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Operating Budget for Housing Choice Voucher Program
January 1, 2026 - December 31, 2026
Housing Assistance Payment Subsidy (Revenue)
Housing Choice Voucher $ 28,432,110 99.5% proration factor
Mainstream Voucher 1,288,558 100% proration factor
Emergency Housing Voucher 339,487 100% preration factor
Total Revenue : $ 30,060,155
i
Housing Assistance Payments to Landlords (Expense) 31,872,107 (24834 units * $915.05 PUM)
Budgeted Use of HUD Held Reserves $ (1,811,952)
Section 8 Administrative Fees (91.1% proration of Eligibility Fee of $3,250,360) $ 2,960,498
HCV FSS Program 201,852
Port-In Administrative Fee 5,000
Interest Income 18,000
Total Revenue $ 3,185,350
Administrative Salaries $ 918,224
Administrative Benefits 395,419
FSS Program Salaries & Benefits 209,377
Management Fee (COCC) 679,208
Advertising 16,000
Legal 28,000
Staff Training 10,000
Terminal Leave 7,346
Port-Out Administrative Fee 5,000
Audit Casts 42,350
Office Expense (Rent, Supplies, Contracts, etc) 324,703
Total Administrative $ 2,635,627
Utilities -
Maintenance 12,300
Insurance 30,135
Other 1,400
Total General Expenses $ 43,835
Total Operating Expenses $ 2,679,462
A
Net Cash Flow 505,889
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