Page 360 - 2020-21 Budget Summary

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 48
MUNICIPAL HOUSING FINANCE FUND
Monies derived from the sale of revenue bonds for multi-family residential housing developments, Section 5.120.5 of the Los Angeles
Municipal Code, are deposited into the Municipal Housing Finance Fund. Receipts are used for the purpose of acquiring, developing,
constructing and rehabilitating of single-family and multi-family residential housing developments. Proceeds are also used for the
purpose of making loans for financing or refinancing of the acquisition, development, construction and rehabilitation of single-family
and multi-family residential housing development. This fund is administered by the Housing and Community Investment Department.
Total
Actual Estimated Budget
2018-19 2019-20 2020-21
REVENUE
6,132,417 10,556,657 Cash Balance, July 1 14,674,157
Less:
- - PYUNEXPAPPR1 Prior Years' Unexpended Appropriations 8,177,349
6,132,417 10,556,657 Balance Available, July 1 6,496,808
3,703,238 3,448,000 11,767 Land Use Covenant Fee 4,028,000
7,711 19,000 11,779 Mortgage Application/Loan Fee 19,000
3,177,440 4,500,000 11,782 Municipal Bond Registration 2,181,000
1,333,462 1,100,000 11,796 Program Income 602,000
921,952 36,000 11,840 Other Receipts 36,000
- 164,000 11,842 Interest 165,000
15,276,220 19,823,657 Total Revenue 13,527,808

EXPENDITURES APPROPRIATIONS
- 63,000 111 City Attorney 59,387
103,222 95,000 149 City Planning -
2,412,473 3,058,000 411 Housing and Community Investment 4,184,564
Special Purpose Fund Appropriations:
98,133 - 1,990 Contract Programming - Systems Upgrades -
2,264 - 2,014 Engineering Special Service Fund -
325,305 - 2,115 Occupancy Monitoring -
153,580 - 2,119 Other -
40,000 - 2,130 Professional Services Contract -
35,372 273,500 2,175 Technical Contracts 274,500
- - 2,180 Translation Services 825
- - 2,181 Unallocated 6,632,706
1,549,214 1,660,000 2,198 Reimbursement of General Fund Costs 2,375,826

4,719,563 5,149,500 Total Appropriations 13,527,808

10,556,657 14,674,157 Ending Balance, June 30 -

330