HomeMy WebLinkAbout2026/02/11 - ADMIN - Agenda Packets - Housing Authority - Regular Housing Authority of St. Louis Park
Meeting date: February 11, 2026
Housing Authority, St. Louis Park, Minnesota
Wednesday, February 11, 2026, 5 p.m.
Community room, first floor
Agenda
1. Call to order - roll call
2. Approval of Minutes for December 2025
3. Hearings:
a. None
4. Presentation
a. Vision 4.0
5. Unfinished Business
a. None
6. New Business
a. Approval of SEMAP certification, fiscal year end Dec. 31, 2025
b. Approval of MN Housing Bring it Home signatories, Resolution No. 788
c. Approval of US Bank signatories, Resolution No. 789
d. Approval of Piper Sandler signatories, Resolution No. 790
7. Communications
a. Claims Lists: December 2025 and January 2026
b. Financials: November 2025
c. Communications: Legal compliance representation form for auditor
8. Other: Next scheduled meeting: March 11, 2026
9. Adjournment
Auxiliary Aides for those with disabilities are available upon request. To make arrangements
please call the Housing Authority office at 952-924-2579 (TDD 952-924-2668) at least 96 hours
in advance of meeting.
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Unofficial Minutes
Housing Authority meeting
St. Louis Park, Minnesota
December 10, 2025
1. Call to order: The meeting was called to order at 5:03 p.m.
Roll call:
Members present: Shelby Conway, Catherine Courtney (arrived at 5:08), Thom Miller,
and Val Upsher
Members absent: Jolene Tanner
Staff present: Marney Olson, Nicole Randall and Angela Nelson
2. Approval of Minutes – Minutes for the November board meeting were reviewed.
It was moved by Commissioner Courtney, seconded by Commissioner Upsher to approve
the November 2025 minutes as presented.
Motion passed 3-0.
3. Hearings - None
4. Presentation - None
5. Unfinished Business – None
6. New Business
a. Approval Housing Authority Budget for Fiscal Year Ending Dec. 31, 2026, Resolution
No. 783. Ms. Olson presented the Housing Authority Budget for fiscal year 2026. She
explained that the public housing budget showed an anticipated $80,000 operating
loss, primarily due to decreased operating subsidies from HUD and uncertainty
around new HUD guidance regarding spending order of funds. While staff typically try
to present a balanced budget, the Housing Authority maintains more than four
months of operating reserves for public housing. Staff recommended a conservative
approach due to uncertainty in federal funding and to avoid potential recapture of
funds by HUD.
It was moved by Commissioner Conway, seconded by Commissioner Courtney to
approve the Housing Authority Budget for fiscal year ending December 31, 2026,
Resolution No. 783. Motion passed 4-0.
b. Approval of Collateral Assignment for Beltline Development, Resolution No. 784. Ms.
Randall presented Resolution No. 784 authorizing execution of a collateral
assignment of the agreement to enter into housing assistance payment contract
(AHAP) for the Beltline Station development. She explained that Cedar Rapids Bank
and Trust, which is providing financing for the project, requested this assignment as
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Unofficial Minutes 2
Housing Authority
December 10, 2025
part of their financial package. The project requires the previously approved 20
project-based vouchers to be financially viable.
It was moved by Commissioner Conway, seconded by Commissioner Upsher to
approve collateral assignment for Beltline Development, Resolution No. 784.
Motion passed 4-0.
c. Approval of Family Self-Sufficiency Program (FSS) Contract Amendment with St. Louis
Park Emergency Program (STEP), Resolution No. 785. Ms. Randall presented the
amendment to continue the FSS program with STEP, which provides case
management services helping participants achieve economic self-sufficiency. The
program currently has 24 participants with a goal of 25 and has successfully helped
three participants graduate this year. STEP's social workers provide crucial services
including employment assistance, family service coordination, and homeownership
education.
It was moved by Commissioner Conway and seconded by Commissioner Courtney to
approve the FSS Program contract amendment with STEP, Resolution No. 785. Motion
passed 4-0.
d. Approval of Update to Housing Authority Administrative Policies, Capitalization Policy,
Resolution No. 786. Ms. Olson recommended updating the Housing Authority's
capitalization policy, which had not been changed since 2000. The proposal was to
increase the capitalization threshold from $1,000 to $3,000, effective January 1, 2026.
This change aligns with recommendations from the fee accountant based on the size
of the agency.
It was moved by Commissioner Conway, seconded by Commissioner Courtney,
approving the update to the Housing Authority Administrative Policies, Capitalization
Policy, Resolution No. 786. Motion passed 4-0.
e. Public Housing and Housing Choice Voucher Program Collection Loss Write-Off,
Resolution No. 787. Ms. Olson presented the annual collection loss write-offs for
approval. The proposed write-offs included move out charges for five former public
housing tenants and write-offs for the Housing Choice Voucher program due to the
housing authority being unable to reconcile portability payments from the Minneapolis
Public Housing Authority for three tenants. Ms. Olson explained that write-offs only
occur for former program participants who have been gone for at least one year. The
Housing Authority utilizes the Minnesota Department of Revenue's revenue recapture
program to continue collection efforts even after write-offs.
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Housing Authority
December 10, 2025
It was moved by Commissioner Conway and seconded by Ms. Upsher to approve the
Public Housing and Housing Choice Voucher Program collection loss write-off.
Motion passed 4-0.
f. Contract Amendment for CEE loan programs. Ms. Olson presented the nineteenth
amendment to the contract with Center for Energy and Environment (CEE) for various
loan programs. The amendment includes a new deferred loan program funded with
$300,000 from the Affordable Housing Trust Fund, with a maximum assessed value
limit of $445,000 (115% of the 2025 assessed median value for single-family homes) to
ensure funds reach those most in need.
It was moved by Commissioner Courtney and seconded by Commissioner Shelby to
approve the nineteenth amendment to the contract with CEE for loan programs. Motion
passed 4-0.
7. Communications
8. Other
9. Adjournment
It was moved by Commissioner Conway, seconded by Commissioner Upsher, to adjourn
the meeting. Motion passed 5-0.
The meeting was adjourned at 6:10 p.m.
Respectfully submitted,
______________________________
Jolene Tanner, Secretary
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Housing Authority of St. Louis Park
Meeting date: February 11, 2026
Agenda item: 4a
Title: Vision 4.0 update
Recommended action: No action is being requested.
Policy consideration: There is no policy consideration at this time.
Summary: The community engagement phase of the Vision 4.0 process, which ran from
March through September 2025, has now concluded. During this period, staff and consultants
implemented a wide range of strategies to gather meaningful input from residents and
community members. These efforts included an ambassador cohort, a community committee,
mobile and static engagement activities, virtual outreach and facilitated conversations.
Together, these approaches provided diverse opportunities for residents to share perspectives
and shape the visioning process.
Now that the engagement phase and presentation have concluded, staff and the consultant
team have delivered the final report to the City Council on December 8, 2025 . The report
outlines the engagement methods used, presents community profile data on who participated,
highlights key themes and feedback, and provides data‑driven recommendations to guide the
next stage of the visioning process.
Supporting documents: Vision 4.0 Final Report
Prepared by: Pat Coleman, community engagement coordinator
Reviewed by: Marney Olson, housing manager
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Meeting: Study session
Meeting date: December 8, 2025
Discussion item: 1
Executive summary
Title: Vision 4.0 final report
Recommended action: No action is being requested. This item is for discussion purposes only.
Policy consideration: There is no policy consideration at this time. The council will have policy
considerations related to Vision 4.0 in early 2026.
Summary: The community engagement phase of the Vision 4.0 process, which ran from March
through September 2025, has now concluded. During this period, staff and consultants
implemented a wide range of strategies to gather meaningful input from residents and
community members. These efforts included an ambassador cohort, a community committee,
mobile and static engagement activities, virtual outreach and facilitated conversations.
Together, these approaches provided diverse opportunities for residents to share perspectives
and shape the visioning process.
With the engagement phase concluded, staff and the consultant team are prepared to deliver
the final report to the city council. Led by Forecast Public Art and Bolton & Menk staff members
Ebony Dumas, Marcell Walker, Eric Souvannasacd and Candida Gonzalez, the report will provide
a comprehensive overview of the engagement methods used, present community profile data
highlighting who participated, underscore the key themes and feedback gathered, and offer
data-driven recommendations to inform the next stage of the visioning process.
Financial or budget considerations: There are no budget impacts associated with the Vision
4.0 report.
Strategic priority consideration: St. Louis Park is committed to creating opportunities to build
social capital through community engagement.
Supporting documents: Vision 4.0 Final Report
Prepared by: Pat Coleman, community engagement coordinator
Reviewed by: Sean Walther, planning manager/deputy community development director
Cheyenne Brodeen, administrative services director
Approved by: Kim Keller, city manager
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Study session meeting of December 8, 2025 (Item No. 1) Page 2
Title: Vision 4.0 final report
Discussion
Background: Since 1995, the City of St. Louis Park has demonstrated a deep commitment to
engaging residents, community organizations, businesses and partners through three extensive
ten‑year visioning processes. These efforts have been instrumental in shaping a vibrant,
cohesive community and have led directly to operational changes and policy development.
