All right, good evening, everyone.

Uh this is the regular meeting of the Board of Commissioners, St.

Charles Parish Housing Authority, Tuesday, May 26, 2026.

The time is now 604, and I call the meeting to order.

Will you please rise for the Pledge of Allegiance?

Pledge of allegiance to the flag of the United States of America.

And to the Republic for which it stands under God.

Indivisible liberty.

All right, our first agenda item this evening is a review and approval of the agenda.

We have any board comments, discussion, or a motion.

All right, Commissioner Bailey's move to uh approve the agenda uh for this evening's meeting.

Do we have a second?

Ms.

Diggs is seconded.

Um cast your vote.

Is that worth it?

Delay got it.

All right, and that motion carries with all members uh voting in the affirmative.

Next agenda item is review and approval of financial reporting.

Wait, no, excuse me.

Review and approval of board meeting minutes from April 28th, 2026.

Is there any board discussion uh or a motion from the board?

Ms.

Diggs.

Yes, I make a motion to approve the minutes from April 28th, 2026.

Thank you, Ms.

Diggs.

Ms.

Diggs has moved to approve the board meeting minutes from April 28th, 2026.

That's seconded by uh Mr.

Joseph.

Please cast your votes.

All right, and that passes uh unanimously with all members voting in the affirmative.

All right, uh let's see.

Next agenda item this evening is review and approval of financial reporting, April 2026.

Uh Financial Report.

Um Mr.

Allen.

Good afternoon, boy.

We're going to first take a look at Section A, St.

Charles Parrot Howard Authority Section A program for the month of April 2026.

Beginning balance, 843,503 and 26 cent.

Uh credits was 301,712,008.

Our debits 39,429 dollars and 81 cents.

Our end and imbalance is 835, 813.

Move over to uh Stephen of Revenue Expenditures for this month for this period.

Um total grant fee revenue agreement 283, 592 dollars.

Total income 280,000 435.90 cent total administrative 1,4482 and 52 cent.

Total insurance premium 328.75.

Total general expenditures negative 483.

83,55 cent totally operating expenditures 990 and 97 cent housing assistance payments 277,000.

Total other expenditures 227,000 2720 cent totally total expenses 278,000 2617 surplus 10,409 dollars and eighty-one cent.

Steven of net position for section eight program.

Total liability 787 dollars, eighty-seven thousand fifty-five dollars and fifty-six cent.

Jetta you came on board we was we was 27,000 dollars in the negative so you look at 222,459 dollars and 25 cent unrestricted net position current year this year audit period is 191,337 which means we came a good ways and that's we showing some good favor okay um we still that total unrestricted net position at 31,121 121 dollars and 45 cent which means by the end of this um physical audit period we should be in a positive total total surplus 1529 dollars and 27 cent total liability surplus 931 39 963 dollars and eighty-three cent we're gonna move on to low rent for the month of April 2026.

I have some good news the checks that we talked about that we was trying to avoid uh for the past year we're in the process of getting those done and we me and Paul we just finalizing everything so on the next board we should have a some good numbers for for for the board that the checks be done and they'll be cleared off the off the books okay just wanted to get that one to let the board know that beginning balance 1 million 13810531 cent credits 110848 seventeen center two hundred and sixty two dollars and thirty seven cents our ending balance is one million one hundred and forty two thousand six hundred ninety one dollars and eleven cents motel stable net position total cash one million six four thousand six hundred ninety four thousand seven three cent total account receivables eighty one thousand nine hundred and ninety-three dollars and nine cent total current assets eight hundred and seven seventy nine thousand five hundred and twenty six dollars and eighty cent total current assets two million twenty six thousand two hundred and fourteen dollars and sixty two cent total capital and fund program negative one hundred and fifty six thousand nine hundred and sixty one dollars and seventy two cent our total capital assets is one million seven hundred and sixty five thousand one hundred and six five dollars and nineteen center six hundred and eight thousand two hundred three thousand and forty seven cent our total assets up to today is three million six hundred and thirty four thousand four hundred and eighteen dollars and nine center give you an update on our audit that started today with our what our um uh auditing we started today we started on time at nine a everybody was there in place everything that the auditors asked for today and on through to Friday we have we have our table that we designated that everything is sitting on the table and the auditors moving through at a good at a good pace the only time we break for this for lunch other than that we're back on it to full to like we finished up today at 415 so every day up until Friday we'll be finishing around the same time to get everything done so I just wanted to let you all know that we're making good progress.

Yeah thank you for that that's good news yeah with the auditor this time Mr.

Chair yeah go ahead um just for the board's awareness again we just for the board's awareness again we have uh we did secure a new auditor based on an RFP process uh Aprio um and we myself Mr.

Um so far it's been working very well, and we haven't had any issues pop up or questions that they've identified as of yet, they're going through the Section 8 files right now.

Um and then I'm fairly certain they'll be going through some uh financial records as well as uh some of the board um reports uh from the governance perspective.