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Audit - 2000/2001 I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS REPORT ON AUDIT OF FINANCIAL STATEMENTS AND SUPPLEMENTAL DATA FOR THE TWELVE MONTHS ENDED JUNE 30, 2001 CYNTHIA L. WARREN Certified Public Accountant Eufaula, Oklahoma 74432 I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS JUNE 30, 2001 Table of Contents Financial Statements Independent Auditor's Report Exhibit A -Balance Sheet - Proprietary Funds Exhibit B - Statement of Revenues, Expenditures, and Changes in Fund Equity - Proprietary Funds Exhibit C - Statement of Cash Flows - Proprietary Funds Notes to the Financial Statements 3 5 6 7 8 Schedule of Expenditures of Federal Awards 12 Independent Auditor's Report on the Internal Control over Financial Reporting Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 13 Independent Auditor's Report on Compliance with Requirements Applicable to Each Major Program and Internal Control over Compliance in Accordance with OMB Circular A-133 15 Supplementary Data Summary Status of Prior Audit Findings Schedule of Findings and Questioned Costs Statement and Certification of Actual Modernization Cost 17 18 19 -2- I I I I I I I I I I I I I I I I I I I CYNTHIA L. WARREN Certified Public Accountant P.o. Box 189 Eufaula, OK 74432 (918) 452-2116 Fax (918) 452-3509 INDEPENDENT AUDITOR'S REPORT Board of Commissioners Housing Authority of the City of Salina Salina, Kansas I have audited the accompanying financial statements ofthe Housing Authority ofthe City of Salina as of June 30, 200 I, and for the year then ended, as listed in the table of contents. These financial statements are the responsibility ofthe Housing Authority of the City of Salina's management. My responsibility is to express an opinion on these financial statements based on my audit. I conducted my audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opmIOn. In my opinion, the fmancial statements referred to in the first paragraph present fairly, in all material respects, the financial position of the Housing Authority of the City of Salina as of June 30, 200 I, and the results of its operations and the cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. In accordance with Government Auditing Standards, I have also issued a report dated October 15, 200 I on my consideration of the Housing Authority of the City of Salina's internal control over financial reporting and on my tests of its compliance with certain provisions of laws, regulations, contracts, and grants. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be read in conjunction with this report in considering the results of this audit. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by U.S. Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and is not a required part of the financial statements of Housing Authority ofthe City of Salina. The accompanying Financial data -3- I I I I I I I I I I I I I 'I I I I I I Schedule is presented for purposes of additional analysis and is not a required part of the financial statements ofthe Housing Authority ofthe City of Salina. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and, in my opinion, is fairly presented in all material respects in relation to the financial statements taken as a whole. &;9flU.Cl ~ Certified Public Accountant October 15,2001 -4- I I I I I I I I I I I I I I I II I I I Exhibit A HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS BALANCE SHEET - PROPRIETARY FUND JUNE 30, 2001 ASSETS Cash $ 469,529 Accounts Receivable: Tenants, Net of Allowance 81 HUD 6,324 Miscellaneous 185 Investments, Unrestricted 414,022 Accrued Interest Receivable 157 Prepaid Expenses and Other Assets 14,116 Inventory 14.738 Total Current Assets 919,152 Notes Receivable 46,519 Fixed Assets, Net of Depreciation 5.979.786 Total Assets $ 6.945.457 LIABILITIES AND FUND EOUITY Liabilities: Accounts Payable: Vendors $ 320 Bank Overdraft 130 HUD 32,798 Other Government 30,054 Accrued Wages and Payroll Taxes 1,829 Accrued Compensated Absences 8,177 Tenant Security Deposits 23,549 Other Current Liabilities 6,026 Other Deferred Credits 78.360 Total Liabilities 181.243 Fund Equity 1,256,909 Contributed Capital 5.507.305 Total Fund Equity 6.764.214 Total Liabilities and Surplus $ 6.945.457 The accompanying