| For Immediate Release |
Contact: Charla Jackson Peter
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| May 27, 2009 |
(502) 564-7630, ext. 454
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Kentucky Housing Corporation Board of Directors Finance Committee to Meet
The Finance Committee of the Kentucky Housing Corporation Board of Directors will meet Thursday, May 28, 2009, 12 p.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky. A copy of the agenda for the meeting accompanies this notice.
The press and public are invited to attend the meeting. Individuals requiring special accommodations to attend this meeting should contact Tracey Fitzgerald at least 24 hours in advance at (502) 564-7630 or (800) 633-8896, extension 241; or TTY 711; or e-mail tfitzgerald@kyhousing.org.
AGENDA
I.
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Call to Order
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David Wombwell, Chairman
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A. Confirmation of Quorum
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B. Confirmation of Press Notice
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C. Public Participation (Public may raise issues not
already on the agenda; limited to five minutes per
speaker.)
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II.
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Consideration/Approval of Minutes of the Meeting Held February 20, 2009 (Motion)
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Chairman Wombwell
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III.
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Authorization to Enter into a Personal Service Contract with ________________ for Audit of Financial Statements
Consideration of Recommendation of Resolution No. 39, Series of 2009 (Motion)
A RESOLUTION AUTHORIZING STAFF TO ENTER INTO A PERSONAL SERVICE CONTRACT WITH THE ACCOUNTING FIRM OF _______________________________ FOR FISCAL YEAR 2010 TO PERFORM THE ANNUAL COMPREHENSIVE AUDIT OF THE FINANCIAL BOOKS AND RECORDS OF KENTUCKY HOUSING CORPORATION IN AN AMOUNT NOT TO EXCEED $______.
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Richard L. McQuady
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IV.
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Request for Approval to Adopt Annual Audit Plan
Consideration of Recommendation of Resolution No. 40, Series of 2009 (Motion)
A RESOLUTION ADOPTING THE ANNUAL AUDIT PLAN CONSISTENT WITH THE GOALS OF KENTUCKY HOUSING CORPORATION IN CONFORMITY WITH THE INTERNATIONAL STANDARDS FOR THE PROFESSIONAL PRACTICE OF INTERNAL AUDITING.
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Kevin R. Field
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V.
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Finance Report
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A. Report of Budgeted versus Actual Operating Fee
Income and Expenditures for the Nine Months-Ended
March 31, 2009
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Derek VanMeter
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B. Presentation of Kentucky Housing Corporation’s
March 31, 2009 Financial Statements
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Richard L. McQuady
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VI.
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Adoption of Annual Operating Budget
Consideration of Recommendation of Resolution No. 41, Series of 2009 (Motion)
A RESOLUTION TO ADOPT THE BUDGETED OPERATING EXPENDITURES FOR THE HOUSING REVENUE BOND RESOLUTION FOR THE PERIOD JULY 1, 2009 THROUGH JUNE 30, 2010.
Consideration of Recommendation of Resolution No. 42, Series of 2009 (Motion)
A RESOLUTION TO ADOPT THE ANNUAL BUDGET FOR THE HOUSING REVENUE BOND RESOLUTION FOR THE PERIOD JULY 1, 2009 THROUGH JUNE 30, 2010.
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Derek VanMeter
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VII.
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Informational Items
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Chairman Wombwell
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VIII.
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Items from the Board or Staff (not on the agenda)
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IX.
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Adjournment (Motion)
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Chairman Wombwell
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www.kyhousing.org
Kentucky Housing Corporation, the state housing finance agency, was created by the 1972 General Assembly to provide affordable housing opportunities. As a self-supporting, public corporation, Kentucky Housing offers lower-than-market rate home mortgages, housing production financing, homeownership education/counseling, rental assistance, housing rehabilitation and supportive housing programs for special needs populations.
Kentucky Housing Corporation prohibits discrimination in employment based on race, color, religion, sex, national origin, sexual orientation, gender identity, ancestry, age, disability or veteran status.