Operational changes have included revising council reports, budget discussions and
communications to align with strategic priorities, while policies such as the city’s
comprehensive plan, “Connect the Park” and the Climate Action Plan were informed and
strengthened by visioning outcomes. Full reports from each of these visioning processes are
available online through the City of St. Louis Park.
The community is now engaged in the fourth iteration of this process, Vision 4.0, which builds
on this legacy of resident-driven planning. During a study session on Feb. 12, 2024, staff
outlined the initial planning timeline, followed by a Jan. 6, 2025 study session where the council
received details on the engagement plan developed by Forecast Public Art in partnership with
Bolton & Menk. The plan set clear goals: to provide transparent information about the process,
explore the community’s evolving identity, identify aspirations for the future, and ensure
diverse participation—particularly from underrepresented voices, youth, and renters.
To achieve these goals, a variety of engagement methods were employed, including the
formation of an ambassador cohort to guide conversations and strengthen relationships,
facilitation of small-group discussions hosted within community networks, mobile engagement
through the city’s engagement van and city-led events, static outreach via surveys, lawn signs
and posters, open houses and virtual engagement leveraging the city’s strong social media
presence. Since January 2025, staff and consultants have been actively implementing these
strategies, gathering input across the city.
On Sept. 15, 2025, staff provided the council with a report on the progress of Vision 4.0
engagement efforts. The report highlighted the strategies implemented to date, which had
reached approximately 1,600 residents through a variety of activities, primarily mobile
engagement, facilitated small group discussions and survey participation. The report also
included information on who was being engaged, with details on the diversity of participation
across neighborhoods, age groups and racial demographics.
This report builds on the Sept. 15, 2025 update, offering the council a high-level overview of
emerging themes from community input and outlining the next steps in advancing Vision 4.0
toward a comprehensive strategic framework for the city’s future.
Present considerations: From March to September 2025, the Vision 4.0 engagement process
successfully reached residents through a diverse set of methods, ensuring both quantitative
and qualitative levels of community input. The effort captured perspectives from families,
young professionals, renters, homeowners and BIPOC residents, reflecting the city’s
demographic diversity. Feedback consistently expressed St. Louis Park’s identity as a welcoming
and connected community, while also elevating priorities around housing affordability,
mobility, safety and sustainability.
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Study session meeting of December 8, 2025 (Item No. 1) Page 3
Title: Vision 4.0 final report
This comprehensive engagement collected provides city council with a clear, data-driven
foundation to guide the next phase of visioning, ensuring that future strategies are rooted in
resident voices and aligned with the community’s values of inclusivity, trust and belonging.
Engagement highlights: Throughout the engagement process, a total of 2,336 resident
interactions were documented. Recognizing that some individuals may have participated in
multiple activities, the estimated unique reach is approximately 2,000 residents. The following
provides a high-level overview of the collected data, which will serve as a foundation for
guiding the next phase of the visioning process:
• Engagement methods
o Mobile engagement: 19 events, 1,607 interactions. This approach reached
diverse residents, including renters and BIPOC community members.
o Community conversations: 96 residents participated in small-group discussions,
providing nuanced insights in informal settings.
o Community survey: 633 responses. The survey (available in English, Spanish, and
Somali) was distributed citywide through newsletters and social media.
• Demographic insights
o Age: Strong representation from adults aged 25–44 (48.7%), reflecting
participation from young professionals and families.
o Race/ethnicity: Majority of identified participants were White (81.5%). Mobile
engagement notably reached 456 BIPOC residents, representing 28.4% of mobile
interactions.
o Neighborhoods: Broad representation across the city. Fern Hill neighborhood
had the highest survey participation, while targeted renter outreach in the Eliot
neighborhood captured specific concerns.
Themes: With the engagement period now concluded, staff and the consultant have completed
a preliminary review of the input received. Together, they are providing the council with a high-
level summary of the general themes that have emerged from community feedback:
• Safety: Creating a community where all people in the area feel safe.
• Infrastructure: Building and maintaining connected, reliable and people-first public
spaces.
• Sustainability: Leading as responsible stewards of our natural and financial
environment.
• Community and belonging: Fostering a vibrant, connected and inclusive community
where everyone belongs.
• Housing and affordability: Ensuring a diverse and attainable range of housing options
for all.
Next steps: Once this final report is accepted by city council, the second phase of visioning will
commence in 2026 and the council will work to determine and adopt the final set of new
strategic priorities. Staff will then develop an actional strategic plan that includes goals and
metrics based upon the newly adopted set of strategic priorities.
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Study session meeting of December 8, 2025 (Item No. 1) Page 4
Title: Vision 4.0 final report
Here is a timeline of the next steps in the process:
January – February 2026 The city council will determine the final set of strategic priorities
through facilitated discussions led by an external consultant
March 2026 The city council adopts new strategic priorities
March – June 2026 Staff, in collaboration with an external consultant, develop a
strategic plan based upon new strategic priorities
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Housing Authority of St. Louis Park
Meeting date: February 11, 2026
Agenda item: 6a
Title: Approval of SEMAP certification, fiscal year end Dec. 31, 2025
Recommended action: Staff recommend that the Housing Authority Board approve the
execution and transmission of HUD-Form 52648 - SEMAP Certification.
Policy consideration: Does the Housing Authority Board confirm that the SEMAP certification
accurately reflects the HA’s management and administration of the Housing Choice Voucher
program and approve its transmission of HUD-Form 52648 SEMAP Certification to HUD?
Summary: The Department of Housing and Urban Development (HUD) implemented the
Housing Choice Voucher (Section Eight) Management Assessment Program (SEMAP) in the fall
2000. SEMAP is a management assessment system utilized by HUD to annually measure the
performance of local housing agencies that administer the Housing Choice Voucher rental
assistance program.
HUD measures the performance of housing authorities in 14 key areas. The 14 indicators of
performance show whether eligible families are helped to afford decent rental units at a
reasonable subsidy cost as intended by federal housing legislation and by Congress’
appropriation of federal tax dollars for this program.
The 14 key indicators of performance are:
Selection from Waiting List
Rent Reasonable
Determination of Adjusted Income
Utility Allowance Schedule
HQS Quality Control Inspections
HQS Enforcement
Expanding Housing Opportunities
Payment Standards
Annual Reexams
Correct Tenant Rent Calculations
Precontract HQS Inspections
Lease Up
Family Self Sufficiency Enrollment
Deconcentration Bonus
SEMAP is used to remotely measure PHA performance and administration of the housing
choice voucher program. SEMAP uses HUD's national database of tenant information and
information from audits conducted annually by independent auditors. HUD will annually assign
each PHA a rating on each of the 14 indicators and an overall performance rating of high,
standard, or troubled. Metropolitan PHAs are also able to earn bonus points for their
achievements in encouraging assisted families to choose housing in low poverty areas. If a
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Housing Authority meeting of February 11, 2026 (Item No. 6a) Page 2
Title: Approval of SEMAP certification, fiscal year end Dec. 31, 2025
housing agency is not performing adequately on any of the 14 indicators or is assigned an
overall performance rating of troubled, SEMAP requires corrective action. HUD will conduct
on-site review of housing authorities rated as troubled to assess the magnitude and
seriousness of the problems. The housing authority must implement a thorough corrective
action plan that HUD will monitor to ensure improvement.
It is HUD’s intent that the systematic and comprehensive approach of SEMAP will improve
HUD’s oversight of the Housing Choice tenant-based rental assistance programs and will help
HUD to target monitoring and assistance to housing agency programs that need the most
improvement.
The HA’s most recent submission of SEMAP was FYE 2024 and the HA received a score of 100.
HA Fiscal Year (FYE) 2025 Certification
Attached is HUD Form-52648, Housing Choice Voucher (Section 8) Management Assessment
Program (SEMAP) Certification, for review. Certification and electronic transmission of the
management operation indicator information is required by HUD to calculate the HA’s SEMAP
score within 60 Days of the fiscal year end, or February 28, 2026. Staff examination of the HA’s
records, systems and files indicates that the HA meets the highest threshold for all indicators.
Based on staff’s examination of the HA’s records, staff anticipate receiving a score of 100 and a
classification of high performer.
HUD will determine the HA’s final SEMAP score by examining information from the national
database of Housing Choice Voucher tenant information and the HA’s certification. An HA
must receive a score of 90% or higher to be considered a high performer; 60% to 89% classifies
an HA as a standard performer. HAs receiving scores below 60% will be considered “troubled”.
Supporting documents: HUD Form-52648, Housing Choice Voucher (Section 8) Management
Assessment Program (SEMAP) Certification
Prepared by: Nicole Randall, housing assistance administrator
Reviewed by: Marney Olson, housing manager
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Section 8 Mana gement Assessment
Program (SEMAP)
U.S. Department of Housing OMB Approval No. 2577-0215
and Urban Development (exp. 12/31/2026) Offi ce of Public and Indian Housing
Certification
Public reporting burden for this collection of information is estimated to average 12 hours per response, including the time for reviewing instructions,
searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may
not conduct or sponsor, and you are not required to respond to, a collection of information unless it displays a currently valid OMB control number.