notes to the financial statements are an integral part hereof. -5- I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND EQUITY - PROPRIETARY FUNDS FOR THE TWELVE MONTHS ENDED JUNE 30, 2001 Operating Revenue: Dwelling Rental $ Investment Income, Unrestricted HUD PHA Grants GainILoss on Sale of Fixed Assets ( Other Income Total Operating Revenue Operating Expenditures: Administrative Tenant Services Utilities Ordinary Maintenance and Operation Nonroutine Maintenance Housing Assistance Payments Casualty Losses, Not Capitalized Depreciation General Expense Total Expenditures Net Income (Loss) Fund Equity, Beginning of Year Prior Period Adjustments Fund Equity, End of Year The accompanying notes to the financial statements are an integral part hereof. -6- Exhibit B 342,054 31,737 1,358,268 2,750) 6.902 1. 736.211 314,352 21,951 10,083 154,699 29,673 763,998 798 147,299 88.737 1.531.590 204,621 6,559,484 109 $ 6.764.214 I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS STATEMENT OF CASH FLOWS - PROPRIETARY FUNDS JUNE 30, 2001 Exhibit C Cash Flows from Operating Activities: Operating Income $ 204,621 Add (Deduct) Items Not Affecting Cash: Depreciation (Increase) Decrease in Accounts Receivable (Increase) Decrease in Accrued Interest Receivable (Increase) Decrease in Prepaid Expenses (Increase) Decrease in Inventory Increase (Decrease) in Accounts Payable Increase (Decrease) in Accrued Liabilities Increase (Decrease) in Other Current Liabilities Increase (Decrease) in Security Deposits Increase (Decrease) in Other Deferred Credits Net Cash Flows from Operating Activities Cash Flows from Investing Activities: (Increase) Decrease in Investments Purchase of Land, Structures, and Equipment Disposal of Land, Structures, and Equipment Prior Period Adjustments for Accounting Conversion, Net Net Cash Flows from Investing Activities Net Increase (Decrease) in Cash Cash, Beginning of Year Cash, End of Year The accompanying notes to the financial statements are an integral part hereof. -7- 147,299 198,657 649 ( 648) ( 13,798) ( 75,009) 7,160 6,019 3,617 689 479.256 107,697 ( 200,658) 2,750 109 ( 90.1 02) 389,154 80.375 $ 469.529 I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2001 Page 1 of 4 Note 1 - The Reportine Entity The agency was created under the provisions of the laws of the State of Kansas. The purpose of the agency is to administer Public Housing Programs authorized by the United States Housing Act. The governing board is appointed by the Mayor of the City of Salina. The governing board employs executives; authorizes contracts of subsidy with the U.S. Department of Housing and Urban Development (Annual Contributions Contract) pursuant to that agency's regulations and statutory authorizations; and causes the agency to construct, own, and operate public housing facilities. The financial liability ofthe housing agency is essentially supported by the operating and debt service subsidies received under contract from the Federal government. Generally accepted accounting principles require that the financial statements present the accounts and operations of the Housing Authority and its component units, entities for which the entity is considered to be financially accountable. Blended component units, although legally separate entities, are, in substance, part ofthe entity's operations. If component units exist, data from these units are combined with data from the Housing Authority. Each discretely presented component unit, if any, would be reported in a separate column in the combined financial statements to emphasize that is legally separate from the Housing Authority. As of June 30, 2001, and for the fiscal year then ended, the Housing Authority had no discretely presented component units or any component units required to be blended in these financial statements. Note 2 - Basis of Accounting , The Housing Authority of the City of Salina uses a Proprietary Fund Type to account for the activities of the housing authority in a manner similar to commercial enterprises. This proprietary fund is accounted for using the economic resources measurement focus. Accordingly, this fund reports all assets and liabilities on the balance sheet. The reported fund equity is segregated into contributed capital and retained earnings