Page 357 - FY 2022-23 Proposed Budget

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 Department.
Total
Actual Estimated Budget
2020-21 2021-22 2022-23
REVENUE
18,072,422 22,134,269 Cash Balance, July 1 25,174,269
Less:
- - PYUNEXPAPPR1 Prior Years' Unexpended Appropriations 8,994,726
18,072,422 22,134,269 Balance Available, July 1 16,179,543
3,347,880 3,125,000 11,767 Land Use Covenant Fee 3,236,000
4,307 3,000 11,779 Mortgage Application/Loan Fee 5,000
3,515,309 3,946,000 11,782 Municipal Bond Registration 3,731,000
1,411,208 1,894,000 11,796 Program Income 1,653,000
1,772,515 477,000 11,840 Other Receipts 475,000
255,059 272,000 11,842 Interest 391,000
28,378,700 31,851,269 Total Revenue 25,670,543

EXPENDITURES APPROPRIATIONS
- 45,000 87 City Administrative Officer 68,281
59,387 65,000 113 City Attorney 68,124
29,617 - 151 City Planning -
- 10,000 203 Controller 10,417
36,999 - 341 Finance 45,000
4,500 - 393 General Services -
3,524,002 3,751,000 429 Housing 4,459,636
1,042 - 465 Information Technology Agency -
- - 523 Personnel 168,061
Special Purpose Fund Appropriations:
10,268 90,000 1,990 Contract Programming - Systems Upgrades -
1,624 - 2,014 Engineering Special Service Fund -
75,000 - 2,023.5 Fuse Program -
192,707 224,500 2,175 Technical Contracts 204,500
1,100 - 2,176 Technical RFP Year 1 -
236 1,500 2,180 Translation Services 1,500
- - 2,181 Unallocated 17,934,970
2,307,949 2,490,000 2,198 Reimbursement of General Fund Costs 2,710,054

6,244,431 6,677,000 Total Appropriations 25,670,543
22,134,269 25,174,269 Ending Balance, June 30 -

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