OHA Board Meeting
24/10/2013
No quorum at 0930
Called to order at 0833
Report from CEO. Tough week for OHA. 2001 to 2012. Reported by OWH. The agency will review report.
Many items already addressed. Agents have left the organization. CEO has been here 29 months. Best interest to move forward.
Financial situation has improved.
Next month sign recovery agreement. Repayment over next 3 months.
Board received 2020 plan.
Balance sheet looks better.
Selling 23.5 acres. Use proceeds to improve senior housing.
Important thing is we house people until self sufficient.
Challenging budget environment.
No changes to health care this year. (The cost are changing as addressed later)
Going for approval in November. Interviews for finance director. Audit presentation in November.
B.G. Angry that the report got leaked to media. I would like to say that Lindsey & Emily of KMTV Action 3 News & Erin of Omaha World-Herald got a bum rap about what actually occurred in yesterday’s news. They reported the information as presented, now I’m not a fan of the media and how they report news.
The 4th board member came in at this point in time. Roll Call for consent agenda.
Budget & Financial. No public availability.
12% less than last year.
6 to 9% plan increase.
No layoffs or furloughs.
3/4ths over.
94000 loss 280000 ytd. 376000 capital fund isnt in yet.
Revenues up. Change in internal billing.
98000 for audit.
Voucher program even fire month . 600,000 down for year. Using reserves.
Admin even fire month. 208000 under.
74000 profit for month fur central office. Expenses 204000 under for year.
HiO 96000 losses for month. revenues up.
Vouchers may be issued Jan 1st 500 accounts payable.
12 units at 100%, 2 @ 99%, 2 @ 98% Ohio at 100%
147 families on waiting list. Advertising in December. Looming to add about 750 families.
The next meetings are Third Thursday in Nov 21st & Dec 19th, Committee Meetings are the Tuesday before.
I talked to the CEO and requested the supporting documents.