components. Proprietary fund operating statements present increases (revenues) and decreases (expenses) in net assets. This fund uses the accrual basis of accounting. Revenues are recognized when earned and become measurable and expenses are recognized when incurred, if measurable. -8- I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2001 Page 2 of 4 The Housing Authority applies all applicable accounting and financial reporting standards of the Financial Accounting Standards Board (FASB) issued through November 30, 1989, in accounting and reporting for its proprietary fund. Budgetary Information - Annual budgets are adopted, as required by HUD Annual Contributions Contracts, for the Owned Rental Housing and Section 8 Programs. Annual budgets are not required for Comprehensive Improvement Grants. These budgets are prepared on a regulatory basis (HUD) and do not contain certain accounts as required by GAAP, such as Provision for Uncollectible Accounts, Depreciation, and certain accruals. Cash Equivalents - For purposes of reporting cash flows, all highly liquid investments (including restricted assets) with a maturity ofthree months or less are considered to be cash equivalents. Investments - Investments are reported at fair value. Investments consist of Certificates of Deposit which are reported at carrying amount which reasonably estimates fair value. Inventories - Inventories consist of expendable supplies held for consumption. They are valued at cost (first-in, first-out), which is less than the current market value. Prepaid Expenses - Certain payments to vendors reflect costs applicable to future periods. These payments are recorded as prepaid expenses. Fixed Assets - Fixed assets are valued at historical cost. It is the policy of the Housing Authority to capitalize all assets with a cost of $500 or greater. Donated fixed assets are valued at the estimated fair value at the date of the donation. Depreciation of all exhaustible fixed assets is charged as an expense against operations. Accumulated depreciation is reported on the balance sheet. Depreciation is provided over the estimated useful lives using the straight-line method. Estimated useful lives, in years, for depreciable assets are as follow: Dwelling Structures Nondwelling Structures Equipment 15 - 40 years 40 years 3 - 5 years Compensated Absences - It is the Housing Authority's policy to allow employees to accumulate earned but unused vacation pay benefits up to certain limits. These amounts are charged to expense and a corresponding liability is established when earned. -9- I I I I I I I I I I I I I II I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2001 Page 3 of 4 Note 3 - Cash As required by law, the depository is required to have FDIC insurance. As of June 30, 200 I, the Housing Authority was fully insured. Cash includes demand deposits and time deposits. The following table presents the Housing Authority's cash and investments, classified into one of the following categories of custodial credit risk: Category I: Insured or collateralized with securities held by the Housing Authority or its agent in the Housing Authority's name Category 2: Collateralized with securities held by the pledging financial institutions' trust department or agent in the Housing Authority's name Category 3: Uncollateralized. Cash Deposits, categorized by level of risk, (at cost, which approximates market) are as follow: Bank Category Balance 1 2 3 Cash $ 469,529 $ 200,000 $ 269,529 Investments 414.022 239.022 175.000 Total $ 883.551 $ 439.022 $ 444.529 $ Note 4 - Accounts Receivable All receivables from tenants are for rentals and service charges. These receivables are shown net of an allowance for uncollectible amounts. This amount is estimated based upon historical information. The allowance is $ 7,300 at June 30, 2001. Note 5 - Fixed Assets Fixed assets are valued at historical cost. Donated fixed assets are valued at the estimated fair value at the date of donation. Depreciation of all exhaustible fixed assets is charged as an expense against operations. Accumulated depreciation is reported on the balance sheet. Depreciation is provided over the estimated useful lives using the straight-line method. Depreciation expense for June 30, 2001 is $ 147,299. -10- I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2001 