7/16/1980 - Laserfiche WebLink

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1 BOOK 44 PAGE ' ' 86 DISCUSSION FOLLOWED ABOUT THE LEASES THAT HAVE BEEN SIGNED, WHICH TOTAL 601 AS OF THIS DATE, ALSO, THE AUDIT FOR SECTION 8 WAS DISCUSSED. FINANCE OFFICER BARTON FELT THAT THE $1,200 MR. REGAN SUGGESTED AS A LINE ITEM FOR THE AUDIT WAS PROBABLY LOW. HE CONTINUED THAT WHEN YOU CONSIDER THE AMOUNT OF EXPENDITURES OUT OF THIS FUND AND THE DETAILS THE AUDITORS WILL BE SEARCHING FOR, HE FELT $2,500 TO $3,000 WOULD BE NEEDED TO COVER THE'AUDIT. COMMISSIONER LOY THOUGHT THAT ONCE THE AUDITORS GET THROUGH THE FIRST AUDIT AND MAKE SOME RECOMMENDATIONS, IT WOULD BE EASIER AFTER THAT, AND MR. BARTON AGREED. MR. REGAN PROPOSED THAT THE BOARD APPROVE THE SIGNATURE OF THE CHAIRMAN, FILL IN LINE S FOR THE AMOUNT OF $2,500, AND ADJUST THE OTHER FIGURES ACCORDINGLY. HE ADVISED THAT THE COUNTY HAS THE RIGHT TO ENTER INTO AGREEMENTS UP TO $225,000; WE HAVE A CONTRACT WITH THE FEDERAL GOVERNMENT BUT MUST MEET THEIR CRITERIA. MR. REGAN STATED THEY HAVE HANDLED 265 APPLICATIONS AND HAVE LEASES FOR 60. COMMISSIONER LYONS WONDERED IF WE HAVE A HOLD ON THIS AMOUNT OF MONEY THAT WE ARE GOING TO USE, BECAUSE HE DIDNIT WANT THE COUNTY TO BE A PARTY TO CONTINUE REQUESTING FROM THE GOVERNMENT IN EXCESS OF WHAT WE ARE GOING TO USE. HE THEN INQUIRED IF WE ARE HOLDING FUNDS FOR WHICH WE DON T HAVE A NEED. MR. REGAN RESPONDED THAT HUD GAVE US A COMMITMENT THAT IF WE COULD PERFORM, THE COUNTY COULD HAVE $225,000 FOR THIS FISCAL YEAR, AND WHAT FUNDS WE DIDNIT USE HAVE GONE TO OTHER PLACES. HE STATED THAT THEY HAVE SPENT APPROXIMATELY $70,000 THIS YEAR AND ESTIMATED THAT THEY HAVE $250,000 ON HAND. CHAIRMAN SIEBERT FELT THIS WAS A BAD ACCOUNTING SYSTEM, BUT MR. REGAN STATED HE WENT ACCORDING TO THE MANUAL. CHAIRMAN SIEBERT NOTED THAT THE COUNTY SPENDS A LOT OF MONEY TO PLACE 60 FAMILIES. COMMISSIONER Loy WAS DELIGHTED TO SEE THE INCREASE IN THE NUMBER OF ACTIVE APPLICANTS FOR THE SECTION 8 PROGRAM. w 3W