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FULL PACKET_2015-12-15
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FULL PACKET_2015-12-15
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12/16/2015 9:16:55 AM
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12/16/2015 9:15:20 AM
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City Clerk
Doc Type
Agenda Packet
Date
12/9/2015
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HOUSING AUTHORITY OF THE CITY OF SANTA ANA – FY 2014/15 Page 8 <br /> <br />Fund Balance – June 30, 2015 $19,376,178 <br /> <br />Less Unavailable Amounts: <br /> Advance to private-purpose trust fund ( 4,751,291) <br /> Community development ( 8,359,809) <br /> Land held for resale ( 6,265,078) <br /> <br /> Available Low Income Housing Funds - <br /> <br />Limitation (Greater of $1,000,000 or Four Years Deposits): <br /> Aggregate amounts deposited for preceding four fiscal years <br /> 2011 – 2012 58,870,637 <br /> 2012 – 2013 506,303 <br /> 2013 – 2014 1,496,182 <br /> 2014 – 2015 2,329,877 <br /> <br /> Total deposits for the preceding four fiscal years 63,202,999 <br /> <br /> Base limitation 1,000,000 <br /> <br /> Greater Amount 63,202,999 <br /> <br />Computed Excess Surplus – June 30, 2015 $ - <br /> <br />6-10
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