Housing Finance Authority FY26/27 Operating Budget

FY26/27 Approved General Fund Operating Budget

Revenue Approved Amended 25/26 Budget Approved 26/27Budget Approved Over/(Under) Percent Difference
Cash Reserve 500,000 500,000 - 0%
NSP I Income 1,500 1,500 - 0%
NSP II Income 30,000 15,000 (15,000) -100%
NSP III Income 500 500 - 0%
Multifamily Revenue – Issuer Fees 700,000 700,000 - 0%
Single Family Revenue – Issuer Fees 225,000 225,000 - 0%
Application Fees 225,000 225,000 - 0%
Extension Fees 25,000 25,000 - 0%
Fee Income – Special Programs 30,000 30,000 - 0%
Gain on Sale of FHLB Securities 150,000 150,000 - 0%
Interest Income 800,000 800,000 - 0%
Bank Interest 100,000 100,000 - 0%
Bond/Refunding Proceeds Revenue - - - 0%
General Fund Activities - - - 0%
FL SAFE and FLCLASS Income 100,000 100,000 - 0%
Amortizing Home Key Loans 20,000 20,000 - 0%
Ground Lease Fees – NSP 55,000 55,000 -                    0%  
Total Budgeted Revenue 2,962,000 2,947,000 (15,000) -1%
Expenses Amended Approved 25/26 Budget Approved 26/27 Budget Approved Over/(Under) Percent Difference
Advertising (Legal) 1,000 1,000 - 0%
Audit 60,000 60,000 - 0%
Bond Participation (including COI) 365,000 365,000 - 0%
Memberships 6,000 6,000 - 0%
Contract Services Other: Accounting Services 220,000 220,000 - 9%
Network 20,000 20,000 - 0%
Insurance 40,000 40,000 0%
Lease: Building 70,000 70,000 - 0%
Office Supplies 5,000 5,000 - 0%
Professional Services – Consultants 80,000 80,000 - 0%
Promotional Expense 25,000 25,000 - 0%
Salaries, Benefits & Taxes 700,000 800,000 100,000 13%
Telephone 2,100 2,100 - 0%
Travel 40,000 40,000 - 0%
Grants to Organizations - - - -
Youth Aging Out of Foster Care Program - - - -
Sadowski Education Effort 20,000 25,000 5,000 25%
- - - -
Total Grants to Organizations                                                         20,000 25,000 5,000 25%
NSP I Program Expense 1,500 1,500 - 0%
Intergov Services: Recorder 7,000 7,000 - 0%
NSP II Program Expense 30,000 15,000 (15,000) -100%
NSP III Program Expense 500 500 0%
Misc. Bank Fees/Expenses 75,000 75,000 - 0%
FHLB/LOC Interest Expense 350,000 350,000 - 0%
Reserve for Contingencies                                                              843,000 738,900 (105,000) -14%
Total Budgeted Expenditures 2,962,000 2,947,000 (15,000) -1%

FY26/27 Approved Housing Trust Fund

Revenue Approved Amended 25/26 Budget Approved 26/27 Budget Budget Increase/(Decrease) Percent Difference
Program Income 75,000 75,000 - 0%
Fiscal Year Allocation from BCC – – – 0%
Total Budgeted Revenue 75,000 75,000 - 0%
Expense Approved Amended 24526 Budget Approved 26/27 Budget Budget Increase/(Decrease) Percent Difference
Project and Program Expenditures-New and Existing 70,000 70,000 - 0%
Administrative Expenses 5,000 5,000 - 0%
Total Budgeted Expenditures 75,000 75,000 - 0%
Budgeted Surplus (Deficit) - – - 0%
Beginning Budgeted Cash Reserve 500,000 500,000 -  
Ending Budgeted Cash Reserve 500,000 500,000 -  

FY26/27 Land Assembly Fund

Revenue Approved FY 25/26 Budget Approved FY 26/27 Budget Budget Increase (Decrease) Percent Difference
Ground Lease Fees 100,000 100,000 - 0%
Total Budgeted Revenue 100,000 100,000 - 0%
Expense Approved FY 25/26 Budget Approved FY 26/27 Budget Budget Increase (Decrease) Percent Difference
Legal & Professional Fees 70,000 70,000 - 0%
Operating Expenses Reserve Fund   15,000   15,000   -   0%
Program Income Transferred- Out to BOCC 15,000 15,000 - 0%
Total Budgeted Expenditures 100,000 100,000 - 0%

FY26/27 City of St. Petersburg Land Assembly Fund

Expense Approved FY 25/26 Budget Approved FY 26/27 Budget Budget Increase (Decrease) Percent Difference
Legal & Professional Fees - - - 0%
Operating Expenses Reserve Fund 5,000 5,000 - 0%
Program Income Transferred- Out to BOCC - - - 0%
Total Budgeted Expenditures 5,000 5,000 - 0%

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