Page 4 of 4 A summary of the fixed assets is as follows: 6/30/00 Change 6/30/01 Land $ 1,453,890 $ $ 1,453,890 Buildings and Leasehold Improvements 4,927,567 245,646 5,173,213 Furniture, Equipment & Machinery 102.021 31.307 133.328 6,483,478 276,953 6,760,431 Construction in Progress 519.671 ( 106.436) 413.235 7,003,149 170,517 7,173,666 Less: Accumulated Depreciation 1.073.971 119.909 1.193.880 Total $ 5.929.178 $ 50.608 $ 5.979.786 Note 6 - Contingencies The entity is subject to possible examinations by federal regulators who determine compliance with terms, conditions, laws and regulations governing grants given to the entity in the current and prior years. These examinations may result in required refunds by the entity to the federal grantors and/or program beneficiaries. Note 7 - Retirement Plan Substantially all employees of the Housing Authority participate in the Kansas Employees Public Employees Retirement System (KPERS), a multiple-employer public employee retirement system. Substantially all employees of the Authority are eligible to participate in KPERS after one year of employment. Employees who retire at or after age 65 or 62 with ten years of service credit or at any age when years of serve plus age equal 85 "points" are eligible to a retirement benefit, payable monthly for life, equal to 1 percent of their final average salary for each year of "prior" service and 1.75 percent for each year of "participating" service. Final average salary is the employee's average salary over the highest four years of credited service including add-ons such as accrued leave or vacation leave or a three year average without add-ons. For those hired July 1, 1993 or later, final average salary is a three year average with no add-ons. Benefits fully vest on reaching ten years of service. Vested employees may retire at age 55 and receive reduced retirement benefits. KPERS also provides death and disability benefits. Benefits are established by state statute. Covered employees are required by State statute to contribute 4% oftheir salary to the plan. The employee is required by the same statute to contribute the remaining amounts necessary to pay benefits when due. Contributions from employer and employer were based on 2.93% and 4.00%, respectively for 2000 and 2.62% and 4.00%, respectively for 2001. -11- I I I I I I I I I I I I I I I I I I I Schedule 1 HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS JUNE 30,2001 Federal Grantor! Federal Agency Federal Pro2ram Title CFDA No. Number Expenditures U.S. Department of Housing and Urban Development: Direct Programs Public & Indian Housing 14.850 KS038 $ 11,037 Comprehensive Grant 14.859 KS038 237,445 Capital Fund Grant 14.872 KS038 200,085 Drug Elimination 14.854 KS038 19,702 Section 8 Certificates 14.857 KS038 283,839 Section 8 Vouchers 14.855 KS038 606.160 Total $ 1.358.268 -12- I I I I I I I I I I I I I I I I I I I I CYNTHIA L. WARREN Certified Public Accountant P.O. Box 189 Eufaula, OK 74432 (918) 452-2116 Fax (918) 452-3509 REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Board of Commissioners Housing Authority of the City of Salina Salina, Kansas I have audited the financial statements of the Housing Authority of the City of Salina, as of and for the year ended June 30, 2001, and have issued my report thereon dated October 15, 2001. I conducted my audit in accordance with auditing standards generally accepted in the United States of America, and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Compliance As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, I performed tests of compliance with certain provisions oflaws, regulations, contracts and grants, noncompliance with which could have a direct and material effect on the determination of financial statements amounts. However providing an opinion on compliance with those provisions was not an objective of my audit and, accordingly, I do not express such an opinion. The results of my tests disclosed no instances of noncompliance that are required to be reported under Government Auditing Standards. Internal Control Over Financial Reporting In planning and performing my audit, I considered the Housing Authority of the City of Salina's internal control over financial reporting in order to