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4 <br />THE CITY OF <br />HOUSING AUTHORITY BOARD <br />_ _ <br />j~L£~S~4NTONm OF DIRECTORS AGENDA REPORT <br />June 17, 2008 <br />Assistant City Manager <br />TITLE: APPROVAL OF ANNUAL OPERATING BUDGET FOR KOTTINGER <br />PLACE FOR FISCAL YEAR 2008/09 <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 draft resolution approving the attached Operating Budget and <br />authorizing its submittal to the U.S. Department of Housing and Urban Development <br />(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 />