This collection of information is required by 24 CFR sec 985.101 which requires a Public Housing Agency (PHA) administering a Section 8 tenant-based
assistance program to submit an annual SEMAP Certification within 60 days after the end of its fiscal year. The information from the PHA concerns the
performance of the PHA and provides assurance that there is no evidence of seriously deficient performance. HUD uses the information and other data
to assess PHA management capabilities and deficiencies, and to assign an overall performance rating to the PHA. Responses are mandatory and the
information collected does not lend itself to confidentiality.
Instructions Respond to this certification form using the PHA’s actual data for the fiscal year just ended.
PHA Name For PHA FY Ending (mm/dd/yyyy)Submission Date (mm/dd/yyyy)
Check here if the PHA expends less than $300,000 a year in Federal awards
Indicators 1 - 7 will not be rated if the PHA expends less than $300,000 a year in Federal awards and its Section 8 programs are not audited
for compliance with regulations by an independent auditor. A PHA that expends less than $300,000 in Federal awards in a year must still
complete the certification for these indicators.
Performance Indicators
1.Selection from the Waiting List. (24 CFR 982.54(d)(1) and 982.204(a))
(a) The PHA has written policies in its administrative plan for selecting applicants from the waiting list.
PHA Response Yes No
(b) The PHA’s quality control samples of applicants reaching the top of the waiting list and of admissions show that at least 98% of the families in the
samples were selected from the waiting list for admission in accordance with the PHA’s policies and met the selection criteria that determined their places
on the waiting list and their order of selection.
PHA Response Yes No
2.Reasonable Rent. (24 CFR 982.4, 982.54(d)(15), 982.158(f)(7) and 982.507)
(a) The PHA has and implements a reasonable written method to determine and document for each unit leased that the rent to owner is reasonable based
on current rents for comparable unassisted units (i) at the time of initial leasing, (ii) before any increase in the rent to owner, and (iii) at the HAP contract
anniversary if there is a 5 percent decrease in the published FMR in effect 60 days before the HAP contract anniversary. The PHA’s method takes into
consideration the location, size, type, quality, and age of the program unit and of similar unassisted units, and any amenities, housing services,
maintenance or utilities provided by the owners.
PHA Response Yes No
(b) The PHA’s quality control sample of tenant files for which a determination of reasonable rent was required shows that the PHA followed its written
method to determine reasonable rent and documented its determination that the rent to owner is reasonable as required for (check one):
PHA Response At least 98% of units sampled 80 to 97% of units sampled Less than 80% of units sampled
3.Determination of Adjusted Income. (24 CFR part 5, subpart F and 24 CFR 982.516)
The PHA’s quality control sample of tenant files shows that at the time of admission and reexamination, the PHA properly obtained third party verification
of adjusted income or documented why third party verification was not available; used the verified information in determining adjusted income; properly
attributed allowances for expenses; and, where the family is responsible for utilities under the lease, the PHA used the appropriate utility allowances for
the unit leased in determining the gross rent for (check one):
PHA Response At least 90% of files sampled 80 to 89% of files sampled Less than 80% of files sampled
4.Utility Allowance Schedule. (24 CFR 982.517)
The PHA maintains an up-to-date utility allowance schedule. The PHA reviewed utility rate data that it obtained within the last 12 months, and adjusted
its utility allowance schedule if there has been a change of 10% or more in a utility rate since the last time the utility allowance schedule was revised.
PHA Response Yes No
5.HQS Quality Control Inspections. (24 CFR 982.405(b))
A PHA supervisor (or other qualified person) reinspected a sample of units during the PHA fiscal year, which met the minimum sample size required by
HUD (see 24 CFR 985.2), for quality control of HQS inspections. The PHA supervisor’s reinspected sample was drawn from recently completed HQS
inspections and represents a cross section of neighborhoods and the work of a cross section of inspectors.
PHA Response Yes No
6.HQS Enforcement. (24 CFR 982.404)
The PHA’s quality control sample of case files with failed HQS inspections shows that, for all cases sampled, any cited life-threatening HQS deficiencies
were corrected within 24 hours from the inspection and, all other cited HQS deficiencies were corrected within no more than 30 calendar days from the
inspection or any PHA-approved extension, or, if HQS deficiencies were not corrected within the required time frame, the PHA stopped housing assistance
payments beginning no later than the first of the month following the correction period, or took prompt and vigorous action to enforce the family obligations
for (check one):
PHA Response At least 98% of cases sampled Less than 98% of cases sampled
Previous edition is obsolete Page 1 of 4 ref. 24 CFR Part 985
form 15
7.Expanding Housing Opportunities. (24 CFR 982.54(d)(5), 982.153(b)(3) and (b)(4), 982.301(a) and 983.301(b)(4) and (b)(12)).
Applies only to PHAs with jurisdiction in metropolitan FMR areas.
Check here if not applicable
(a) The PHA has a written policy to encourage participation by owners of units outside areas of poverty or minority concentration which clearly delineates
areas in its jurisdiction that the PHA considers areas of poverty or minority concentration, and which includes actions the PHA will take to encourage
owner participation.
PHA Response Yes No
(b) The PHA has documentation that shows that it took actions indicated in its written policy to encourage participation by owners outside areas of poverty
and minority concentration.
PHA Response Yes No
(c) The PHA has prepared maps that show various areas, both within and neighboring its jurisdiction, with housing opportunities outside areas of poverty
and minority concentration; the PHA has assembled information about job opportunities, schools and services in these areas; and the PHA uses the maps
and related information when briefing voucher holders.
PHA Response Yes No
(d) The PHA’s information packet for voucher holders contains either a list of owners who are willing to lease, or properties available for lease, under
the voucher program, or a list of other organizations that will help families find units and the list includes properties or organizations that operate outside
areas of poverty or minority concentration.
PHA Response Yes No
(e) The PHA’s information packet includes an explanation of how portability works and includes a list of neighboring PHAs with the name, address and
telephone number of a portability contact person at each.
PHA Response Yes No
(f) The PHA has analyzed whether voucher holders have experienced difficulties in finding housing outside areas of poverty or minority concentration
and, where such difficulties were found, the PHA has considered whether it is appropriate to seek approval of exception payment standard amounts in
any part of its jurisdiction and has sought HUD approval when necessary.
PHA Response Yes No
8. Payment Standards. The PHA has adopted payment standards schedule(s) in accordance with § 982.503.
PHA Response Yes No
Enter FMRs and payment standards (PS)
0-BR FMR _________1-BR FMR _________2-BR FMR _________3-BR FMR ________4-BR FMR _________
PS ______________PS ______________PS ______________PS ______________PS ______________
If the PHA has jurisdiction in more than one FMR area, and/or if the PHA has established separate payment standards for a PHA-designated
part of an FMR area, attach similar FMR and payment standard comparisons for each FMR area and designated area.
9.Annual Reexaminations. The PHA completes a reexamination for each participating family at least every 12 months. (24 CFR 982.516)
PHA Response Yes No
10.Correct Tenant Rent Calculations. The PHA correctly calculates tenant rent in the rental certificate program and the family rent to owner in the rental
voucher program. (24 CFR 982, Subpart K)
PHA Response Yes No
11.
PHA Response Yes No
12.
PHA Response Yes No
13.
PHA Response Yes No
14a.Family Self-Sufficiency Enrollment. The PHA has enrolled families in FSS as required. (24 CFR 984.105)
Applies only to PHAs required to administer an FSS program
Check here if not applicable
PHA Response
a. Number of mandatory FSS slots (Count units funded under the FY 1992 FSS incentive awards and in FY 1993 and later
through 10/20/1998. Exclude units funded in connection with Section 8 and Section 23 project-based contract
terminations; public housing demolition, disposition and replacement; HUD multifamily property sales; prepaid or
terminated mortgages under section 236 or section 221(d)(3); and Section 8 renewal funding. Subtract the number of
families that successfully completed their contracts on or after 10/21/1998.)
or
Previous edition is obsolete Page 2 of 4 ref.16
b. Number of FSS families currently enrolled
c . Portability: If you are the initial PHA, enter the number of families currently enrolled in your FSS program, but who
have moved under portability and whose Section 8 assistance is administered by another PHA
Percent of FSS slots filled (b + c divided by a)
14b. Percent of FSS Participants with Escrow Account Balances. The PHA has made progress in supporting family self-sufficiency as measured by the
percent of currently enrolled FSS families with escrow account balances. (24 CFR 984.305)
Applies only to PHAs required to administer an FSS program .
Check here if not applicable
PHA Response Yes No
Portability: If you are the initial PHA, enter the number of families with FSS escrow accounts currently enrolled in your
FSS program, but who have moved under portability and whose Section 8 assistance is administered by another PHA
Deconcentration Bonus Indicator (Optional and only for PHAs with jurisdiction in metropolitan FMR areas).
