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Housing authority approves partnership and routine housing policy resolutions, delays FY2026 budget vote
Summary
The New Smyrna Beach Housing Authority approved several routine resolutions including partnering as a limited partner for Landings at Live Oak and adopting 2025 utility allowances, but tabled the FY2026 budget for further review after commissioners asked for more details.
The New Smyrna Beach Housing Authority on Jan. 21 approved a set of routine resolutions — including authorizing the authority to be a limited partner in the Landings at Live Oak development and adopting 2025 utility allowances and public-housing flat rents — and voted to table its proposed FY2026 budget until February.
The board unanimously passed a resolution changing voucher-management-system procedures and staff training to address a 2024 audit finding, approved a five-year Capital Fund Program plan that lists roughly $1.8 million in capital needs, and adopted the 2025 annual plan. Counsel-drafted paperwork for the Landings at Live Oak limited partnership will be signed by authorized officers; staff said the development corporation will act as the general partner and the housing authority will be the limited partner.
Board members asked detailed questions about the proposed FY2026 budget — including apparent revenue increases at a time some public-housing units are being removed from inventory and discrepancies in grant figures — and agreed to a budget workshop with the finance director before taking a final vote. The motion to table resolution 2025-7 (the FY2026 budget) carried.
The actions approved were procedural or programmatic rather than new policy pivots, staff said. Theresa, the authority's executive director, told the board the VMS changes will ensure HUD-reporting months reflect the period payments were intended for, and that the Landings paperwork was drafted by the authority's counsel. The board scheduled additional budget review and asked staff to provide clearer labeling on budget documents to make line-item purposes and acronyms easier to follow.
What happens next: staff will circulate updated budget materials to commissioners and hold a pre-meeting budget review with the finance director prior to the board's February session. Resolutions already approved will be processed per staff direction and counsel review.
