CAPITAL FUND HACIENDA NEVIN PLAZA
NYSTROM
VILLAGE
RICHMOND
VILLAGE I
RICHMOND
VILLAGE II
RICHMOND
VILLAGE III
CENTRAL
OFFICE COST
CNTR TOTAL
REVENUE
Property Oversight Fees - - - - - - - 5,000.00 5,000.00 Other Revenue - - - 2,000.00 - - - - 2,000.00 Rental Income - - - 384,000.00 - - - - 384,000.00 Federal Funding HUD Operating Subsidy - - - 360,000.00 157,180.00 152,672.00 67,285.00 - 737,137.00 Federal Funding HUD Capital Grant Funds 2,500,000.00 - - - - - - - 2,500,000.00 Transfers In - Operating 376,030.00 150,412.00 526,442.00 SUBTOTAL REVENUE 2,500,000.00 - - 1,122,030.00 157,180.00 152,672.00 67,285.00 155,412.00 4,154,579.00 Transfers In - General Fund Subsidy - - - 949,135.00 - - - 310,938.00 1,260,073.00 TOTAL REVENUE W/ GEN. FUND SUBSIDY 2,500,000.00 - - 2,071,165.00 157,180.00 152,672.00 67,285.00 466,350.00 5,414,652.00
EXPENDITURES
Salaries and Wages - 10,000.00 - 755,619.00 - - - 118,957.00 884,576.00 Payroll Fringe Benefits - - - 146,574.00 - - - 270,155.00 416,729.00 Professional and Admin. Services 300,000.00 - - 394,440.00 - - - - 694,440.00 Other Operating 130,000.00 - - 167,850.00 - - - 4,250.00 302,100.00 Utilities - - - 186,000.00 - - - 4,500.00 190,500.00 Equipment and Contract Services 1,529,058.00 15,000.00 - 271,000.00 - - - - 1,815,058.00 Insurance - - - 61,484.00 - - - - 61,484.00 City Cost Pool Allocation - - 88,198.00 - - - 68,488.00 156,686.00 Capital Outlay - - - - - - - - - Grant Expenditures 14,500.00 - - - 157,180.00 152,672.00 67,285.00 - 391,637.00 Transfers Out - Operating 526,442.00 - - - - - - - 526,442.00 TOTAL EXPENDITURE 2,500,000.00 25,000.00 - 2,071,165.00 157,180.00 152,672.00 67,285.00 466,350.00 5,439,652.00 NET SURPLUS / (DEFICIT) - (25,000.00) - - - - - - (25,000.00) *Deficit covered by Fund Balance
RICHMOND HOUSING AUTHORITY
FY2026-27 BUDGET PROPOSAL SUMMARY