HomeMy WebLinkAboutResolution - 2018-R0190 - PILOT - 06/14/2018Resolution No. 2018-RO190
Item No. 6.9
June 14, 2018
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council of the City of Lubbock hereby adopts the recommendation of the
Lubbock Housing Authority of the City of Lubbock (LHA) to waive the Payment in Lieu of
Taxes (PILOT) for FY 2017-18. Said LHA PILOT Waiver Recommendation is attached hereto
and incorporated into this resolution as if fully set forth herein and shall be included in the
minutes of the City Council.
Passed by the City Council on June 14, 2018
Ljl"�
DANIEL M. POPE, MAYOR
ATTEST:
Reb cca Garza, City Secr to
APPROVED AS TO CONTENT:
Bill Howertorf. Assistant
APPROVED AS TO FORM:
1+
Ju 1n Pruitt, ssista& City Attorney
ccdocs/RES. Adoption — Lubbock Housing Authority Recommendation — LHA PILOT Waiver FY 2017-I 8
May 23, 2018
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p'N HOUSING AUTHORITY OF THE CITY OF LUBBOCK
�Ai GS pQ' J� P.O. BOX 2568 LUBBOCK, TEXAS 79401 MAIN OFFICE 806.762.1191 FAX 762.0836
April 17, 2018
Bill Howerton
Assistant City Manager
City of Lubbock
PO Box 2000
Lubbock, TX 79457
Re. PWOT
Historically, the Lubbock Housing Authority has requested that the City of Lubbock waive the Payment in
Lieu of Taxes (PILOT) calculated based on our rental income. Some years ago, the City Council requested
documentation of the Housing Authority's capital improvement expenditures to show that the Lubbock
Housing Authority was actively maintaining Lubbock's Public Housing units. Our PILOT documentation,
form HUD-52267 is attached and the numbers are from our FY 2016 audit for the year ending on
September 30, 2016.
The Lubbock Housing Authority (LHA) receives a formula grant on an annual basis for capital
improvements. This grant is referred to as the Capital Fund Program or CFP. This grant amount varies
from year to year depending on HUD's budget.
Total Capital Improvement Grant spending for LHA's Public Housing in the past year has been $680,022.
Once again, the Housing Authority of the City of Lubbock would request that the City Council waive our
payment of the PILOT.
Sincerely,
Mike Chapman
Executive Director
Computation of Payments
in Lieu of Taxes
U.S. Department of Housing and Urban Development
Office of Public and Indian housing
For Fiscal Year Ended 2016 OMB Approval No. 2577-0026 (Exp. 10/31/2009)
Public reporting burden for the collection of Information is estimated to average .4 hours. This Includes the time for collecting, reviewing, and reporting the data. The
information will be used for HUD to ascertain compliance with requirements of Section 6(D) of the U.S. Housing Act, which provides for PHA exemptions from real and
personal property taxes, and inclusion In the formula data used to determine public housing operating subsidies. Response to this request for Information Is required In
order to receive the benefits to be derived. This agency may not collect this Information, and you are not required to complete this form unless it displays a currently
valid OMB control number.
Name of Local Agency:
Location:
Contract Number:
Project Number:
Lubbock Housing Authority
Lubbock, TX
N/A
All
Part I - Computation of Shelter Rent Charged.
1. Tenant Rental Revenue (FDS Line 703) ; 623,754.00
2. Tenant Revenue Other (FDS Line 704) 38,266.00,
3. Total Rental Charged (Lines 1 & 2)
$ 662,020.00
4. Utilities Expense (FDS Une 931 - 939)
-169,402.00
S. Shelter Rent Charged (Line 3 minus Une 4)
499�61 B4OQ
Part II - Computation of Shelter Rent Collected. To be completed only If Cooperation Agreement provides for payment of PILOT on basis of Shelter Rent Collected.)
S. SkeStes 4terR C4.asved JL,W* 5'ZA 9 awm I, above)
492.618.00
2. Add: Accounts Receivable - Tenants (FDS Lines 126, 126.1, & 126.2) at beginning of fiscal year
31,836.00
3. Less: Tenant Bad Debt Expense (FDS Une 964)
-20,355.00
4. Less: Accounts Receivable - Tenants (FDS Lines 126, 126.1, & 126.2) at end of fiscal year
-46,291.00
S. Shelter Rent Collected (Une 1 plus Line 2 minus Lines 3 & 4)
455,808.00
Part III - Computation of Approximate Full Real Property Taxes.
(1) Taxing Districts
(2) Assessable Value
(3) Tax Rate
(4) Approximate Full Real Property Taxes
Total
0.00
Part IV - Limitation Based on Annual Contribution. (To be completed if Cooperation Agreement limits PILOT to an amount by which real property taxes exceed 20%
of annual contribution.)
1. Approximate full real property taxes
g
2. Accruing annual contribution for all projects under the contract
$
3. Prorata share of accruing annual contribution-
4. 20% of accruing annual contribution (20% of Une 3)
5. Approximate full real property taxes less 20% of accruing annual
contribution (Line 1 minus Line 4, If Line 4 exceeds Une 1, enter zero)
g
Part V - Payments In Lieu of Taxes.
1. 10% of shelter rent (10% of Line 6 of Part I or 109/o of Line 5 of Part H,
whichever is applicable)"
g 45,580.80
2. Payments In Lieu of Taxes (If Part IV Is not applicable, enter the amount
shown on Une 1, above, or the total In Part III, whichever Is the lower. If
g
Part IV is applicable, enter the amount shown on Line 1, above, or the
amount shown on Une 5 of Part IV, whichever Is lower,)
• Same as Une 2 If the statement Includes all projects under the Annual Contributions Contract. If this statement does not include all projects under the Annual
Contributions Contract, enter prorata share based upon the development cost of each project,
— If the percentage specified In the Cooperation Agreement or the Annual Contributions Contract with HUD is lower, such lower percentage shall be used.
Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties (18 U.S.C. 1001, 1010, 1012: 31 U.S.C. 3729, 3802).
Prepared By: Kris Schroeder approved By: Mike Chapman
Name: Name:
Title: Finance Director Date: Title: Executive Director
Date:
Previous Editions are Obsolete Page 1 of 1 form HUD-52267 (8/2005)
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