TO: Napa County Housing Commission
FROM: Tracy Schulze, Auditor Controller
REPORT BY: Tracy Schulze, Auditor Controller
SUBJECT: NCHA Preliminary 6/30/2022 Financial Statements
RECOMMENDATION
title
Auditor-Controller to present fiscal year ended June 30, 2022 (pre-audited) financial statements of the Napa County Housing Authority.
body
EXECUTIVE SUMMARY
The Auditor-Controller prepares quarterly financial statements on the operations of the Napa County Housing Authority which are submitted to the Housing Commission for review. The financial statements reflect costs of the Administration and the three Farmworker Centers. The item today presents the pre-audited financial statements for the year ended June 30, 2022 (fourth quarter) and is informational only, no action required.
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: The proposed action is not a project as defined by 14 California Code of Regulations 15378 (State CEQA Guidelines) and therefore CEQA is not applicable.
BACKGROUND AND DISCUSSION
The Auditor-Controller prepares quarterly financial statements on the operations of the Napa County Housing Authority which are submitted to the Housing Commission for review. The financial statements reflect costs of the Administration and the three Farmworker Centers. The item today presents the pre-audited financial statements for the year ended June 30, 2022 (fourth quarter). These reports are generated prior to the annual audit and may be subsequently revised. Material revisions, if any, would be discussed at the time of audit presentation to the Commission.
In addition, CSA #4 financial statements are provided. CSA #4 assessments are used to cover any shortfall from other generated revenues to cover the full cost of the center operations.