Form HUD-92547-A Budget Worksheet

OMB Approval No. 2502-0324
(exp. 7/31/2009)

U.S. Department of Housing
and Urban Development
Office of Housing
Federal Housing Commissioner

Budget Worksheet
Income and Expense Projections

Public reporting burden for this collection of information is estimated to average 1.5 hours per response, including the time for reviewing instructions,
searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency
may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.
This information is collected in accordance with Title II of the National Housing Act which requires that HUD regulate rents for certain cooperative and
subsidized rental projects. The Department formulated the processes by which owners could request increases. The requirement for tenant participation
in the rent increase process, which is included in Section 202(b) of the HCD Amendments of 1978, necessitated that the Department design procedures
to give consideration to tenant comments. The information gathered is not of a confidential nature. The information is required in order to obtain benefits.
Project Number

Description of Account
Rental
Income
5100

Name of Project

Acct.No.Statement of Profit/Loss FY__

Rent Revenue - Gross Potential
Tenant Assistance Payments
Rent Revenue - Stores and Commercial
Garage and Parking Spaces
Flexible Subsidy Revenue
Miscellaneous Rent Revenue
Excess Rent
Rent Revenue/ Insurance
Special Claims Revenue
Retained Excess Income
Total Rent Revenue Potential at 100% Occupancy
Vacancies Apartments
5200
Stores and Commercial
Rental Concessions
Garage and Parking Spaces
Miscellaneous
Total Vacancies
Net Rental Revenue (Rent Revenue less Vacancies)
Income
Nursing Homes/ Assisted Living/ Board & Care/
5300
Other Elderly Care/ Coop/ Other Revenues
Financial Financial Revenue -Project Operations
Revenue Revenue from Investments-Residual Receipts
5400
Revenue from Investments-Replacement Reserve
Revenue from Investments-Miscellaneous
Total Financial Revenue
Other
Laundry and Vending Revenue
Revenue Tenant Charges
5900
Interest Reduction Payments Revenue
Gifts (nonprofits)
Miscellaneous Revenue
Total Other Revenue
Total Revenue
Admin.
Conventions and Meetings
Expenses Management Consulants
6200/
Advertising and Marketing
6300
Other Renting Expense
Office Salaries
Office Expenses
Office or Model Apartment Rent
Management Fee
Manager or Superintendent Salaries
Administrative Rent Free Unit
Legal Expenses - Project
Audit Expenses
Bookkeeping Fees/Accounting Services
Miscellaneous Administrative Expenses
Total Administrative Expenses

Previous editions are obsolete

Current FY (no. of mos.

)

Budget from (

) to (

5120
5121
5140
5170
5180
5190
5191
5192
5193
5194
5100T
5220
5240
5250
5270
5290
5200T
5152N
5300
5410
5430
5440
5490
5400T
5910
5920
5945
5970
5990
5900T
5000T
6203
6204
6210
6250
6310
6311
6312
6320
6330
6331
6340
6350
6351
6390
6263T

page 1 of 2

ref. Handook 4350.1

form HUD-92547-A (8/2000)

)

Description of Account

Acct.No.Statement of Profit/Loss FY__

Fuel Oil/Coal
Electricity
Water
Gas
Sewer
Total Utilities Expense
Operating Payroll
& Mainten. Supplies
Expenses
Contracts
6500
Operating and Maintenance Rent Free Unit

6420
6450
6451
6452
6453
6400T
6510
6515
6520
6521

Garbage and Trash Removal
Security Payroll/Contract
Security Rent Free Unit
Heating/Cooling Repairs and Maintenance
Snow Removal
Vehicle & Maint. Equip. Oper. and Repair
Misc. Operating & Maintenance Expenses
Total Operating & Maintenance Expenses
Real Estate Taxes
Payroll Taxes (Project's share)

6525
6530
6531
6546
6548
6570
6590
6500T
6710
6711

Property and Liability Insurance (Hazard)
Fidelity Bond Insurance
Workmen’s Compensation
Health Insurance & Other Employee Benefits
Misc. Taxes, Licen., Permits, & Insurance
Total Taxes & Insurance
Interest on Mortgage Payable
Interest on Notes Payable (Long-Term) *
Interest on Notes Payable (Short-Term) *
Mortgage Insurance Premium/Service Charge
Miscellaneous Financial Expenses
Total Financial Expenses
Nursing Homes/ Assisted Living/ Board & Care/
Other Elderly Care/ Coop/ Other Revenues

6720
6721
6722
6723
6790
6700T
6820
6830
6840
6850
6890
6800T
6900

Total Cost of Operations

6000T

Utilities
6400

Taxes and
Insurance
6700

Financial
Expenses
6800

Expenses
6900

Current FY (no. of mos.

)

Budget from (

) to (

)

Reserve for Replacements Dep. Required
Principal Payments Required
Debt Service for other approved loans
Debt Service Reserve (if required)
General Operating Reserve (Coops)
Total Cash Requirements
Less Total Revenue
Net Cash Surplus (Deficiency)

I hereby certify that all the information stated herein, as well as any information provided in the accompaniment herewith, is true and accurate.
Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties. (18 U.S.C. 1001, 1010, 1012; 31 U.S.C. 3729, 3802)
(Signature)

Previous editions are obsolete

Date (mm/dd/yyyy)

* HUD Approved Secondary Financing
Only for Budget Projections.

page 2 of 2

ref. Handook 4350.1

form HUD-92547-A (8/2000)