The PHA is submitting with this certification data which show that:
(1)Half or more of all Section 8 families with children assisted by the PHA in its principal operating area resided in low poverty census tracts at the end of the last
PHA FY;
(2)The percent of Section 8 mover families with children who moved to low poverty census tracts in the PHA’s principal operating area during the last PHA FY
is at least two percentage points higher than the percent of all Section 8 families with children who resided in low poverty census tracts at the end of the last
PHA FY;
or
(3)The percent of Section 8 mover families with children who moved to low poverty census tracts in the PHA’s principal operating area over the last two
PHA FYs is at least two percentage points higher than the percent of all Section 8 families with children who resided in low poverty census tracts at the
end of the second to last PHA FY.
PHA Response Yes No If yes, attach completed deconcentration bonus indicator addendum.
I hereby certify under penalty of perjury that, to the best of my knowledge, the above responses are true and correct for the PHA fiscal year indicated above. I
also certify that, to my present knowledge, there is not evidence to indicate seriously deficient performance that casts doubt on the PHA’s capacity to administer
Section 8 rental assistance in accordance with Federal law and regulations.
Warning: Anyone who knowLngly submLts a false claLm or makes a false statement Ls subject to crLmLnal andor cLYLl penaltLes, LncludLng confLnement for up to
years, fLnes, and cLYLl and admLnLstratLYe penaltLes 86& , , , , 86& , Executive Director, signature Chairperson, Board of Commissioners, signature
___________________________________________________________
Date (mm/dd/yyyy) ____________________________________________
_________________________________________________________
Date (mm/dd/yyyy) _________________________________________
The PHA may include with its SEMAP certification any information bearing on the accuracy or completeness of the information used by the PHA in providing its
certification.
Previous edition is obsolete Page 3 of 4 ref. 24 CFR Part 985
form 17
Page 4 of 4
SEMA P Cer t i f i c at i o n - A d d en d u m fo r Rep o r t i n g Dat a f o r Dec o n c en t r at i o n B o n u s In d i c at o r
Date (mm/dd/yyyy) ____________________________
PHA Name ______________________________________________________________________________________
Principal Operating Area of PHA _____________________________________________________________________
(The geographic entity for which the Census tabulates data)
Special Instructions for State or regional PHAs . Complete a copy of this addendum for each metropolitan area or portion of a metropolitan area (i.e., principal
operating areas) where the PHA has assisted 20 or more Section 8 families with children in the last completed PHA FY. HUD will rate the areas separately
and the separate ratings will then be weighted by the number of assisted families with children in each area and averaged to determine bonus points.
2020 Census Poverty Rate of Principal Operating Area __________________________________________________
Criteria to Obtain Deconcentration Indicator Bonus Points
To qualify for bonus points, a PHA must complete the requested information and answer yes for only one of the 3 criteria below. However,
State and regional PHAs must always complete line 1) b for each metropolitan principal operating area.
1)__________a. Number of Section 8 families with children assisted by the PHA in its principal operating area at the end of the last PHA
FY who live in low poverty census tracts. A low poverty census tract is a tract with a poverty rate at or below the overall
poverty rate for the principal operating area of the PHA, or at or below 10% whichever is greater.
__________b. Total Section 8 families with children assisted by the PHA in its principal operating area at the end of the last PHA FY.
__________c. Percent of all Section 8 families with children residing in low poverty census tracts in the PHA’s principal operating area
at the end of the last PHA FY (line a divided by line b).
Is line c 50% or more? No
2)__________a. Percent of all Section 8 families with children residing in low poverty census tracts in the PHA's principal operating area
at the end of the last completed PHA FY.
__________b. Number of Section 8 families with children who moved to low poverty census tracts during the last completed PHA FY.
__________c. Number of Section 8 families with children who moved during the last completed PHA FY.
__________d. Percent of all Section 8 mover families with children who moved to low poverty census tracts during the last PHA fiscal
year (line b divided by line c).
Is line d at least two percentage points higher than line a? No
3)__________a. Percent of all Section 8 families with children residing in low poverty census tracts in the PHA's principal operating area
at the end of the second to last completed PHA FY.
__________b. Number of Section 8 families with children who moved to low poverty census tracts during the last two completed PHA FYs.
__________c. Number of Section 8 families with children who moved during the last two completed PHA FYs.
__________d. Percent of all Section 8 mover families with children who moved to low poverty census tracts over the last two completed
PHA FYs (line b divided by line c).
Is line d at least two percentage points higher than line a? No
If one of the 3 criteria above is met, the PHA may be eligible for 5 bonus points.
See instructions above concerning bonus points for State and regional PHAs.
Previous edition is obsolete ref.18
Housing Authority of St. Louis Park
Meeting date: February 11, 2026
Agenda item: 6b
Title: Approval of Bring It Home authorized signers, Resolution No. 788
Recommended action: Motion to adopt Resolution No. 788 approving authorized signers for
the Bring It Home program.
Policy consideration: Does the board wish to approve the authorized signers for the Bring It
Home program?
Summary: Bring It Home (BIH) is a new program to create rental assistance for low-income
families across Minnesota. Funded by state appropriations and the new metro sales tax for
housing, the program will provide grants to Program Administrators (PAs) who will administer
the program as direct assistance for renter households.
In the spring of 2025 Minnesota Housing accepted responses to the Bring It Home Rental
Assistance Request for Proposals (“RFP”) in accordance with Minnesota Statute 462A.2095.
Staff submitted an RFP on behalf of the housing authority. In July 2025, staff were notified that
the application was approved for funding in the amount of $1,378,556.00. In September 2025,
the housing authority board authorized the completion the required due diligence items and
execution of a contract by Karen Barton, executive director.
The due diligence items were completed and the BIH contract was executed in December
2025; staff began implementation of the program upon contract execution and the initial
disbursement of start-up costs was requested in January 2026. Staff were notified by MN
Housing that disbursement requests needed to be signed by approved signers. MN Housing
agreed that position titles as approved signers would be sufficient.
Staff recommend the following positions as authorized signers for any documents related to
the implementation, administration, reporting of compliance certifications or any additional
requirements for Bring It Home:
Housing Authority Board Chair
Housing Authority Executive Director
Housing Manager
Housing Assistance Administrator
Supporting documents: Resolution No. 788
Prepared by: Nicole Randall, housing assistance administrator
Reviewed by: Marney Olson, housing manager
19
Page 2 Housing Authority meeting of February 11, 2026 (Item No. 6b)
Title: Approval of Bring It Home authorized signers, Resolution No. 788
Resolution No. 788
Authorizing signers
for Bring It Home with Minnesota Housing
Whereas, Bring It Home (BIH) is a new program to create rental assistance for low-
income families across Minnesota, and
Whereas, the Housing Authority of St. Louis Park was notified by Minnesota Housing
the funding amount awarded is $1,378,556.00, and
Whereas, execution of the grant agreement was authorized to be completed by Karen
Barton, Housing Authority of St. Louis Park Executive Director, kbarton@stlouisparkmn.gov,
and
Whereas, any documents related to the implementation or administration of the Bring
It Home program, including but not limited to funding disbursement requests and compliance
certifications, are additionally authorized to be completed by the following positions:
Housing Authority Board Chair
Housing Authority Executive Director
Housing Manager
Housing Assistance Administrator
NOW, THEREFORE BE IT RESOLVED by the Housing Authority Board that approval is hereby
given to authorize Housing Authority staff to complete and submit all documents required by
Minnesota Housing for the implementation and administration of the Bring It Home Program.
Adopted by the Authority February 11, 2026
__________________________
Thom Miller, Chair
__________________________
Jolene Tanner, Secretary
ATTEST:
____________________________
Karen Barton, Executive Director
20
Housing Authority of St. Louis Park
Meeting date: February 11, 2026
Agenda item: 6c
Title: Resolution authorizing bank signatories, Resolution No. 789
Recommended action: Motion to adopt resolution 789 authorizing bank signatories
Policy consideration: Does the board wish to approve the bank signatories for each bank
account?
Summary: The housing authority has seven bank accounts at US Bank: Public Housing, General
Fund, Housing Choice Voucher, Kids in the Park, Stable Home, FSS escrow account and Bring it
Home. These bank accounts are used for the financial operations of the various programs. The
General Fund is the primary checking account used to process all vendor checks. The Housing
Choice Voucher program is the only other account that utilizes checks to pay utility
reimbursement payments. Once checks are processed out of the General Fund transfers are
made from the appropriate program bank account to reimburse the General Fund. ACH
payments to landlords for rental assistance programs are made directly from the program
bank account.
The following positions are recommended as signatories for each bank account:
Housing Authority Executive Director
Housing Manager
Housing Assistance Administrator
NEXT STEPS: Staff will complete appropriate forms required by US Bank to update signatories
on all accounts.
