HUD-50094 Shortfall Budget.

Public Housing Operating Fund Shortfall Budget						U.S. Department of Housing and Urban Development Office of Public and Indian Housing OMB Approval No. 2577-0300 (Exp. 03/31/2025)
		PHA Code
		PHA Name
		Project Number
Program Name	Line Items	Description	Actuals From FDS Used in Shortfall Program	Annual Budget	Budget Revision 1	Budget Revision 2	1H Actuals	2H Actuals	YE Actuals	Update Count	Comments	Attachments
14.850	99901	Fiscal Year Ending
14.850	11210	ACC Unit Months Leased
14.850	11190	ACC Unit Months Available
14.850	99904	Unit Months in Reporting Period
14.850	70500	Total Tenant Revenue
14.850	70600	HUD PHA Operating Grants
14.OPS	70600	HUD PHA Operating Grants
14.872	70600	HUD PHA Operating Grants
14.CFP	70600	HUD PHA Operating Grants
14.850	99905	All Other Cash Revenue
14.850	70000	Total Revenue
14.850	91000	Total Operating - Administrative
14.850	92000	Asset Management Fee
14.850	92500	Total Tenant Services
14.850	93000	Total Utilities
14.850	94000	Total Maintenance and Operations
14.850	95000	Total Protective Services
14.850	96000	Total Other General Expenses
14.850	96100	Total Insurance Premium
14.850	96700	Total Interest Expense and Amortization Cost
14.850	96900	Total Operating Expenses
14.850	99906	Net Operating Income (Loss)
14.850	97500	Fraud Losses
14.850	97100	Extraordinary Maintenance
14.850	97200	Casualty Losses – Non-capitalized
14.850	99907	Free Cash Flow

PHA Comments: ____________________________________________________________________

Paperwork Reduction Act burden statement:
Public Reporting Burden for this collection of information is estimated to average 30 minutes 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. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions to reduce this burden to the Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410–5000. When providing comments, please refer to OMB Approval No. 2577-0300. 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. The information is collected in accordance with 24 CFR Part 990 and annual Appropriations laws, including Full-Year Continuing Appropriations and Extensions Act, 2025 (Public Law 119-4). Participants must apply Shortfall funds to meet the program’s objective to improve the participant’s Months of Operating Reserve (MOR). The information in this form assists HUD to evaluate the participants’ financial and operational performance. The information requested does not lend itself to confidentiality.

Instructions:

PHA Code: The code assigned to the Public Housing Agency (PHA). It is the post office abbreviation for the state or territory the PHA is in, and a three digit number.

PHA Name: The name of the Public Housing Agency.

Project Number: The Operating Fund Project Number for which this form is being submitted.

Program Name: The Catalog of Federal Domestic Assistance (CFDA) program number of the line item.

Line Items: Financial Data Schedule (FDS) line item number.

Description: FDS line item description.

Actuals from FDS Used in Shortfall Program: Actual FDS data used to determine Shortfall eligibility.

Annual Budget: Includes the PHA’s forecasted expenses and income for the fiscal year.

Budget Revision 1 and 2: Budget revisions is space for an updated version of the budget that considers material changes to the budget such as disposition of units or mergers/acquisitions.

1H Actuals: Includes the PHA’s real expenses and income generated in the first six (6) months of the fiscal year. 

2H Actuals: Includes the PHA’s real expenses and income generated in the last six (6) months of the fiscal year. 

YE Actuals: Includes the PHA’s real expenses and income generated for the total fiscal year.

Form HUD-50094