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Form#:A-102 COUNTY OF HAWAI`I <br /> Revised:07/01 <br /> REQUEST TO TRANSFER FUNDS <br /> DEPARTMENT: Office of Housing& Comm Dev DIVISION: Administration <br /> CONTACT: Sharon Espejo PHONE: 961-5970 DATE: 06 118 124 <br /> FISCAL PERIOD: July 1, 20 23 to June 30, 20 24 <br /> FROM: ACCOUNT NUMBER ACCOUNT TITLE AMOUNT <br /> 152.461.5466.00.454 Office of Hsg Eqp,Computer Eqpt $ 180,000.00 <br /> .,•i <br /> TOTAL: $ 180,000.00 <br /> TO: ACCOUNT-NUMBER ACCOUNT TITLE AMOUNT <br /> 12.461. 66.02.1?15 Office of Hsg, Misc. Contract $ 180,000.00 <br /> �_. TOTAL: $ 180,000.00 <br /> EXPLANATION (Provide complete explanation): u � <br /> The request to transfer funds is needed to cover additional expenditures for the Landlord Incentive Program, <br /> which include reimbursements for short-term vacancies and minor unit repairs,signing bonuses,application fees, <br /> and other leasing incentives. Additional funds will also be used to pay for Section 8 contracted inspections to <br /> enforce 1-IUD Quality Standards(HQS) in rental leases for participants of the Housing Choice Voucher program. <br /> The increase in lease-ups for this program resulted in more inspections required to house low-income families <br /> and receive federal rent subsidies. <br /> Funds are available in Computer Eqpt because the budgeted expenditures for the New Timekeeping Software <br /> and Accounting Sofware Upgrade will not materialize by end of June 30,2024. <br /> SUBMITTED BY: DATE: 6 //4 / <br /> epart ent Head <br /> ACTION: Recommend Approval —Recommend Deferral _Recommend Denial <br /> igned: - DATE: /UN 1/ 9 2024 <br /> fS <br /> ector of Finance <br /> Approved Deferred Denied <br /> Signed: 0- -O DATE: tj / ZH / Zo ZL <br /> co( <br /> o Mayor <br /> Transfer No. l7 \ <br /> • R <br />