determine my auditing procedures for the purpose of expressing my opinion on the financial statements and not to provide assurance on the internal control over financial reporting. My consideration of the internal control over financial reporting would not necessarily disclose all matters in the internal control that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. I noted no matters involving the internal control over financial reporting and its operation that I consider to be material weaknesses. -13- I I I I I I I I I I I I I I I I I I I This report is intended solely for the information and use of the management and federal awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. {!qIrH~o ~ Certified Public Accountant October 15,2001 -14- I I I I I I I I I I I I I I I I I I I CYNTHIA L. WARREN Certified Public Accountant P.O. Box 189 Eufaula, OK 74432 (918) 452-2116 Fax (918) 452-3509 REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 Board of Commissioners Housing Authority of the City of Salina Salina, Kansas Compliance I have audited the compliance of the Housing Authority of the City of Salina with compliance requirements described in the U.S. Office of Management and Budget (OMB) Circular A-B3 Compliance Supplement that are applicable to each of its major federal financial assistance programs for the year ending June 30, 2001. The Housing Authority of the City of Salina's major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. Compliance with the requirements oflaws, regulations, contracts and grants applicable to each of its major federal programs is the responsibility of the Housing Authority ofthe City of Salina. My responsibility is to express an opinion on the Housing Authority of the City of Salina's compliance based on my audit. I conducted my audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contain in Government Auditing Standards, issued by the Comptroller General of the United States, Office of Management and Budget Circular A-I33, "Audits of States, Local Governments, and Non-Profit Organizations". Those standards and OMB Circular A-B3 require that I plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about the Housing Authority of the City of Salina's compliance with those requirements and performing such other procedures as I considered necessary in the circumstances. I believe that my audit provides a reasonable basis for my opinion. My audit does not provide a legal determination on the Housing Authority of the City of Salina's compliance with those requirements. In my opinion, the Housing Authority ofthe City of Salina complied, in all material respects, with the requirements referred to above that are applicable to each of its major federal programs for the year ended June 30, 2001. -15- I I I I I I I I I I I I I ! I I I I I I Internal Control Over Compliance The management of the Housing Authority of the City of Salina is responsible for establishing and maintaining effective internal control over compliance with requirements of laws, regulations, contracts and grants applicable to federal programs. In planning and performing my audit, I considered the Housing Authority of the City of Salina's internal control over compliance with requirements that could have a direct and material effect on a major federal program in order to determine my auditing procedures for the purpose of expressing my opinion on compliance and to test and report on internal control over compliance in accordance with OMB Circular A-B3. My consideration of the internal control over compliance would not necessarily disclose al matters in the internal control that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that noncompliance with applicable requirements oflaws, regulations, contracts and grants that would be material in relation to a major federal program being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. I noted no matters involving the internal control over compliance and its operation that I consider to be material weaknesses. This report is intended solely for the information and use of management, federal awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. &;m~ ~ Certified Public Accountant October 15,2001 -16- I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS SUMMARY STATUS OF