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From YouTube: 02-20-19 Laredo Housing Finance Corporation
Description
02-20-19 Laredo Housing Finance Corporation Meeting
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2019
budget
was
approved
after
the
notified.
Is
that,
but
it
was
approved,
so
we
did
the
variance
report
for
the
month
of
January.
It's
a
touch,
and
here
is
income.
We
had
a
negative
variance
of
3380
and
that
was
due
to
loss.
We
had
to
look,
we
had
tenants,
pass
away
or
or
leave
to
the
nursing
home
during
the
holidays
and
that's
a.
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We
did
a
cleanup
for
the
basement
and
some
units
make
it
present.
Pest
control,
peanuts,
I,
don't
know
if
it's
because
of
the
surrounding
area.
If
they're
doing
that
work,
we
notice
an
infestation
not
to
that
extent,
but
we
notice
more
activity.
So
we
need
more
pest
control.
So
that's
why
the
cost
increased
for
them
for
the
month
of
January
no
to
infinities.
We
have
an
excellent
variance
here.
We
have
a
savings
and
we
then
it
actually
had
a
savings
in
electricity,
water
and
wastewater
them
for
the
month
atom
promotion.
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There
was
a
negative
variance
that
was
due
to
the
holiday
parties.
We
did
have
it
advocated
for
December
Chris,
due
to
December
being
the
25th
and
all
the
receipts
turned
in
it
hit
for
the
month
of
January,
but
it
was
actually
their
Christmas
and
New
Year's
party
so
that
that
was
the
variance
there
general
and
administrative.
We
had
less
OT
for
maintenance,
stuff
Texas.
It
is
a
little
higher
than
what
we
budgeted
for
the
month.
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Have
$371
total
miscellaneous?
This
is
for
the
tenants
that
moved
out
I
think
I
only
had
one
move
out
with
a
small
balance
on
on
their
account.
The
rest
were
paid,
no
zero
balances
on
everything
that
you
see,
the
51,000
for
73
and
the
total
operating
income
for
43,000
0:39,
it's
reflected
with
you,
but
there
were
no
owners
expenses
for
the
month,
total
dead
service.
That's
our
mortgage
and
everything
everything
is
on.
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In
line
budget
capital
we
had
to
purchase
early
ace
and
I
did
a
replacement
for
VCT
flooring
in
one
of
the
units
that
that
we
needed
to
turn
and
then
blinds
for
the
unit.
So
we
had
a
positive
variance
there.
So
we'll
reflective
of
a
bug
with
the
total
income
we
were
budgeted
at
headed
thousand
fifty
six.
We
actually
came
in
positive
with
83
or
nine
for
the
month.
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Original,
oh,
oh,
oh!
That's
why
it's
a
absolute
to
fix,
so
we
had
a
plumber
come
in
and
check
it.
Try
to
repair
it.
He
didn't
recommend
it.
So
then
we
went
out
for
quotes.
Finally,
we
got
a
quote:
Leon
was
going
to
do
the
repair.
The
water
heater
is
in
Dallas
as
we
speak.
They
need
to
build
another
portion
of
it
because
they
have
to
bring
it
in
parts
to
bring
it
into
the.
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The
other
the
Palomita
services
are
only
there
Monday
through
Friday,
there's
no
activity
with
people
coming
in
and
out.
There's
only
one
person
in
one
of
the
office
and
the
other
one
is
they
just
have
like
supplies
there,
so
they
I
see
very
little
activity
in
those
two
offices.
The
one
that
concerns
me
is
the
restaurant,
which
that
one
doesn't
curl
and
then
Western
Union
electricity.
They
don't
use
gas,
did.
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Doctor
left
and
since
the
doctor
knew
this
provide
this
mr.
Pina
and
he
recommended
we
take
over
one
of
the
offices
once
there
he
decided
to
take
over
the
other
vacant
of
had
been
in
awaken
for
a
while.
So
it
worked
out
good,
so
we
still
have
time
for
for
the
renewal
he
has
League.
One
of
the
visas
expires
in
May
and
the
other
one
in
October
I.
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doing
here
a
lot
of
complaints.
What
is
that,
especially
from
the
Western
Union
guy?
Not
so
much
the
provider
services
like
I,
said
there's
very
little
activity,
but
you
know
how
what's
been.
Union
is
a
corner
that
other
corner
going
to
a
method,
or
you
know
how
the
how
the
homeless
population
for
a
while
there
they
had
a
tent
there
and
stuff
when
they
come
in.
Would
you
know
urinate
outside
is
odd
outside
the
building.
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To
separate
out
the
sight
of
Allah,
we've
got
one
and
Western
Union
I
mean
if
you
look
at
the
square.
Footage
of
the
building
is
90
feet
difference,
but
yet
the
rent
was
like
more
than
double
so
they're
gonna
I
think
we're
gonna
get
pushback
or
follow
me.
No
one
asked
on
in
terms
of
their
Garrett
worth
doubling
the
you.
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Taking
the
information
that
I
did
meet
with
me
and
to
meet
with
Sarah
and
Sonia
from
the
we
didn't
start
talking
discussing
within
a
long-term
capital
improvement
plan,
what
I
mean
by
that
is
looking
at
the
entire
building
as
a
whole
and
looking
at
the
key
elements
and
prioritizing
repairs
and
investment
in
the
building
itself
from
the
cash
flow
that
the
board
can
approve
and
look
at.
So.