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THE CITY OF 4b <br /> HOUSING AUTHORITY BOARD OF DIRECTORS <br /> pL€ASANTONo AGENDA REPORT <br /> June 5, 2012 <br /> Assistant City Manager <br /> TITLE: APPROVAL OF ANNUAL OPERATING BUDGET FOR KOTTINGER <br /> PLACE FOR FISCAL YEAR 2012/13 <br /> SUMMARY <br /> The City Council, acting as the Board of Directors of the Housing Authority of the City of <br /> Pleasanton, is required to submit an annual operating budget for the Housing Authority <br /> each fiscal year. This report outlines an operating budget for Kottinger Place proposed <br /> by staff and provides a recommendation for approval. <br /> HOUSING AUTHORITY BOARD OF COMMISSIONERS RECOMMENDATION: <br /> Approve the attached Operating Budget for Kottinger Place. <br /> STAFF RECOMMENDATION <br /> Adopt the attached resolution (Attachment 1) adopting the Housing Authority's 2012-13 <br /> Annual Operating Budget and authorizing its submittal to the U.S. Department of <br /> Housing and Urban Development (HUD). <br /> FINANCIAL STATEMENT <br /> There are no financial impacts to the City of Pleasanton as a result of the approval of <br /> the Operating Budget. Housing Authority revenues and expenditures are recorded and <br /> maintained separately from those of the City of Pleasanton. <br />