Supporting Documents: Resolution No. 789
Prepared by: Marney Olson, Housing Manager
Reviewed by: Blake Woxland, Financial Technician
21
Housing Authority meeting of February 11, 2026 (Item No. 6c) Page 2
Title: Resolution authorizing bank signatories, Resolution No. 789
Resolution No. 789
Resolution authorizing bank signatories
Whereas, the Housing Authority of St. Louis Park has been multiple accounts at US Bank
for the Housing Authority’s business needs; and
Whereas, it is necessary to update the current bank signatories,
Now therefore be it resolved by the Housing Authority Board of St. Louis Park that approval is
hereby given to authorize the following positions as bank signatories on the US Bank accounts:
Housing Authority Executive Director
Housing Manager
Housing Assistance Administrator
Adopted by the Authority on February 11, 2026
____________________________________
Thom Miller, Chair
____________________________________
Jolene Tanner, Secretary
ATTEST:
__________________________
Karen Barton, Executive Director
22
Housing Authority of St. Louis Park
Meeting date: February 11, 2026
Agenda item: 6d
Title: Resolution authorizing Piper Sandler signatories, Resolution No. 790
Recommended action: Motion to adopt resolution 790 authorizing Piper Sandler signatories
Policy consideration: Does the board wish to approve the signatories for each money market
account?
Summary: The housing authority has seven bank accounts at US Bank for the general
operations of rental assistance programs. The checking accounts, with the exception of the FSS
escrow account, are no-interest-bearing, the housing authority also has money market
accounts with Piper Sandler that is used for interest earning potential. There is no check-
writing associated with the money market accounts and all transactions are transfers between
accounts or wires to and from other housing authority bank or investment accounts.
The following positions are recommended as signatories for each money market account:
Housing Authority Executive Director
Housing Manager
Housing Assistance Administrator
NEXT STEPS: Staff will complete appropriate forms required by Piper Sandler to update
signatories on all accounts.
Supporting Documents: Resolution No. 790
Prepared by: Marney Olson, Housing Manager
Reviewed by: Blake Woxland, Financial Technician
23
Page 2 Housing Authority meeting of February 11, 2026 (Item No. 6d)
Title: Resolution authorizing Piper Sandler signatories, Resolution No. 790
Resolution No. 790
Resolution authorizing signatories
Whereas, the Housing Authority of St. Louis Park has been multiple accounts at Piper
Sandler for the Housing Authority’s business needs; and
Whereas, it is necessary to update the current bank signatories,
Now therefore be it resolved by the Housing Authority Board of St. Louis Park that approval is
hereby given to authorize the following positions as bank signatories on the Piper Sandler
accounts:
Housing Authority Executive Director
Housing Manager
Housing Assistance Administrator
Adopted by the Authority on February 11, 2026
____________________________________
Thom Miller, Chair
____________________________________
Jolene Tanner, Secretary
ATTEST:
__________________________
Karen Barton, Executive Director
24
Agenda Item 7a. December 2025
㈵
26
27
28
29
30
31
Agenda Item 7a. January 2026
32
33
34
35
36
37
38
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
80,269 909,677
0 -350
80,269 909,327
-919 5,418
355 3,231
2,000 5,181
-31 2,174
29 240
0 118
282 3,402
-7 3,319
0 -1,092
-502 8,003
1,207 29,996
81,476 939,323
3400-00-000 GRANT INCOME
3401-00-000 HUD PHA Operating Grants/Subsidy 28,984 319,393
3499-00-000 TOTAL GRANT INCOME 28,984 319,393
3600-00-000 OTHER INCOME
3610-00-000 Investment Income - Unrestricted 1,077 12,319
3640-00-000 Fraud Recovery 0 2,016
3699-00-000 TOTAL OTHER INCOME 1,077 14,335
3999-00-000 TOTAL INCOME 111,537 1,273,050
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4100-99-000 Administrative Salaries
4110-00-000 Administrative Salaries 22,140 269,575
4110-04-000 Employee Benefit Contribution-Admin 8,268 88,443
4110-99-000 Total Administrative Salaries 30,408 358,018
4130-00-000 Legal Expense
4130-04-000 General Legal Expense 1,110 1,110
4131-00-000 Total Legal Expense 1,110 1,110
Low Income Public Housing (.ph)
3100-00-000 TENANT INCOME
3101-00-000 Rental Income
3111-00-000 Tenant Rent
3114-00-000 Less: Concessions
3119-00-000 Total Rental Income
3120-00-000 Other Tenant Income
3120-01-000 Laundry and Vending
3120-02-000 Cleaning Fee
3120-03-000 Damages
3120-04-000 Late Charges
3120-06-000 NSF Charges
3120-07-000 Tenant Owed Utilities
3120-09-000 Other Income - Laundry
3121-00-000 Tenant Payment Agreement (TPA) Rent
3121-01-000 Tenant Payment Agreement (TPA) Fraud
3121-02-000 Tenant Payment Agreement (TPA) Other
3129-00-000 Total Other Tenant Income
3199-00-000 TOTAL TENANT INCOME
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 3
Agenda Item 7b.
39
Period to Date Year to Date
Low Income Public Housing (.ph)
Income Statement
Period = Nov 2025
Book = Accrual
4139-00-000 Other Admin Expenses
4140-00-000 Staff Training 292 5,662
4150-00-000 Travel 33 33
4170-00-000 Accounting Fees 1,350 8,222
4171-00-000 Auditing Fees 0 14,700
4180-00-000 Office Rent 0 5,625
4189-00-000 Total Other Admin Expenses 1,674 34,242
4190-00-000 Miscellaneous Admin Expenses
4190-01-000 Membership and Fees 0 263
4190-04-000 Office Supplies 0 191
4190-07-000 Telephone 678 12,965
4190-12-000 Software 0 7,561
4190-22-000 Other Misc Admin Expenses 118 14,650
4191-00-000 Total Miscellaneous Admin Expenses 31,204 393,647
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 33,988 428,999
4300-00-000 UTILITY EXPENSES
4310-00-000 Water 6,219 35,188
4320-00-000 Electricity 2,736 58,721
4330-00-000 Gas 1,455 28,096
4340-00-000 Garbage/Trash Removal 7,873 65,636
4390-00-000 Sewer 11,538 60,205
4399-00-000 TOTAL UTILITY EXPENSES 29,820 247,847
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
4400-99-000 General Maint Expense
4410-00-000 Maintenance Salaries 7,543 136,987
4410-05-000 Employee Benefit Contribution-Maint.2,414 48,274
4419-00-000 Total General Maint Expense 9,957 185,261
4420-00-000 Materials
4420-01-000 Maintenance Materials 1,221 32,454
4420-02-000 Supplies-Appliance 1,362 10,826
4429-00-000 Total Materials 2,583 43,280
4430-00-000 Contract Costs
4430-06-000 Contract-Electrical 234 16,478
4430-07-000 Contract-Pest Control 3,942 16,166
4430-09-000 Contract-Grounds 434 9,802
4430-10-000 Contract-Janitorial/Cleaning 0 33,800
4430-11-000 Contract-Plumbing 0 24,984
4430-13-000 Contract-HVAC 455 7,990
4430-17-000 Contract-Elevator Monitoring 576 5,629
4430-18-000 Contract-Snow Removal Contract Cost 0 2,400
4430-19-000 Unit Turnaround Contract Cost 1,350 17,608
4430-99-000 Contract Costs-Other 9,245 28,626
Page 2 of 3
㐰
Period to Date Year to Date
Low Income Public Housing (.ph)
Income Statement
Period = Nov 2025
Book = Accrual
4439-00-000 Total Contract Costs 16,235 163,483
4499-00-000 TOTAL MAINTENANCE AND OPERATIONAL EXPENSES 28,775 392,023
4500-00-000 GENERAL EXPENSES
4510-00-000 Insurance 958 5,836
4510-10-000 Property Insurance 3,235 35,587
4510-20-000 Liability Insurance 277 3,048
4520-00-000 Payments in Lieu of Taxes 2,592 33,092
4570-00-000 Bad Debt-Tenant Rents 0 -237
4590-00-000 Other General Expense 7,610 20,301
4599-00-000 TOTAL GENERAL EXPENSES 14,672 97,627
4700-00-000 HOUSING ASSISTANCE PAYMENTS
