Accessibility Public Records News Calendar Human Resources

FY 19/20 Operating Budget

Approved General Fund Budget

Revenue Approved Amended 2018/2019 Budget Approved 2019/2020 Budget Approved Over/(Under) Percent Difference
Cash Reserve 400,000 342,000 (58,000) 0%
NSP I Income 3,000 3,000 - 0%
NSP II Income 35,000 35,000 - 0%
NSP III Income 150 150 - 0%
Multifamily Revenue - Issuer Fees 225,000 250,000 25,000 11%
Single Family Revenue - Issuer Fees 350,000 375,000 25,000 7%
Application Fees 75,000 75,000 - 0%
Extension Fees 18,000 20,000 2,000 11%
TBA Income 172,000 - (172,000) -100%
Fee Income - Special Programs 35,000 40,000 5,000 14%
Gain on Sale of FHLB Securities 110,000 110,000 - 0%
Interest Income 400,000 425,000 25,000 6%
Bank Interest 35,000 37,000 2,000 6%
Bond/Refunding Proceeds Revenue 125,000 150,000 25,000 20%
General Fund Activities 3,500 4,000 500 14%
FLSAFE and FLCLASS Income 35,000 50,000 15,000 43%
Amortizing Home Key Loans 30,000 40,000 10,000 33%
Ground Lease Fees - NSP 4,000 100,000 96,000 2400%
Total Budgeted Revenue 2,055,650 2,056,150 500 0%
Expense Approved Amended 2018/2019 Budget Approved 2019/2020 Budget Approved Over/(Under) Percent Difference
NSP III Non-reimburseable 1,500 1,500 - 0%
Advertising (Legal) 1,000 1,000 - 0%
Audit 50,000 50,000 - 0%
Bond Participation (including COI) 615,000 400,000 (215,000) -54%
Memberships 6,000 6,000 - 0%
Contract Services Other; Accounting Services 160,000 160,000 - 0%
Network 20,000 20,000 - 0%
Insurance 20,000 20,000 - 0%
Lease: Building 50,000 50,000 - 0%
Office Supplies 5,000 5,000 - 0%
Professional Services - Consultants 160,000 110,000 (50,000) -45%
Promotional Expense 5,500 5,500 - 0%
Salaries, Benefits & Taxes 450,000 550,000 100,000 18%
Telephone 3,000 3,000 - 0%
Travel 28,000 28,000 - 0%
Grants to Organizations        
Youth Aging Out of Foster Care Program 100,000 100,000 - 0%
Sadowski Education Effort 15,000 15,000 - 0%
University of South Florida CRED 15,000 15,000 - 0%
Total Grants to Organizations 130,000 130,000 - 0%
NSP I Program Expense 3,000 3,000 - 0%
Intergov Services: Recorder 1,000 1,000 - 0%
NSP II Program Expense 40,000 35,000 (5,000) -14%
NSP III Program Expense 150 150 - 0%
Misc. Bank Fees/Expenses 35,000 35,000 - 0%
Mediation Settlement 60,000 50,000 (10,000) -20%
FHLB/LOC Interest Expense 50,000 50,000 - 0%
Reserve for Contingencies 161,500 342,000 180,500 0%
Total Budgeted Expenditures 2,055,650 2,056,150 500 0%