PRIOR AUDIT FINDINGS JUNE 30, 2001 The prior report on the audit of the financial statements as of and for the twelve months ended June 30, 2000, contained no findings. -17- I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED JUNE 30, 2001 SECTION I - SUMMARY OF AUDITOR'S RESULTS Financial Statements Type of auditor's report issue: Unqualified Internal control over financial reporting: Material weaknesses identified? _yes X no Reportable conditions identified that are not considered to be material weaknesses? _yes X none reported Noncompliance material to financial statements noted? _yes X no Federal Awards Internal control over major programs: Material weaknesses identified? _yes X no Reportable conditions identified that are not considered to be material weaknesses? _yes X none reported Type of auditor's report issued on compliance for major programs: Unqualified Any audit findings disclosed that are required to be reported in accordance with section 510(a) of Circular A-B3? _yes X no Identification of major programs: #14.850 #14.855 Public and Indian Housing Section 8 Vouchers Dollar threshold used to distinguish between type A and type B programs: $300,000 Auditee qualified as low-risk auditee? X yes no SECTION II - FINANCIAL STATEMENT FINDINGS None SECTION III - FEDERAL AWARD FINDINGS AND QUESTIONED COSTS None -18- I I I I I I I I I I I I I I I I I I I HOUSING AUTHORITY OF THE CITY OF SALINA SALINA, KANSAS STATEMENT AND CERTIFICATION OF ACTUAL MODERNIZATION COST JUNE 30,2001 1. The actual Modernization Cost of the project is as follows: Classification KS16P03890899 KS16P03890798 1406 Operations $ 142,440 $ 13,897 1450 Site Improvement 12,706 1460 Dwelling Structures 161,008 186,103 1475 Nondwelling Equipment 13.189 Total Cost $ 329.343 $ 200.000 2. The distribution of costs by major cost accounts as shown on the final Comprehensive Assessment/Program Budget dated November 20, 2000 and September 30, 2000, respectively, and the Actual Modernization Cost Certificate submitted to HUn on November 20, 2000 and September 30, 2000, respectively, are in agreement with the Housing Authority's records. 3. All modernization costs and related liabilities have been paid. 4. The Housing Authority had no budget overruns. Funds Approved Funds Advanced $ 329,343 $ 329.343 200,000 200.000 Excess of Funds Approved $ o $ o Funds Advanced Funds Expended $ 329,343 $ 329.343 200,000 200.000 Excess of Funds Advanced $ $ o -19- https://hudapps.hud.gov/HUD_Systemslfaspha/rea...02001%20%20 1 %3A47PM&CFID=8531 &CFTOKEN= 17564589 PHA: KS038 FYED: 06/30/2001 uoe) Public and S, r 8 Po";' [-- HOME Low Rent Public Indian Section eClon . Investment Housing_Comprehensive Housing B Rental R t I Housing Partnerships Public Improvement Assistance Drug Voucher C:~i:'cate Capital Program Housing Program Elimination Program Program Fund Item Program Total No. Account Description Program ~ICash - Unrestricted 1$0 311.130 1$0 1$0 1$158.3991$0 1$0 1$469.529 FiOOtrotal Cash . 1$0 1$311.130 1$0 1$0 1$158.399/$0 1$0 1$469.529 II I I I I I j I I 1122 jAccounts Receivable - HUD Other Projects 1$0 1$0 1$0 1$129 1$0 1$0 1$6.195 1$6,324 fi25""jAccounts Receivable - Miscellaneous 1$0 1$185 1$0 1$0 1$0 1$0 1$0 1$185 1126 jAccounts Receivable - Tenants - Dwelling Rents 1$0 1$7.381 1$0 1$0 1$0 1$0 1$0 1$7.381 1126.1 JAJlowance for Do~btful Accounts - Dwelling Rents 1$0 1$-7.300 1$0 ]$0 1$0 1$0 1$0 1$-7.300 1126.2jAllowance for Doubtful Accounts - Other 1$0 1$0 ]$0 ~~ 1$0 1$0 1$0 1$0 f1"29jAccrued Interest Receivable 1$20 1$66 1$0 1$0 ]$71 1$0 1$157 I12Otrotill Receivables. n~t of allowances for doubtful accounts 1$20 1$332 1$0 ]$129 1$0 ]$71 1$6.195 1$6.747 II I b280.539 I I I I I I I13'1llnvestments - Unrestricted 1$105.298 ~~ 1$0 .1$0 1$28.185 1$0 /$414.022 1142 IPrepaid Expenses and Other Assets 1$0 1$14.116 1$0 1$0 1$0 1$0 1$14.116 fi43)nventories 1$0 1$14.738 /$0 1$0 1$0 1$0 1$0 1$14,738 1143.1 jAllowance for Obsolete Inventories 1$0 1$0 1$0 1$0 f$o \$0 1$0 1$0 1144 Ilnterprogram D~e From 1$89.044 /$6.324 ~~ 1$0 1$68 1$286 1$0 1$95.722 f15'O"trotal Current Assets 1$194.362 1$627.179 ]$129 1$158,4671$28.542 1$6.195 /$1.014.874 II I I I ~O J I I I fi61ILand 1$0 ]$1,453.890 1$0 1$0 1$0 1$0 1$1,453.890 1162 IBuildings 1$0 j$4.851.660 1$0 1$0 1$0 ]$0 1$0 1$4.851.660 1163 IFurniture. Equipment & Machinery - Dwellings 1$0 1$310 1$0 ]$0 1$0 1$0 1$0 /$310 1164 IFurniture. Equipment & Machinery - Administration 1$0 1$60,402 1$13.189 ]$0 1$1.310 1$12.118 1$45.999 /$133.018 1165 ILeasehold Improvements ~~ 1$321.553 ]$0 1$0 1$0 1$0 1$0 1$321.553 I166IAccumulated Depreciation 1$-1.180.5101$-353 . 