4715-01-000 Tenant Utility Payments-Voucher 0 292
4715-01-001 Tenant Utility Payments-Public Housing 338 1,539
4715-06-000 FSS Escrow Payments 169 16,141
4799-00-000 TOTAL HOUSING ASSISTANCE PAYMENTS 507 17,972
5000-00-000 NON-OPERATING ITEMS
5100-01-000 Depreciation -Buildings 26,832 295,150
5999-00-000 TOTAL NON-OPERATING ITEMS 26,832 295,150
8000-00-000 TOTAL EXPENSES 134,595 1,479,617
9000-00-000 NET INCOME -23,058 -206,567
Page 3 of 3
㐱
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1110-00-000 Unrestricted Cash
1111-10-000 Cash Operating 1 759,121
1111-90-000 Petty Cash 100
1111-99-000 Total Unrestricted Cash 759,221
1112-00-000 Restricted Cash
1112-02-000 Cash Restricted-FSS Escrow 38,970
1112-99-000 Total Restricted Cash 38,970
1119-00-000 TOTAL CASH 798,191
1120-00-000 ACCOUNTS AND NOTES RECEIVABLE
1122-00-000 A/R -Tenants 36,822
1122-01-000 Allowance for Doubtful Accounts-Tenants -7,996
1122-02-000 A/R - Tenant Payment Agreement (TPA)15,505
1149-00-000 TOTAL ACCOUNTS AND NOTES RECEIVABLE 44,330
1160-00-000 OTHER CURRENT ASSETS
1162-00-000 Investments-Unrestricted 341,232
1211-00-000 Prepaid Expenses and Other Assets 8,393
1299-00-000 TOTAL OTHER CURRENT ASSETS 349,626
1300-00-000 TOTAL CURRENT ASSETS 1,192,147
1400-00-000 NONCURRENT ASSETS:
1400-01-000 FIXED ASSETS
1400-05-000 Land 655,352
1400-06-000 Buildings 3,629,598
1400-08-000 Furniture and Equipment-Admin.93,328
1400-09-000 Leasehold Improvements 655,765
1400-10-000 Site Improvement 10,568,746
1405-01-000 Accum Depreciation-Buildings -13,224,378
1410-00-000 SBITA Asset 32,684
1420-00-000 TOTAL FIXED ASSETS 2,411,095
1499-00-000 TOTAL NONCURRENT ASSETS 2,411,095
1999-00-000 TOTAL ASSETS 3,603,241
2000-00-000 LIABILITIES & EQUITY
Low Income Public Housing (.ph)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 2
㐲
Current Balance
Low Income Public Housing (.ph)
Balance Sheet
Period = Nov 2025
Book = Accrual
2001-00-000 LIABILITIES:
2100-00-000 CURRENT LIABLITIES:
2111-00-000 A/P Vendors and Contractors 458
2114-00-000 Tenant Security Deposits 43,895
2114-02-000 Security Deposit Clearing Account 374
2135-00-000 Accrued Payroll & Payroll Taxes 102,911
2137-00-000 Accrued PILOT 33,092
2145-00-000 Interprogram-Due To -659
2240-00-000 Tenant Prepaid Rents 19,479
2260-00-000 Accrued Compensated Absences-Current 65,863
2299-00-000 TOTAL CURRENT LIABILITIES 265,412
2300-00-000 NONCURRENT LIABILITIES:
2305-00-000 Accrued Compensated Absences-LT 10,484
2307-00-000 FSS Escrow 38,970
2310-00-000 Notes Payable - LT 255,002
2360-00-000 SBITA Liability 30,184
2399-00-000 TOTAL NONCURRENT LIABILITIES 334,640
2499-00-000 TOTAL LIABILITIES 600,053
2800-00-000 EQUITY
2809-00-000 RETAINED EARNINGS:
2809-01-000 Invested in Capital Assets-Net of Debt 2,391,727
2809-02-000 Retained Earnings-Unrestricted Net Assets 611,462
2809-99-000 TOTAL RETAINED EARNINGS:3,003,189
2899-00-000 TOTAL EQUITY 3,003,189
2999-00-000 TOTAL LIABILITIES AND EQUITY 3,603,241
Page 2 of 2
㐳
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3120-00-000 Other Tenant Income
3121-01-000 Tenant Payment Agreement (TPA) Fraud -87 -3,123
3121-02-000 Tenant Payment Agreement (TPA) Other 0 1,648
3129-00-000 Total Other Tenant Income -87 -1,475
3199-00-000 TOTAL TENANT INCOME -87 -1,475
3400-00-000 GRANT INCOME
3410-01-000 Section 8 HAP Earned 385,522 3,986,124
3410-02-000 Section 8 Admin. Fee Income 39,434 461,629
3410-04-000 Port-In Admin Fees Earned 1,723 17,530
3410-06-000 Port In HAP Earned 27,171 257,873
3499-00-000 TOTAL GRANT INCOME 453,850 4,723,156
3600-00-000 OTHER INCOME
3610-00-000 Investment Income - Unrestricted 207 2,428
3640-00-000 Fraud Recovery 87 7,911
3699-00-000 TOTAL OTHER INCOME 294 10,339
3999-00-000 TOTAL INCOME 454,057 4,732,020
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4100-99-000 Administrative Salaries
4110-00-000 Administrative Salaries 12,545 166,306
4110-04-000 Employee Benefit Contribution-Admin 5,026 59,460
4110-99-000 Total Administrative Salaries 17,571 225,766
4130-00-000 Legal Expense
4130-04-000 General Legal Expense 0 204
4131-00-000 Total Legal Expense 0 204
4139-00-000 Other Admin Expenses
4140-00-000 Staff Training 253 9,101
4150-00-000 Travel 17 17
4170-00-000 Accounting Fees 1,110 7,878
4171-00-000 Auditing Fees 0 17,950
4172-00-000 Port Out Admin Fee Paid 7,413 60,854
4180-00-000 Office Rent 0 5,625
4189-00-000 Total Other Admin Expenses 8,793 101,424
4190-00-000 Miscellaneous Admin Expenses
HCV not including MS5 (.hcv-fin)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 2
㐴
Period to Date Year to Date
HCV not including MS5 (.hcv-fin)
Income Statement
Period = Nov 2025
Book = Accrual
4190-01-000 Membership and Fees 0 263
4190-04-000 Office Supplies 0 266
4190-07-000 Telephone 0 3,462
4190-12-000 Software 0 16,183
4190-22-000 Other Misc Admin Expenses 1,547 17,828
4191-00-000 Total Miscellaneous Admin Expenses 19,118 263,766
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 27,911 365,395
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
4430-00-000 Contract Costs
4430-99-000 Contract Costs-Other 790 1,690
4439-00-000 Total Contract Costs 790 1,690
4499-00-000 TOTAL MAINTENANCE AND OPERATIONAL EXPENSES 790 1,690
4700-00-000 HOUSING ASSISTANCE PAYMENTS
4715-00-000 Housing Assistance Payments 313,155 3,379,112
4715-01-000 Tenant Utility Payments-Voucher 886 10,737
4715-02-000 Port Out HAP Payments 127,078 905,133
4715-04-000 Port-Out Other Expense 0 73
4715-06-000 FSS Escrow Payments 3,720 29,615
4799-00-000 TOTAL HOUSING ASSISTANCE PAYMENTS 444,839 4,324,670
8000-00-000 TOTAL EXPENSES 473,540 4,691,755
9000-00-000 NET INCOME -19,484 40,265
Page 2 of 2
㐵
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1110-00-000 Unrestricted Cash
1111-10-000 Cash Operating 1 437,900
1111-99-000 Total Unrestricted Cash 437,900
1112-00-000 Restricted Cash
1112-02-000 Cash Restricted-FSS Escrow 70,789
1112-03-000 Cash Restricted-HAP -77,690
1112-99-000 Total Restricted Cash -6,901
1119-00-000 TOTAL CASH 430,999
1120-00-000 ACCOUNTS AND NOTES RECEIVABLE
1122-00-000 A/R -Tenants 3,853
1122-02-000 A/R - Tenant Payment Agreement (TPA)773
1130-00-000 A/R Port Ins 30,767
1131-00-000 A/R Port In Suspense 121
1149-00-000 TOTAL ACCOUNTS AND NOTES RECEIVABLE 35,514
1160-00-000 OTHER CURRENT ASSETS
1162-00-000 Investments-Unrestricted 65,212
1299-00-000 TOTAL OTHER CURRENT ASSETS 65,212
1300-00-000 TOTAL CURRENT ASSETS 531,725
1400-00-000 NONCURRENT ASSETS:
1400-01-000 FIXED ASSETS
1410-00-000 SBITA Asset 94,841
1410-01-000 Accumulated Amortization -18,968
1420-00-000 TOTAL FIXED ASSETS 75,873
1499-00-000 TOTAL NONCURRENT ASSETS 75,873
1999-00-000 TOTAL ASSETS 607,598
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2100-00-000 CURRENT LIABLITIES:
2111-00-000 A/P Vendors and Contractors -4,311
2135-00-000 Accrued Payroll & Payroll Taxes 43,146
2240-00-000 Tenant Prepaid Rents 126
HCV not including MS5 (.hcv-fin)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 2
㐶
Current Balance
HCV not including MS5 (.hcv-fin)
Balance Sheet
Period = Nov 2025
Book = Accrual
2260-00-000 Accrued Compensated Absences-Current 9,216
2299-00-000 TOTAL CURRENT LIABILITIES 48,177
2300-00-000 NONCURRENT LIABILITIES:
2305-00-000 Accrued Compensated Absences-LT 1,467
2307-00-000 FSS Escrow 70,789
2360-00-000 SBITA Liability 70,069
2399-00-000 TOTAL NONCURRENT LIABILITIES 142,325
2499-00-000 TOTAL LIABILITIES 190,502
2800-00-000 EQUITY
2807-00-000 RESERVED FUND BALANCE
