Governor's Budget Fiscal Years 2004-2005 Vol 2

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Operating Expenses: The board draws funds for its budget, annually, from the amounts available within the Indentures.
The amount of the approved budget, less any cash on hand, is withdrawn from the Indenture and is allocated among the various Indentures. These funds are pledged to the bondholders.
P-108 Department Of Commerce-6501 Housing Division-74 Present Law Adjustments Total Agency Impact General Fund Total FY04 $713,337 FY04 $0 FY05 $832,738 FY05 $0 PL- 17 - Administrative Costs Adjustmen
...ts HB 576 - Adjustments include overtime, per-diem, trustee fees for bond issuance, legal counsel, foreclosure fees, and other items.
New Proposals Total Agency Impact General Fund Total FY04 $39,767,653 FY04 $0 FY05 $41,746,130 FY05 $0 NP- 2 - Section 8 Housing Funding Shift - The Section 8 Housing program works to provide rental assistance through Housing and Urban Development (HUD) Section 8 authority on behalf of low-income families and the elderly in Montana. Section 8 contracts with HUD to provide payments to landlords for the rental of private housing units to eligible program participants through an annual contribution's contract (ACC).


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