-Total Transfers Out

Total Expenditures & Transfers Out

10,555,121 $ 6,836,909 $

10,078,466 $ 7,339,090 $

9,954,276 $ 7,828,046 $

12,018,024 $ 5,925,598 $

11,369,826 $ 6,486,422 $

9,987,265 $ 6,979,727 $

Fund Balance, June 30

1,352,997

Restricted / Committed /Assigned

3,268,537

3,342,188

1,281,657

1,319,997

1,385,997

Unassigned Balance

5,483,912 $

4,070,553 $

4,485,858 $

4,643,941 $

5,166,425 $

5,593,730 $

% of Revenues & Transfers In

50%

39%

43%

46%

43%

55%

509