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Augusta Housing Authority approves operating budget with $800,000 deficit

Thursday, March 28, 2013 4:27 PM
Last updated 9:55 PM
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Reductions in federal subsidies will require the Augusta Housing Authority to operate using money from its reserves in the coming fiscal year.

On Thursday, the housing authority’s board of commissioners approved an operating budget for the fiscal year ending March 31, 2014, with a projected $800,000 deficit.

Subsidies from the U.S. Department of Housing and Urban Development were down 13 percent, compared with the current fiscal year. The housing authority took an additional 5 percent hit from sequestration, or widespread federal spending cuts that began March 1, said Jacob Oglesby, the executive director of the Augusta Housing Authority.

Because of the reductions, the operating budget does not include money to fill 12 of 13 vacant staff positions or pay salary increases or cost-of-living adjustments, Oglesby said.

The housing authority will limit replacements of equipment such as refrigerators in housing units and will hold off on replacing older vehicles in its fleet.

“We’re not going to be able to replace items as often as we would,” he said. “The basic services we provide to residents, we’re going to keep up with those.”

Last fiscal year, the housing authority used $3 million from its reserves for the operating budget. Between $6 million and $7 million remains.

“The way we expect to be funded over the next few years, we are probably going to need some of those reserves to operate,” Oglesby said.

In other news, the housing authority is nearing the completion of an environmental review required in the process to demolish Cherry Tree Crossing, a public housing project. After a public hearing and approval of a board resolution, the application for demolition is expected to be submitted to HUD in late May, Oglesby said.

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avidreader
3562
Points
avidreader 03/28/13 - 06:18 pm
1
0
Hard Times!

My wife and I are in desperate need of a new refrigerator, and we also need some plumbing fixed. However, we're holding off on these expenditures, and so can the Housing Authority. If three out of four burners on a stove are not functioning, there's still one left. Deal with it, and shut the checkbook for a while. Where there's a will, there's a way.

Little Lamb
49118
Points
Little Lamb 03/28/13 - 07:27 pm
2
0
Cut Back

If you are bleeding money, start a program to reduce the number of units you provide. Cut a few next year, then a few the year after that, then a few the year after that, etc.

nocnoc
49218
Points
nocnoc 03/28/13 - 07:32 pm
1
0
FLASH - NOCNOC

proposes the reduction of the operating budget for Augusta Housing Authority.

Stating we can save 10 to 20% by making residents clean up their own yards and garage in the coming fiscal year. Plus Forcing Augusta Housing Residents to pay for their own damages, or move out and setting a new resident requirement of NO Convicted Drug Dealers, or Felons may be house by the Augusta Housing Authority is being also considered. Additional savings of 10 to 12% by restricting housing to ONLY those listed, for 5 years at a time and no Baby Daddies.

NOC NOC went on the state more suggestions will be presented as they become relevant.

bumblebeerose
694
Points
bumblebeerose 03/29/13 - 05:38 am
0
0
How about this

Drug test people in the program. If they test positive kick them out and not let them back in.

lifelongresident
1323
Points
lifelongresident 03/29/13 - 07:42 am
0
0
dear housing authority, if
Unpublished

dear housing authority,

if you are running short of money why not make the rats/roaches, leeches, moochers, and welfare parasites pay rent or increase the amount they pay..why not charge each NON-ELDERLY welfare parasite 300 e/m minimum...drive by any "gubment housing project" and see all the nice cars or expensive rims...its time those who are abled-bodied start pulling their weight

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