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File #: 24-1685A    Version: 1
Type: Informational Report Status: Consent Agenda - Other
File created: 9/11/2024 Department: Housing Finance Authority
On agenda: 11/19/2024 Final action:
Title: Housing Finance Authority of Pinellas County Resolution No. 2024-11 adopting and approving Fiscal Year 2024-2025 General Fund, Housing Trust Fund, Land Assembly Fund and St. Petersburg Land Assembly Fund Operating Budgets, as approved by the Housing Finance Authority Board of Directors.

Subject:

Title

Housing Finance Authority of Pinellas County Resolution No. 2024-11 adopting and approving Fiscal Year 2024-2025 General Fund, Housing Trust Fund, Land Assembly Fund and St. Petersburg Land Assembly Fund Operating Budgets, as approved by the Housing Finance Authority Board of Directors.

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Recommended Action:

Recommended Action

Accept the Housing Finance Authority of Pinellas County (HFA) Resolution No. 2024-11 adopting and approving Fiscal Year (FY) 2024-2025 General Fund (GF), Housing Trust Fund (HTF), Land Assembly Fund (LAF) and St. Petersburg (LAF) Operating Budgets, as approved by the HFA Board of Directors.

 

                     On September 4, 2024, the HFA Board of Directors approved Resolution No. 2024-11, adopting and approving the FY25 GF, HTF, LAF, and St. Petersburg LAF Operating Budgets.

                     The GF Budget amount is $2,856,150.00; the HTF Budget amount is $500,000.00; the LAF Budget amount is $100,000.00; and the St. Petersburg LAF Budget amount is $5,000.00.

                     Florida Statutes 189.016 states that all reports or information required to be filed with a local general-purpose government or governing authority must be filed with the Clerk of the Circuit Court.

                     No County Funds are required.

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Strategic Plan:

Ensure Public Health, Safety, and Welfare
2.4 Support programs that seek to prevent and remedy the causes of homelessness and move individuals and families from homelessness to permanent housing

Foster Continual Economic Growth and Vitality
4.2 Invest in communities that need the most

Deliver First Class Services to the Public and Our Customers
5.1 Maximize partner relationships and public outreach
5.2 Be responsible stewards of the public’s resources

 

Summary:

Summary

On September 4, 2024, the HFA Board of Directors approved Resolution No. 2024-11 adopting and approving the FY25 GF, HTF, LAF, and St. Petersburg LAF Operating Budgets. The GF Budget amount is $2,856,150.00; the HTF Budget amount is $500,000.00; the LAF Budget amount is $100,000.00; and the St. Petersburg LAF Budget amount is $5,000.00. Florida Statutes 189.016 states that all reports or information required to be filed with a local general-purpose government or governing authority must be filed with the Clerk of the Circuit Court. No County General Funds are required.

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Background Information:

None

 

Fiscal Impact:

No County Funds are required.

 

 

Staff Member Responsible:

Kathryn Driver, Executive Director, Housing Finance Authority of Pinellas County

 

Partners:

Housing Finance Authority of Pinellas County

 

Attachments:

HFA Resolution No. 2024-11
FY25 General Fund Operating Budget
FY25 Housing Trust Fund Operating Budget
FY25 Land Assembly Fund Operating Budget
FY25 St. Petersburg Land Assembly Fund Operating Budget