Community Housing 5 Year Budget 1 FTE-final
Support Services Costs - Housing First Community Housing
Direct service to Residentsnotes
Clinical case manager $ 34,000.0040 hr/wk position @ $12.00/hr x 44 wks/yr.)16.35/hr.x 52 weeks.
consultant/supervisor SN *$ 1,500.001 hr wk1/40 of SN Supervisor Time *
subtotal salaries$ 35,500.00
tax @ 8.6%$ 3,053.00
fringe benefits @ 11.25%$ 3,993.75
total salary, tax, fringe$ 42,546.75
Indirect Program Support
notebook computer/software$ 750.00facilitate outreach contact
mobile phone @$50 mo$ 600.00facilitate outreach contact
training & conferences$ 250.00
travel & mileage$ 500.00estimate $10 per week at 36c/mile
total indirect$ 2,100.00
agency overhead @14% *$ 5,956.55(of total salary) ServiceNet admin rate eNet admin rate
Shelter & Housing admin & expenses
program administration *$ 1,286.00
total overhead$ 7,242.55
subtotal support staff budget$ 51,889.30
Annual House Operating Expenses - Estimates*
telephones1,651.00
mortgage interest3,300.00
landscaping/snow removal1,000.00
facilities depreciation12,391.00
utilities3,000.00
heating-fuel3,000.00
household supplies1,800.00
electricity3,000.00
repair & maintenance 8,000
Total Annual Op. Expenses37,142.00
* Estimates are based on actual budgeted costs at Florence Inn during FY '07-08
$ 51,889.30
Annual Support Staff Costs
$37,142.00
Annual House Op. Costs
$ 89,031.30
Total Annual Cost
Annual Revenues - Estimate
$27,000.00(6 residents, up to $4,500 each annually)
CSPECH - MBH case management
Housing subsidies$ 52,560.00(6 residents x $730/mo x 12 mos.) *
3rd party billing for client services$ 10,920.00(3 billed clinical hrs/wk x 52 wks) **
$90,480.00
Annual Subsidized services
* Based upon HUD's 2008 Payment Standard for Northampton, MA - each 1 BR apartment. Includes resident contribution of 30% of income
** Based upon ServiceNet's standard payment calculation for a licensed clinician billing for psychotherapeutic services
Expenses & Revenues - Years 1 through 5 @ 1.0 FTE
Year 1Year 2Year 3Year 4Year 5
Total Support Staff Expenses *
$ 51,889.30$52,927.09$53,985.63$55,065.34$56,166.65
Total House Operating Expenses*
$ 37,142.00$37,884.84$38,642.54$39,415.39$40,203.70
Total Est. Expenses
$89,031.30$90,811.93$92,628.17$94,480.73$96,370.34
Increases in both expense lines reflect 2% increase per year over five years.
*
Revenues- CSPECH
$27,000.0027,000.00$27,000.0027,000.0027,000
Revenues - housing subsidies *
$ 52,560.00$53,611.20$54,683.00$55,777.00$56,892.54
Revenues - 3rd party **
$ 10,920.00$11,138.40$11,361.17$11,588.39$11,820.16
Revenues - both sources
$90,480.00$91,749.60$93,044.17$94,365.39$95,712.70
* HUD's annual increases in Section 8 housing subsidies fluctuate from year to year and are not easily predictable. Over the past 10 years the range of increase has been from 0% to
4.5%. The above estimates are calculated on the basis of an annual average increase of 2% over a 5 year period.
** Revenues from 3rd party billing are also calculated on the basis of an average 2% increase per year over five years.
* Based upon HUD's 2008 Payment Standard for Northampton, MA - each 1 BR apartment. Includes resident contribution of 30% of income
** Based upon ServiceNet's standard payment calculation for a licensed clinician billing for psychotherapeutic services
* HUD's annual increases in Section 8 housing subsidies fluctuate from year to year and are not easily predictable. Over the past 10 years the range of increase has been from 0% to
4.5%. The above estimates are calculated on the basis of an annual average increase of 2% over a 5 year period.
** Revenues from 3rd party billing are also calculated on the basis of an average 2% increase per year over five years.
* HUD's annual increases in Section 8 housing subsidies fluctuate from year to year and are not easily predictable. Over the past 10 years the range of increase has been from 0% to
4.5%. The above estimates are calculated on the basis of an annual average increase of 2% over a 5 year period.