1992-05-14 Reading Housing Authority Minutes

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Page 2 5/14/92 - Minutes Budget Guidelines - The FY 93 budget guidelines have been received from EOCD. The Director and Fee Accountant will be reviewing what impact this will have for this Authority and will report at the June meeting. Budget Exemptions - EOCD has allowed each Authority to exempt the uncontrolled costs for trash removal, insurances and retire ent from their budget on a pro -rated budget. The Board reviewed th exemption worksheets as submitted. Budget revisions will not be due to EOCD until July 1, 1992 for our FY 92 budget because the exemptions must be approved before the budget revisions can be submitted. Workers Compensation Insurance The Board reviewed the insurance coverage for workers compensation for the Authority. After discussion and upon a motion duly mad by Ms. Galvin and seconded by Mr. Allen,.it was unanimously VOTED: To authorize the Director to sign with MassWest for Wo kers Compensation for the next year effective June 1, 1992. The Chairman then declared said motion carried and said vote in effect. The Director reported on the latest directive from EOCD regarding the increase for State - funded housing (from 27 -30 %; from 22 -25 %) effective July 1, 1992. EOCD had previously directed each Authority to raise the rents to the new rates effective with the tenants' recertification date. All this work had to be completed before May 31, 1992 along with the adjustment for the 707's per the Court decree. The 707 Program had decreased the Fair Market Rent and had taken away the utility deduction and provided a lower heat deduction. The Court ruled this to be illegal and a compromise settlement was made. EOCD then directed each authority to recalculate the rents, determine if any retroactive adjustment was due to each tenant, and to complete all work by May 31, 1992. The staff has been working overtime to complete all this work and everythi g will be completed on schedule. The Director then reported on the new directive regarding surcha ges for air conditioners. After some discussion and upon a motion duly made by Mr. Allen and seconded by Ms. Galvin, it was unanim usly VOTED: To request a waiver for the 667 development from the pro Dosed regulation which no longer allows for surcharges for air- conditi ners. Such waiver will allow the tenants to have their air - conditioner without charge from June 1 through September 30 each year. Before/after that time, anyone wishing to keep their air - conditioner will be required to pay the $15 per month surcharge. The Board felt tha this action was necessary because the 667 complex is an all -elec ric development.