Osceola County
Housing Finance Authority

Adopted Budget
FY2026-FY2027

Table of Contents

1		General Fund

2-3		General Fund Narrative

Osceola County Housing Finance Authority Adopted Budget
General Fund

	Adopted Budget	Adopted Budget	
Description	FY2026	FY2027	
Revenues			
Carry Forward Surplus	$	73,750	$	72,000	
Total Revenues	$	73,750	$	72,000	
Expenditures			
General & Administrative			
Attorney	$	10,000	$	10,000	
Management Fees	$	25,000	$	25,000	
Website Maintenance **	$	2,950	$	1,200	
Postage & Delivery	$	1,000	$	1,000	
Insurance	$	6,000	$	6,000	
Copies	$	1,000	$	1,000	
Legal Advertising	$	2,500	$	2,500	
Office Supplies	$	625	$	625	
Travel Per Diem	$	2,000	$	2,000	
Training	$	1,500	$	1,500	
Contingencies	$	5,000	$	5,000	
Dues, Licenses & Subscriptions	$	16,175	$	16,175	
Total Expenditures	$	73,750	$	72,000	
			
Excess Revenues/(Expenditures)	$	-	$	-	

**Budget amount includes a one-time website creation fee in FY26.

Osceola County
Housing Finance Authority
General Fund Narrative

Revenues:

Carry Forward Surplus

Represents funds from prior periods that the Housing Finance Authority (HFA) will use to fund general fund expenses for the fiscal year.

Expenditures:

General & Administrative:

Attorney

The HFA's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Management Fees

The HFA receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Website Maintenance

Represents the costs with Governmental Management Services – Central Florida, LLC associated with monitoring and maintaining the HFA’s website. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Postage & Delivery

The HFA incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The HFA’s general liability and public official’s liability insurance coverages.

Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The HFA is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Osceola County
Housing Finance Authority
General Fund Narrative

Travel Per Diem

The Board can be reimbursed for travel expenditures related to the conducting of HFA business.

Training

Represents the costs associated with registration for the Florida Association of Local Housing Finance Authorities (FLALHFA) annual educational conference. The cost is based on registration of two individuals.

Contingencies

Bank charges and any other miscellaneous expenses incurred during the year.

Dues, Licenses & Subscriptions

The HFA is required to pay an annual fees to the Florida Department of Commerce for $175, a membership fee for the FLALHFA and an annual donation to the Sadowski Education Effort.