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HomeMy WebLinkAboutResolution - 2023-R0576 - Waiver Of Payment In Lieu Of Taxes (PILOT) For FY 2022 - 12/05/2023Resolution No. 2023-R0576 Item No. 5.13 December 5, 2023 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 (LHA) of the City of Lubbock to grant waiver of the Payment in Lieu of Taxes (PILOT) for FY 2022. 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 December 5, 2023 TRAY YNE, MAYOR ATTEST: Courtney Paz, City Se retary APPROVED AS TO CONTENT: ����i� Karen Murfee, Director of Community evelopment APPROVED AS TO FORM: � Amy ims, De Cit ey RES. Adoption —LHA PILOT Waiver FY 2022 � j � Resolution No. 2023-R0576 B 6 O ��/ vJ c�- i��� �, ,� HOUSING AUTHORITY OF THE CITY OF LUBBOCK ��` G ����708 Crickets Ave Lubbock, Texas 79401 Main Office 806•762•1191 �1 �\\G�A� �,O I �� � October 31, 2023 Karen Murfee Community Development Director City of lubbock PO Box 2000 Lubbock, TX 79457 Re: PILOT Karen, 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 2022 audit for the year ending on September 30, 2022. 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 $902,538 for 2022. Once again, the Housing Authority of the City of Lubbock would request that the City Council waive our payment of the PILOT for FY 2022. Sincerely, �%�� - Mike Chapman Executive Director Computation of Payments U.S. Department of Housing and Urban Development in Lieu of Taxes Office of Public and Indian Housing For Fiscal Year Ended 2�22 OMB Approval No. 2577-0026 (Exp. 10/31/2009) Public reportinp burden for the collection of informatlon is estimated to averaqe .4 hours. This includes the tlme for collectinq, revlewinq, and reportinp the data. The Information wlll be used for HUO to ascertain compllance with requlrements of Sectlon 6(D) of the U.S. Mousinq Act, which provides for PHA exemptlons hom real and personal property taxes, and Induslon in the formula data used to determine publlc housing operatinp subsidies. Response to this request for Infortnation Is requlred in order to recelve the benefits to be deNved. This aqency may not collecc this Infortnation, and you are not requlred to complete this form unless It displays a currently valid OMB control number. Neme oi Lor�l Apency: Loeatlon: Contrad Number: Pro)eet Humber: Lubbock Housing Authority Lubbock, TX NIA All Part I- Computstion of Shaltar Rent Charped. 1. Tenant Rental Revenue (FDS Une 703) s 624,929.00 2. Tenant Revenue other (FDS line 704) 28.910.00 3. Total Renfal Charped (Lines 1& 2) ; 653,839.00 4. Utflities Expense (FDS Line 931 - 939) -2�3,452.�� 5. Shelter Rent Charged (Llne 3 minus Une 4) 45 � 83 7_DO Part II - Computedon of Shelter Rent Collected. To be rnmpleted only if Cooperation Apreement provides for payment of PILOT on basls of Shelter Rent Collec[ed.) i. Shel[er iient Charqed (Line S of Part I, above) f 450.387.00 2. Add: Acrnunts Recelvable - Tenants (FpS Unes 126, 126.1, & 126.2) at beqlnninq of Flscal year 15,539.00 3. Less: Tenant Bad Debt ExpenSe (FDS Une 964) �3,292.�� 4. Less: Attounts Receivable - Tenants (FDS Lines 126, 126.1, & 126.2) at end of fiscal year -13,650.00 5. Shelter Rent Collected (Llne 1 plus line 2 minus lines 3& 4) 408,984.00 Part III - Computatlon of Approxtmate Full Real Property Taxes. (1) Taxinq Distrlcts (2) Assessabie Value (3) Tax Rate (4) Approximate Fuil Real Property Taxes Total 0.00 Part N- Llmitatlon Baeed on An�ual ContrlbuGon. (To be completed if Cooperation Apreement Ilmits PILOT to an amount by which real property taxes exceed 20% of annual mntributlon.) 1. Approxlmate full real propeKy taxes S 2. Acaulny annual contHbution for ali pro�ects under the contrad � 3. Prorata share of accrulnq annual contributlon• 4. 2096 of aarulnp annual contNbution (2096 of Line 3) 5. Approxlmate full real proparty taxes leu 2096 of accruinq annual contributlon (Une 1 minus Llne 4, if Llne 4 exceeds Une 1, enter zero) S Part V- Paymenb In Lleu of Taxes. 1. SO% of shelter rent (309b of Une 6 of Part I or 3096 of Llne 5 of Part II, 40,898.00 whichever is eppllcable)•• _ 2. Payments In Ueu of Taxes (If PaR 1V is not applicable, e�ter the amount f shown on Ll�e 1, above, or the total In Part III, whichever is the lower. It Part IV Is applicable, enter the amount shown on Line 1, above, or the amount shown on Line 5 of PaR IV, whichever Is lower,) • Same as Line 2 N the statement includes all proJects under the Annual Contributlons Contract. If thls statement does not include all projects under the Annual Contrlbutlons Contract, enter prorata share based upon the development cost of each project, '* If the percentape speclfied In the Cooperatlon Ayreement or the Annual ConMbudons Contract with MUD Is lower, such lower percentape shall be used. Warninp: HUD will prosecute false clalms and statements. Conviction may result In criminal and/or vil qen les (1 .S. 001, 1010, 1012: 31 U.S.C. 3729, 3802). Proparod By: ApProved By: Name: Kris Schr der Name: Mike Chapman Tuie: Finance Director oa�: 07/10/2023 Tltle: Executive Director Date: 07110l2023 Previous Edl[lons are Obsolete Pa9e 1 of 1 form HUD-52267 (8/2005) Print Reset