2807-02-000 Reserved for Capital Activities -77,690
2808-00-000 TOTAL RESERVED FUND BALANCE -77,690
2809-00-000 RETAINED EARNINGS:
2809-02-000 Retained Earnings-Unrestricted Net Assets 494,786
2809-99-000 TOTAL RETAINED EARNINGS:494,786
2899-00-000 TOTAL EQUITY 417,096
2999-00-000 TOTAL LIABILITIES AND EQUITY 607,598
Page 2 of 2
㐷
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3400-00-000 GRANT INCOME
3410-01-000 Section 8 HAP Earned 18,973 226,323
3410-02-000 Section 8 Admin. Fee Income 2,228 21,399
3499-00-000 TOTAL GRANT INCOME 21,201 247,722
3999-00-000 TOTAL INCOME 21,201 247,722
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4100-99-000 Administrative Salaries
4110-00-000 Administrative Salaries 1,256 8,469
4110-04-000 Employee Benefit Contribution-Admin 492 3,325
4110-99-000 Total Administrative Salaries 1,748 11,795
4139-00-000 Other Admin Expenses
4172-00-000 Port Out Admin Fee Paid 370 5,386
4189-00-000 Total Other Admin Expenses 370 5,386
4190-00-000 Miscellaneous Admin Expenses
4190-12-000 Software 0 1,113
4190-22-000 Other Misc Admin Expenses 0 32
4191-00-000 Total Miscellaneous Admin Expenses 1,748 12,939
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 2,118 18,325
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
4700-00-000 HOUSING ASSISTANCE PAYMENTS
4715-00-000 Housing Assistance Payments 14,234 158,757
4715-01-000 Tenant Utility Payments-Voucher 0 2
4715-02-000 Port Out HAP Payments 4,437 73,621
4799-00-000 TOTAL HOUSING ASSISTANCE PAYMENTS 18,671 232,380
8000-00-000 TOTAL EXPENSES 20,789 250,705
9000-00-000 NET INCOME 412 -2,983
Mainstream 5 (ms5)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 1
㐸
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1110-00-000 Unrestricted Cash
1111-10-000 Cash Operating 1 18,698
1111-99-000 Total Unrestricted Cash 18,698
1112-00-000 Restricted Cash
1112-03-000 Cash Restricted-HAP -6,057
1112-99-000 Total Restricted Cash -6,057
1119-00-000 TOTAL CASH 12,641
1300-00-000 TOTAL CURRENT ASSETS 12,641
1400-00-000 NONCURRENT ASSETS:
1999-00-000 TOTAL ASSETS 12,641
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2100-00-000 CURRENT LIABLITIES:
2135-00-000 Accrued Payroll & Payroll Taxes 4,384
2299-00-000 TOTAL CURRENT LIABILITIES 4,384
2499-00-000 TOTAL LIABILITIES 4,384
2800-00-000 EQUITY
2807-00-000 RESERVED FUND BALANCE
2807-02-000 Reserved for Capital Activities -6,057
2808-00-000 TOTAL RESERVED FUND BALANCE -6,057
2809-00-000 RETAINED EARNINGS:
2809-02-000 Retained Earnings-Unrestricted Net Assets 14,314
2809-99-000 TOTAL RETAINED EARNINGS:14,314
2899-00-000 TOTAL EQUITY 8,257
2999-00-000 TOTAL LIABILITIES AND EQUITY 12,641
Mainstream 5 (ms5)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 1
㐹
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3400-00-000 GRANT INCOME
3428-00-000 FSS Income 5,245 52,448
3499-00-000 TOTAL GRANT INCOME 5,245 52,448
3999-00-000 TOTAL INCOME 5,245 52,448
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4190-00-000 Miscellaneous Admin Expenses
4190-23-000 Sundry Exp - STEP 5,245 52,448
4191-00-000 Total Miscellaneous Admin Expenses 5,245 52,448
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 5,245 52,448
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
8000-00-000 TOTAL EXPENSES 5,245 52,448
9000-00-000 NET INCOME 0 0
(fssgrant)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 1
㔰
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1400-00-000 NONCURRENT ASSETS:
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2800-00-000 EQUITY
(fssgrant)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 1
㔱
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3400-00-000 GRANT INCOME
3427-00-000 ROSS Revenue 7,562 70,917
3499-00-000 TOTAL GRANT INCOME 7,562 70,917
3999-00-000 TOTAL INCOME 7,562 70,917
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4190-00-000 Miscellaneous Admin Expenses
4190-22-000 Other Misc Admin Expenses 260 4,403
4191-00-000 Total Miscellaneous Admin Expenses 260 4,403
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 260 4,403
4200-00-000 TENANT SERVICES
4210-02-000 Project Coordinator 7,303 66,514
4299-00-000 TOTAL TENANT SERVICES EXPENSES 7,303 66,514
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
8000-00-000 TOTAL EXPENSES 7,562 70,917
9000-00-000 NET INCOME 0 0
(rosssvc)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 1
㔲
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1400-00-000 NONCURRENT ASSETS:
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2800-00-000 EQUITY
(rosssvc)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 1
㔳
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3120-00-000 Other Tenant Income
3121-01-000 Tenant Payment Agreement (TPA) Fraud 972 972
3129-00-000 Total Other Tenant Income 972 972
3199-00-000 TOTAL TENANT INCOME 972 972
3400-00-000 GRANT INCOME
3422-00-000 Hennepin County Rev 44,213 485,540
3423-00-000 Hennepin County Admin Rev 3,970 45,959
3499-00-000 TOTAL GRANT INCOME 48,183 531,499
3999-00-000 TOTAL INCOME 49,155 532,471
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4100-99-000 Administrative Salaries
4110-00-000 Administrative Salaries 2,341 30,323
4110-04-000 Employee Benefit Contribution-Admin 943 11,400
4110-99-000 Total Administrative Salaries 3,284 41,723
4130-00-000 Legal Expense
4130-04-000 General Legal Expense 0 222
4131-00-000 Total Legal Expense 0 222
4139-00-000 Other Admin Expenses
4140-00-000 Staff Training 0 46
4170-00-000 Accounting Fees 320 1,915
4189-00-000 Total Other Admin Expenses 320 1,961
4190-00-000 Miscellaneous Admin Expenses
4190-12-000 Software 0 2,000
4190-22-000 Other Misc Admin Expenses 0 288
4191-00-000 Total Miscellaneous Admin Expenses 3,284 44,011
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 3,604 46,194
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
4700-00-000 HOUSING ASSISTANCE PAYMENTS
4715-00-000 Housing Assistance Payments 43,419 484,287
4799-00-000 TOTAL HOUSING ASSISTANCE PAYMENTS 43,419 484,287
8000-00-000 TOTAL EXPENSES 47,023 530,481
Stable Home (stablehm)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 2
㔴
Period to Date Year to Date
Stable Home (stablehm)
Income Statement
Period = Nov 2025
Book = Accrual
9000-00-000 NET INCOME 2,132 1,989
Page 2 of 2
㔵
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1110-00-000 Unrestricted Cash
1111-10-000 Cash Operating 1 53,654
1111-99-000 Total Unrestricted Cash 53,654
1119-00-000 TOTAL CASH 53,654
1120-00-000 ACCOUNTS AND NOTES RECEIVABLE
1122-02-000 A/R - Tenant Payment Agreement (TPA)3,464
1129-00-000 A/R -Other 112,560
1149-00-000 TOTAL ACCOUNTS AND NOTES RECEIVABLE 116,024
1300-00-000 TOTAL CURRENT ASSETS 169,679
1400-00-000 NONCURRENT ASSETS:
1400-01-000 FIXED ASSETS
1410-00-000 SBITA Asset 5,836
1410-01-000 Accumulated Amortization -1,167
1420-00-000 TOTAL FIXED ASSETS 4,669
1499-00-000 TOTAL NONCURRENT ASSETS 4,669
1999-00-000 TOTAL ASSETS 174,348
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2100-00-000 CURRENT LIABLITIES:
2111-00-000 A/P Vendors and Contractors -805
2135-00-000 Accrued Payroll & Payroll Taxes 8,337
2145-00-000 Interprogram-Due To 134,357
2260-00-000 Accrued Compensated Absences-Current 1,524
2299-00-000 TOTAL CURRENT LIABILITIES 143,413
2300-00-000 NONCURRENT LIABILITIES:
2305-00-000 Accrued Compensated Absences-LT 243
2360-00-000 SBITA Liability 4,312
2399-00-000 TOTAL NONCURRENT LIABILITIES 4,555
2499-00-000 TOTAL LIABILITIES 147,968