1$0 1$-898 1$-12.118 1$-1 /$-1.193.B80 1167 IConstruction In Progress 1$0 1$0 . ($359.818 ]$0 1$0 /$0 1$53,417 !$413.235 - .on._ ,. .. _.. ','... ... , _ 1160 trotal Fixed Assets. Net of Accumulated Depreciation 1$0 1$5.507.305 1$372.654 1$0 J$.412 1$0 /$99,415 1$5.979.786 II . 1 1 I I I 1 I I ~INotes and Mortgages Receivable - Non-Current l$46.518 1$0 1$0 1$0 1$0 1$0 1$0 1$46.518 (174/Other Assets 1$0 1$0 1$0 ~~ 1$1 ($0 1$0 1$1 fiBOtrotal Non-Current Assets j$46.518 1$5.507.305 1$372.654 j$413 1$0 1$99,415 1$6.026.305 II I I .. I I j ~l I 1190 trotal Assets 1$240.880 1$6.134.484 1$372.654 ]$129 1$158.880 28.542 1$105.6101$7.041.179 I o N I of5 3/18/022:43 PM ------------------- nttps:/tnuaapps.nua.goVlt1UU _ :Systemstlaspnlllrea...V~vv J /o~V/o~V J /ojA'I/l'M&L1< JU=lS:)j J&L1< J UJ<,.J:.N= I {)04~lS~ PHA: KS038 FYED: 06/30/2001 Coo I --l--- Public and P bl" HOME Low Rent Public Indian Section Section 8 u I~ Investment Public Hoo""lLComp"""'"."" Hoo.I". 8 R,"tal Re"tal ~OO~'':'' Partnerships Housing Improvement Assistance Drug Voucher Certificate F ap~ a Program Program Elimination Program Program pun Item Program rogram Total No. Account Description /311IBank Overdraft /$0 /$0 /$0 1$0 1$0 /$130 /$0 /$130 1312 !Accounts Payable <= 90 Days /$0 1$320 /$0 /$0 /$0 /$0 /$0 /$320 1321 !Accrued Wage/Payroll Taxes Payable /$0 /$1.794 /$0 1$0 /$35 ]$0 /$0 /$1.829 1322 !Accrued Compensated Absences /$16 /$6,851 1$0 1$0 1$655 1$655 /$0 1$8.177 1332 !Accounts Payable - PHA Projects 1$0 1$0 1$0 1$0 /$29.915 1$2,883 /$0 /$32,798 1333 !Accounts Payable - Other Government 1$0 1$30.054 1$0 1$0 /$0 /$0 /$0 /$30,054 1341 trenantSecurity Deposits /$0 1$23,549 /$0 /$0 /$0 1$0 /$0 /$23,549 1342 jDeferred Revenues /$0 1$1.407 ~6 ($0 ($76.953 /$0 /$0 /$78.360 1345 jother Current Liabilities /$0 /$6.020 =~29 1$0 1$5 /$0 /$6.025 1347 Ilnterprogram Due To /$0 1$89.127 /$0 /$272 /$0 /$6.195 /$95.723 I31Otrotal Current Liabilities /$16 1$159.122 /$0 1$129 /$107.830/$3.673 /$6,195 /$276.965 II I I I I I 1 I 1 I35Otrotal Noncurrent Liabilities 1$0 /$0 /$0 1$0 1$0 /$0 1$0 /$0 II I I I I I I I I I3OOtrotal Liabilities 1$16 /$159.122 /$0 1$129 1$107.8301$3.673 /$6.195 /$276,965 II 1 I I I J J r- I 1504 INet HUD PHA Contributions /$0 /$5.507.3051$0 1$0 /$0 F/$O /$5.507,305 I508"trotal Contributed Capital /$0 /$5,507.305/$0 1$0 /$0 o /$0 /$5.507,305 II I I I I 1 I I I I511trotal Reserved Fund Balance 1$0 /$0 /$0 1$0 /$0 /$0 /$0 /$0 I' . I I I I I I I I I 1512 IUndesignated Fund Balance/Retained Earnings /$240.864 /$468.057 1$372.654 1$0 1$51.050 /$24.869 /$99,415 /$1.256,909 151'3"trotal Equity /$240.864 1$5.975.362/$372,654 1$0 /$51.050 1$24.869 1$99.415 /$6,764.214 II I I I b129 I 1 I I I6OOtrotal Liabilities and Equity 1$240.880 /$6.134,484/$372.654 /$158.880/$28.542 1$105.6101$7,041.179 I - N I 20[5 3/18/022:43 PM - - - - -..- - - - - - - - - - - - - - PHA: KS038 FYED: 06/30/2001 I ....... ... Line Item No. Account Description 1703 INet Tenant Rental Revenue 1704 /Tenant Revenue - Other ~/TomITenantRevenue II 1706 IHUD PHA Grants 1711 Ilnvestment Income - Unrestricted 1715 jotherRevenue 1716 IGain/Loss on Sale of Fixed Assets j100 /Toml Revenue 30f5 - - - - - - - https://hudapps.hud.gov/HUD_Systemsltasphalrea...0200 I %20%20 I %3A4 7PM&CFID=8531 &CFTOIZEN= 17564589 Public and HOME Low Public Indian ~ection ~ection 8 Publi~ Investment Rent Housing_Comprehensive Housing ~ Renml Rental ~OU~I~g Partnerships Public Improvement Assismnce Drug Voucher Certificate F ap~ a Program Housing Program Elimination. Program . Program pun Program rogram Total 1$0 1$311.9051$0 1$0 1$0 1$0 1$0 1$311,905 I 1$0 1$30.149 1$0 1$0 1$0 1$0 1$0 1$30,149 ~O ~342,O54~0 1$0 ~O 1$0 1$0 1$342,054 I I I I j 1 1 1 1$0 1$11.037 1$237,445 1$19.702 1$606.1601$283.839 1$200,0851$1,358,268 1$1 .495 1$29,624 1$0 )$0 ~216 {$402 1$0 1$31.737 1$0 1$6.537 1$0 1$0 1$0 1$365 1$0 1$6,902 1$0 1$-2.750 1$0 1$0 1$0 1$0 1$0 1$-2.750 1$1.495 j$386.502~237 .445 1$19.702 1$606,3761$284.606 1$200.0851$1,736,211 - - - - - - - - - - -- 3/18/02 2:43 PM I N N I PHA: KS038 FYED: 06/30/2001 ~inel Item No. Account Description I911lAdministrative Salaries 1912 lAuditing Fees 1914 ICompensated Absences I915IEmployee Benefit Contributions - Administrative 1916 !Other Operating - Administrative https://hudapps.hud.govlHUD_Systems/faspha/rea...02001%20%20 1 %3A4 7PM&CFID=8531&CFTOKEN= 17564589 Public and Public Indian Section Section 8 Public Housing Housing_Comprehensive Housing Rental Rental C't I Improvement Assistance Drug oucher Certificate apl a Fund Program Elimination Program . Program Program rogram 1$0 . 