IAHA has contracted with Casterline Associates, PC for a Budgeting & Accounting Workshop.  

It will be held at the Marriott Hotel & Conference Center in Bloomington Normal. There is a block of rooms being held until May 29th. Please ask for "Illiniois Association of Housing Authorities" for our block.  The room rate is $128 per night. You can make reservations by calling 888-236-2427.

Classes will run from 8:30am to 4:30pm.  Lunch is on your own.

 Public Housing Budgeting, Accounting, Reporting, and the Public Housing Capital Fund

**AGENDA UPDATE ** PUBLIC HOUSING WILL BE DISCUSSED ALL DAY ON JUNE 20 AND THE MORNING OF JUNE 21. HOUSING CHOICE VOUCHERS WILL BE IN THE AFTERNOON OF JUNE 21.**

Public Housing Accounting and Reporting (Pertains to both Project Based and Non Project Based Agencies)

•  Cash, Cash Management, Investments and Related Procedure
•  Accounts Receivable and Allowance for Doubtful Accounts
•  Fixed Assets – Buildings, Equipment, Depreciation, Capitalization Policy
•  Grants Accounting and Reporting - The Capital Fund etc., including CFP under  Project Based Accounting
•  Payables and Accruals including Accrued Compensated Absences and new  Pension Liabilities
•  Equity/Net Position
•  Project Based Accounting
•  AMP Level and Central Office (COCC) Fees: Management Fee,
•  Bookkeeping Fee, Asset Management Fee and Service Fees
•  HUD Guidelines on Front Line (AMP) Costs vs COCC Costs
•  Excess Cash Determination
•  REAC Year End Financial Reporting – the FDS on-line submission

Public Housing Assessment System

•  Review of PHAS regulations – amount of detail dependent on time available

Housing Choice Voucher Program Overview and Budget Process

•   HCV Public Housing Acronyms
•   EligibleCosts

Housing Choice Voucher Program Program Funding Process (Updated for 2017)

•    Financial Overview of HCV Program
•    Funding for Housing Assistance Payments
•    HUDs Cash Management Procedures for Funding HAP and Related Forms and    Reconciliations
•    How to Track HUD-Held Program Reserves
•    Three Easy Steps for Maximizing HCV HAP Spending and Utilization in 2016      under HUDs Cash Management Process
•    Funding for Administrative Costs
•    HUD’s Upcoming Admin Fee Formula – the Abt Assocs Admin Study
•    Other Funding Issues

“IAHA Cancellation Policy: If you cancel your registration at any time prior to 7 days before an IAHA event, you will receive your registration fee, less a $50.00 administrative fee.  If you cancel your registration at 7 or less days of the event, you will not receive a refund.  A registration can be transferred to another employee at any time without financial penalty.  Registrations cancelled for emergency reasons will be reviewed on a case by case basis."

“Attention CPAs – This Seminar Qualifies for Continuing Professional Education Credit Course Level: Intermediate, Instructional method: Group Live, Advance Preparation: None, Course Prerequisites: None, Recommended CPE Credit: 16 Field of Study: Accounting (Governmental)”.

“Learning Objectives: Participants will learn how to more effectively budget, account for, and report PHA financial activity.”

“Casterline Associates, PC is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North Suite 700, Nashville, TN 37219-2417 www.nasba.org”.