Stable Home (stablehm)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 2
㔶
Current Balance
Stable Home (stablehm)
Balance Sheet
Period = Nov 2025
Book = Accrual
2800-00-000 EQUITY
2809-00-000 RETAINED EARNINGS:
2809-02-000 Retained Earnings-Unrestricted Net Assets 26,380
2809-99-000 TOTAL RETAINED EARNINGS:26,380
2899-00-000 TOTAL EQUITY 26,380
2999-00-000 TOTAL LIABILITIES AND EQUITY 174,348
Page 2 of 2
㔷
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3101-00-000 Rental Income
3112-00-000 50059 HAP Subsidy 19,439 205,024
3119-00-000 Total Rental Income 19,439 205,024
3199-00-000 TOTAL TENANT INCOME 19,439 205,024
3400-00-000 GRANT INCOME
3425-00-000 Admin Fee Revenue 1,705 18,250
3426-00-000 Admin Fee Revenue- to STEP 1,550 16,580
3499-00-000 TOTAL GRANT INCOME 3,255 34,830
3999-00-000 TOTAL INCOME 22,694 239,854
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4100-99-000 Administrative Salaries
4110-00-000 Administrative Salaries 849 10,803
4110-04-000 Employee Benefit Contribution-Admin 341 4,098
4110-99-000 Total Administrative Salaries 1,190 14,901
4139-00-000 Other Admin Expenses
4140-00-000 Staff Training 0 46
4170-00-000 Accounting Fees 320 1,915
4189-00-000 Total Other Admin Expenses 320 1,961
4190-00-000 Miscellaneous Admin Expenses
4190-12-000 Software 0 1,323
4190-22-000 Other Misc Admin Expenses 0 96
4190-23-000 Sundry Exp - STEP 0 13,450
4191-00-000 Total Miscellaneous Admin Expenses 1,190 29,771
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 1,510 31,732
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
4700-00-000 HOUSING ASSISTANCE PAYMENTS
4715-00-000 Housing Assistance Payments 19,439 205,024
4799-00-000 TOTAL HOUSING ASSISTANCE PAYMENTS 19,439 205,024
8000-00-000 TOTAL EXPENSES 20,949 236,756
9000-00-000 NET INCOME 1,745 3,098
Kids in the Park (kidspark)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 2
㔸
Period to Date Year to Date
Kids in the Park (kidspark)
Income Statement
Period = Nov 2025
Book = Accrual
Page 2 of 2
㔹
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1110-00-000 Unrestricted Cash
1111-10-000 Cash Operating 1 22,396
1111-99-000 Total Unrestricted Cash 22,396
1119-00-000 TOTAL CASH 22,396
1120-00-000 ACCOUNTS AND NOTES RECEIVABLE
1129-00-000 A/R -Other 43,575
1149-00-000 TOTAL ACCOUNTS AND NOTES RECEIVABLE 43,575
1300-00-000 TOTAL CURRENT ASSETS 65,971
1400-00-000 NONCURRENT ASSETS:
1400-01-000 FIXED ASSETS
1410-00-000 SBITA Asset 4,377
1410-01-000 Accumulated Amortization -875
1420-00-000 TOTAL FIXED ASSETS 3,502
1499-00-000 TOTAL NONCURRENT ASSETS 3,502
1999-00-000 TOTAL ASSETS 69,473
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2100-00-000 CURRENT LIABLITIES:
2111-00-000 A/P Vendors and Contractors 2,115
2135-00-000 Accrued Payroll & Payroll Taxes 3,016
2145-00-000 Interprogram-Due To 44,342
2260-00-000 Accrued Compensated Absences-Current 571
2299-00-000 TOTAL CURRENT LIABILITIES 50,044
2300-00-000 NONCURRENT LIABILITIES:
2305-00-000 Accrued Compensated Absences-LT 90
2360-00-000 SBITA Liability 3,234
2399-00-000 TOTAL NONCURRENT LIABILITIES 3,324
2499-00-000 TOTAL LIABILITIES 53,368
2800-00-000 EQUITY
Kids in the Park (kidspark)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 2
㘰
Current Balance
Kids in the Park (kidspark)
Balance Sheet
Period = Nov 2025
Book = Accrual
2809-00-000 RETAINED EARNINGS:
2809-02-000 Retained Earnings-Unrestricted Net Assets 16,104
2809-99-000 TOTAL RETAINED EARNINGS:16,104
2899-00-000 TOTAL EQUITY 16,104
2999-00-000 TOTAL LIABILITIES AND EQUITY 69,473
Page 2 of 2
㘱
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3600-00-000 OTHER INCOME
3610-00-000 Investment Income - Unrestricted 907 12,584
3611-00-000 Investment Income - Restricted 43 506
3699-00-000 TOTAL OTHER INCOME 950 13,089
3999-00-000 TOTAL INCOME 950 13,089
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4139-00-000 Other Admin Expenses
4170-00-000 Accounting Fees 340 1,690
4189-00-000 Total Other Admin Expenses 340 1,690
4190-00-000 Miscellaneous Admin Expenses
4190-20-000 Bank Fees 128 1,501
4191-00-000 Total Miscellaneous Admin Expenses 128 1,501
4199-00-000 TOTAL ADMINISTRATIVE EXPENSES 468 3,191
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
8000-00-000 TOTAL EXPENSES 468 3,191
9000-00-000 NET INCOME 482 9,898
General Fund Cocc - interco (cocc)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 1
㘲
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1110-00-000 Unrestricted Cash
1111-10-000 Cash Operating 1 211,969
1111-99-000 Total Unrestricted Cash 211,969
1119-00-000 TOTAL CASH 211,969
1160-00-000 OTHER CURRENT ASSETS
1162-00-000 Investments-Unrestricted 286,003
1162-10-000 Investments-Restricted 13,583
1295-00-000 Interprogram-Due From 178,040
1299-00-000 TOTAL OTHER CURRENT ASSETS 477,625
1300-00-000 TOTAL CURRENT ASSETS 689,594
1400-00-000 NONCURRENT ASSETS:
1999-00-000 TOTAL ASSETS 689,594
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2800-00-000 EQUITY
2807-00-000 RESERVED FUND BALANCE
2807-01-000 Reserved for Operating Activities 13,583
2808-00-000 TOTAL RESERVED FUND BALANCE 13,583
2809-00-000 RETAINED EARNINGS:
2809-02-000 Retained Earnings-Unrestricted Net Assets 676,011
2809-99-000 TOTAL RETAINED EARNINGS:676,011
2899-00-000 TOTAL EQUITY 689,594
2999-00-000 TOTAL LIABILITIES AND EQUITY 689,594
General Fund Cocc - interco (cocc)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 1
㘳
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3400-00-000 GRANT INCOME
3420-00-000 Capital Fund Grants 4,860 124,028
3499-00-000 TOTAL GRANT INCOME 4,860 124,028
3999-00-000 TOTAL INCOME 4,860 124,028
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
9000-00-000 NET INCOME 4,860 124,028
(cfp2024)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 1
㘴
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1400-00-000 NONCURRENT ASSETS:
1400-01-000 FIXED ASSETS
1400-10-000 Site Improvement 336,575
1420-00-000 TOTAL FIXED ASSETS 336,575
1499-00-000 TOTAL NONCURRENT ASSETS 336,575
1999-00-000 TOTAL ASSETS 336,575
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2800-00-000 EQUITY
2809-00-000 RETAINED EARNINGS:
2809-02-000 Retained Earnings-Unrestricted Net Assets 336,575
2809-99-000 TOTAL RETAINED EARNINGS:336,575
2899-00-000 TOTAL EQUITY 336,575
2999-00-000 TOTAL LIABILITIES AND EQUITY 336,575
(cfp2024)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 1
㘵
Period to Date Year to Date
2999-99-999 Revenue & Expenses
3000-00-000 INCOME
3100-00-000 TENANT INCOME
3400-00-000 GRANT INCOME
3420-00-000 Capital Fund Grants 0 29,890
3499-00-000 TOTAL GRANT INCOME 0 29,890
3999-00-000 TOTAL INCOME 0 29,890
4000-00-000 EXPENSES
4100-00-000 ADMINISTRATIVE EXPENSES
4400-00-000 MAINTENANCE AND OPERATIONAL EXPENSES
9000-00-000 NET INCOME 0 29,890
(cfp2025)
Income Statement
Period = Nov 2025
Book = Accrual
Page 1 of 1
㘶
Current Balance
0999-99-000 All
1000-00-000 ASSETS
1001-00-000 CURRENT ASSETS
1100-00-000 CASH
1400-00-000 NONCURRENT ASSETS:
2000-00-000 LIABILITIES & EQUITY
2001-00-000 LIABILITIES:
2100-00-000 CURRENT LIABLITIES:
2145-00-000 Interprogram-Due To -29,890
2299-00-000 TOTAL CURRENT LIABILITIES -29,890
2499-00-000 TOTAL LIABILITIES -29,890
2800-00-000 EQUITY
2809-00-000 RETAINED EARNINGS:
2809-02-000 Retained Earnings-Unrestricted Net Assets 29,890
2809-99-000 TOTAL RETAINED EARNINGS:29,890
2899-00-000 TOTAL EQUITY 29,890
(cfp2025)
Balance Sheet
Period = Nov 2025
Book = Accrual
Page 1 of 1
㘷
68