1$0 1$0 1$0 1$0 HOME Low Investment Rent Partnerships Public Program Housing i924trenant Services - Other ~O /$0 , , 1$2,249 1$19,702 1$0 1$0 1$0 1$21,951 1931 ~ater /$0 ~1,814 /$0 1$0 /$0 /$0 /$0 1$1,814 /932 Electricity /$0 ~3,747 1$0 =~ 1$0 ]$0 /$0 /$3,747 /933 lGas /$0 1$4,522 /$0 ]$0 1$0 1$0 1$4,522 1941 !Ordinary Maintenance and Operations - Labor /$0 /$68,977 /$0 /$0 1$0 /$0 1$0 1$68,977 1942!Ordinary Maintenance and Operations - Materials and Other 1$0 1$30,952 /$0 =~ 1$0 /$0 ~ 1$30,952 1943 (ordinary Maintenance and Operations - Contract Costs /$0 ]$32,718 1$0 /$0 /$0 1$0 /$32,718 1945 IEmployee Benefit Contributions - Ordinary Maintenance /$0 /$22,052 /$0 1$0 {so /$0 1$0 1$22,D52 1961 Ilnsurance Premiums 1$0 !$28,607 /$0 j$0 1$0 /$0 /$0 1$28,607 1963 IPaymentsin Lieu of Taxes {$O 1$30,054 1$0 1$0 ~~ 1$0 1$30,054 I964IBad Debt - Tenant Rents /$0 1$30.076 1$0 1$0 o /$0 1$0 1$30,076 . 6,648 1$14,397 [969trotalOperating Expenses 1$529 /$437,8761$0 [$19,702 1$70,670 1$589,822 II I I I I I j I I /97OjExcess Operating Revenue over Operating Expenses 1$966 1$-51,374 /$237.445 ]$0 /$559,728/$270,209 /$129,415/$1,146,389 I I 1 I j I I I I I 1971 IExtraordinary Maintenance 1$0 1$29,673 ]$0 1$0 1$0 1$0 1$0 /$29.673 1972 !Casualty Losses - Non-Capitalized /$0 1$798 1$0 1$0 1$0 1$0 /$0 /$798 1973 IHousing Assistance Payments /$0 /$0 1$0 /$0 1$510,7481$253,250 (so /$763,998 I974IDepreciation . Expense 1$0 /$145,750/$0 j$0 1$187 /$1,362 1$0 1$147,299 1$432 /$0 /$16 1$81 /$0 ~trotal Expenses II 11 001 !Operating Transfers In 11002!Operating Transfers Out 11010trotal Other Financing Sources (Uses) /-1 /1000 Excess (Deficiency) of Operating Revenue Over (Under) Expenses . ~529 I /$0 /$0 /$0 I ~966 lof5 /$97,463 ]$0 /$1,800 1$0 /$5.647 J$O 1$30,452 /$0 /$46 746 1$0 /$614.0971$0 I I /$176,4641$0 1$0 /$-146,464 /$176,464/$-146,464 I I ~-51,131 ~90,981 1$19,702 I j$0 /$0 j$ri I FO /$26.882 1$6.721 1$0 /$0 1$390 1$390 (s8,064 1$2,016 /$11 312 /$5270 Total 1$0 1$131,498 1$0 1$1,800 /$0 1$6.443 1$931 1$41,544 /$69739 1$133067 I M C"'-l I 1$557.5831$269,009 /$70.670 1$1.531.5901 I I 1 r---- ]$0 ]$0 /$0 1$176,464 /$0 ]$0 /$-30,000 1$-176,464 1$0 /$0 1$-30.000 1$0 I I I I ~8.793 ~15,597 ~99,415_~204.6~ -----.-------------- 3/18/022:43 PM PHA: KS038 FYED: 06/30/2001 uool Item No, Account Descnptlon 111021Debt Principal Payments - Enterprise Funds 11103jSeginning Equity 11104fPrior Period Adjustments. Equity Transfers and Correction of 'tIErrors 11113jMaximum Annual Contributions Commitment (Per ACC) 111141Prorata Maximum Annual Contributions Applicable to a Period of "tjless than Twelve Months 111151Contingency Reserve. ACC Program Reserve 11116trotal Annual Contributions Available II 11120jUnit Months Available 11121jNumber of Unit Months Leased ; of5 - - - - _.- - nllps;lI11uuappS.l1uu.guVlnUU_~YSlt:mSl1iUipllilln::a...v..<.VVl 70,",V70,",V1 70"/\'''/ nVHl',~I' 1U-O"" 1""~I' 1 Vl\.J:."-' /.Ju't.JO:1 Public and P br c [-~ HOME L R t Public Indian Section Section 8 H u I, Investment pO~r en Housing_ComprehensiveHousing ~ Rental Rental cOU~I~g Partnerships HU I~ Improvement Assistance Drug ~oucher Certificate. FaPdl a P ouslng P EI' , Ii P P un rogram rogram Imina on rogram rogram P Program rogram Total 1$0 1$0 1$0 1$0 1$0 1$0 1$0 1$0 1$239.897 1$5.770.3461$537.713 1$0 1$2.256 1$9.272 1$0 1$6.559.484 F1 F256.147 1$-256.040 FO ~1$0 r;--F109 1$0 ~O 1$0 1$0 1$0 1$263.101 1$0 1$263.101 FO FO 1$0 ~O F598.621!$22.100 FF620.721 1$0 1$0 1$0 1$0 /$211.791 $135.033 1$0 1$346.824 1$0 ~O 1$0 1$0 1$810,4121$420.2341$0 1$1.230.646 II I I I I I I jo 11.847 10 jO 12.600 j844 10 15.291 jO 11.797' 10 jo 12.578 1830 jo 15.205 - - - - - - - - - - I -.;to C"l I 3/18/02 2:43 PM - -