HomeMy WebLinkAbout2020.07.16 - Minutes, Housing AuthorityHeAe 1 • C�l 0
Housing Authority of Washington County, MD
319 East Antietam Street, 2nd Floor Hagerstown, MD 21740
P 301.791.3168 F 301.791.2755 www.hawcmd.org
Members Present
Nicholas V. Hill, Sr.
David Pool
Ronnie Brezler
Ayodeji Badaki (via phone)
Bill Beard
Tasha Walls (via phone)
Board Meeting Minutes
July 16, 2020 in Person
Chairman — Nicholas V. Hill, Sr.
Members Absent
Wayne Keefer
Stan Steele (unexcused)
Staff Present
Corinne Guglielmini
Keith McMunn
Marlene Benson
1. The Regular meeting was called to order by Chair Nicholas V. Hill, Sr. at 12:03 pm.
2. There were no public comments noted.
3. No changes to the July 16, 2020 agenda.
4. A motion to approve the June 2020 minutes was made by Mr. Brezler and it was seconded by
Mr. Beard. Motion passed.
5. HAWC's FY2020 audit will begin the 15t week of September. We've received a list of documents
needed by the auditors.
6. Covid-19 Update: The Senior Centers are not yet open for business. The opening will be based
upon the nursing home recommendations created by Governor Hogan. One eviction that was
scheduled for March 7 is now July 31. Maintenance work is now being done for residents.
7. Washington County Housing Solutions had new business. HAWC received $20,000 from the
Washington County "Together We Serve Grant Program" to be spent on allowable expenses due
to Covid-19.
8. Executive Director's Report—The HCV Program received 5 more VASH vouchers. Housing
Quality Standards (HQS) inspections are now done by a third party. For the $80,000 MEEHA
Potomac Edison Energy Efficiency Grant, HAWC will earn $8,000 as an administrative fee. FSS
currently has 25 participants. Our waitlist purge has been completed. Our most recent PIC
score was 100.85%.
9. Financial Report —For the month and fiscal year ended June 30, 2020, revenue this month was
under budget due to the absence of the budgeted Energy Grant Income. YTD revenue is
R:Administrative/Board Meeting Minutes/2020
favorable to budget despite the shortfall in budgeted grant revenue. After several months of
significant favorable variances in expenditures from few snow events and reduced maintenance
activity due to Covid-19, June's costs returned to budgeted levels. The unfavorable total
expenditures for the month was in the payroll area resulting from the annual adjustment to
accrued compensated absences. YTD expense is under budget for the year, with snow removal,
depreciation and maintenance costs all contributing to the favorable variance. Net income was
under budget. Both increased revenues and cost reductions compared to budget contributed to
a favorable bottom line variance for FY2020. Field work for the annual audit has been
scheduled for the first week in September when staff from Citrin Cooperman and Company will
be at our office. This is the third year of Mr. Stephens engagement for performing our audits
and we will be soliciting proposals for audit services for the next three years this fall.
Francis Murphy: Revenue for the month and YTD are slightly over budget. Total expenses for
the month was near the budgeted amount. YTD costs through six months of operation are
favorable. The most significant expenditure variance is in maintenance. As with HAWC, FM
absorbed their portion of the payroll costs associated with the annual adjustment to
compensated absences. At the halfway point of FM's year, revenue is right on track and costs
are under budget. We have run into a delay in obtaining the appraisal for the FM property.
There is a question regarding the LIHTC status which requires a more involved analysis of the
property. Our appraiser Cushman & Wakefield is reviewing the matter. We are still pursuing
the purchase of FM. A motion to approve the financial report was made by Mr. Beard and it was
seconded by Mr. Pool. Motion passed.
10. The regular meeting adjourned at approximately 1:00 pm a motion to adjourn the meeting was
made by Mr. Beard and it was seconded by Mr. Pool. Motion passed.
11. Next meeting on Thursday, August 20, 2020 at 12:00 pm.