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Housing & Redevelopment Authority - HRA-Packet-04-01-2026 Supporting Documents - 04/01/2026
OTTER TAIL COUNTY – MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY AGENDA Government Services Center, Otter Tail Lake Room 515 West Fir Avenue, Fergus Falls, MN April 1, 2026 | 12:45 pm Commissioners may participate in the meeting by interactive technology. 1. Call Meeting to Order and Roll Call – Chairperson 2. Approval of Agenda 3. Consent Agenda A. Regular Board Meeting Minutes, February 4, 2026 B. Special Board Meeting Minutes, February 13, 2026 C. Housing Choice Voucher Rental Assistance Program for January and February 2026 D. Housing Trust Fund for January and February 2026 E. Public Housing and Senior Housing for January and February 2026 F. Check Report and Financial Reports for December 2025, January 2026 and February 2026 4. New Business A. Finance Committee Appointments B. Resolution No. 333 Committing Housing Trust Funds for the New York Mills Small Cities Development Program Grant Application 5. Old Business None 6. Discussion A. HRA Owned Properties in Vergas B. House Relocation Opportunities 7. Executive Director Report A. Legislative Update 8. General Discussion – Topics by Commissioners 9. Adjourn 1/59 2/59 The Otter Tail County HRA Board of Commissioners Met for a regular meeting on February 4, 2026 at 12:45 pm At the Otter Tail County Government Services Center 515 W Fir Ave, Fergus Falls, MN Board Members Present: Wayne Johnson, Chairperson Jeff Ackerson Kurt Mortenson Leland Rogness, Vice Chairperson Megan Myers, Virtual Others Present: Amy Baldwin, OTC HRA Executive Director Tanya Westra, OTC HRA Housing Program Supervisor Julie Bakken, OTC HRA Accountant Paula Grunewald, OTC HRA Administrative Assistant 1. CALL TO ORDER Chairperson Johnson called the meeting to order at 12:45 pm. 2. APPROVAL OF AGENDA Motion made by Kurt Mortenson, second by Jeff Ackerson to approve the February 4, 2026 Agenda without additions or changes. Motion passed unanimously. 3. APPROVAL OF CONSENT AGENDA ITEMS Motion made by Lee Rogness, second by Kurt Mortenson to approve Consent Agenda without additions or changes. Motion passed unanimously. 4. NEW BUSINESS A. Resolution No. 330 Accepting Grant and Interim Loan Awards from Minnesota Housing Amy Baldwin, HRA Executive Director stated due diligence items have been submitted to MN Housing except for the proposed Resolution No. 330. Motion made by Kurt Mortenson second by Jeff Ackerson to accept the Grant and Interim Loan Awards from Minnesota Housing. Motion passed unanimously. B. CDA/HRA Tax Forfeited Land Development Policy Amy Baldwin, HRA Executive Director stated we received feedback from last month and reviewed with the CDA Housing Committee and they had some recommendations. There are two policies. Policy 1 The first policy is a draft policy for the County Board to officially consider. This policy would help guide the County Board of Commissioners when they’re presented with a request to purchase a tax-forfeited 3/59 OTTERTAIL COU TY· MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov LIVE YOUR best life HERE. Pg. 2 property for less than market value for projects that would either eliminate blight or develop low income housing. The development of forfeited properties can increase our tax base, promote development opportunities that are aligned with local need and local support and then also provide opportunities to correct blight or develop affordable housing. Motion made by Jeff Ackerson, second by Megan Myers to present the County policy with the HRA’s recommendation to implement the Tax Forfeited Land Development Policy to the County Board. Roll call vote was called, motion passed unanimously. Policy 2 Resolution No. 331 Approving the Otter Tail County Housing and Redevelopment Authority Tax Forfeited Land Development Policy Collaboration has occurred with the County Recorder’s office, who manages the forfeiture process, to develop the proposed policy. New forfeited properties would go through the standard forfeiture auction process. An application would be filled out and brought to the respective board CDA or HRA. After due diligence, the respective agency would acquire and sell to the developer in accordance with the terms of the agreement that outlines project timeline, developer obligations and conditions of default. Included in the policy is a $500 application fee. Projects would need to either eliminate blight or develop low income housing. Motion made by Lee Rogness, second by Kurt Mortenson to approve the Otter Tail County Housing and Redevelopment Authority Tax Forfeited Land Development Policy. Motion passed unanimously. C. Independent Contractor Agreement with Barbara Dacy, LLC Amy Baldwin, HRA Executive Director stated the same services and compensation are proposed with a request from Barbara Dacy to reduce total compensation to no more than $10,000. Motion made by Jeff Ackerson second by Lee Rognes to accept the Independent Contractor Agreement with Barbara Dacy, LLC. Motion passed unanimously. 5. OLD BUSINESS A. March HRA Board Meeting Date: Monday, March 9, 2026 at 12:45 pm. Amy Baldwin, HRA Executive Director stated the March meeting date of March 4, 2026, would have some attendance challenges. After discussion motion made by Kurt Mortenson second by Jeff Ackerson to change the March’s meeting date to Monday, March 8, 2026 at 12:45 pm. Motion passed unanimously. 6. DISCUSSION A. Impact Fund Project Review Expect contracts from MN Housing in April. Anticipate starting in Parkers Prairie and then moving on to either Pelican Rapids or New York Mills. Currently in due diligence process; requested approval from MN Housing for predevelopment expenses to purchase parcels in Parkers Prairie prior to contract execution. HRA would contribute $10,000 per parcel – can come from the Housing Trust Fund. 7. EXECUTIVE DIRECTOR REPORT A. Community Development & Housing Annual Report Amy Baldwin, HRA Director provided a summary of the 2025 annual report. The report will also be presented to the County Board at a later date. 4/59 Pg. 3 B. 2026+ Housing Strategy Amy Baldwin, HRA Director presented an Outcome document from the HRA/CDA joint session and requested Commissioner feedback. Around housing we are a convener, provide technical assistance, provide financing or funding and could be a project lead. Priorities are single family entry level, market rate workforce rental and affordable senior housing. Known projects include Pelican Rapids, Parkers Prairie and New York Mills single-family supported by MN Housing grant award. Likely projects: Tax forfeit policy for acquisition, rehab, resale projects and house relocation projects and New York Mills senior triplex. On the radar: small footprint homes, multi-family workforce projects, affordable senior rental, Westridge Mall redevelopment, Section 515 properties. Amy Baldwin also presented a report showing the balance of work and deadlines across the different areas and work plans across the year, especially for the first 6 months of 2026. C. Federal Update HRA’s Congressional Directed Spending request has been funded. 7. GENERAL DISCUSSION – TOPICS BY COMMISSIONERS Commissioners requested that power slides be shared. Mahube is moving forward on a small pod Veterans housing project. New York Mills could have potential for smaller sizes homes where the mobile home park is located. 8. ADJOURNMENT At 2:10 pm a motion was unanimously carried to adjourn the meeting. ________________________________________________________ ___________________ Secretary/Clerk Date 5/59 The Otter Tail County HRA Board of Commissioners Met for a Special Meeting on February 13, 2026 at 7:45 am At the Otter Tail County Government Services Center 515 W Fir Ave, Fergus Falls, MN Board Members Present: Wayne Johnson, Chairperson Leland Rogness, Vice Chairperson Jeff Ackerson - Virtual Kurt Mortenson - Virtual Megan Myers - Virtual Others Present: Amy Baldwin, OTC HRA Executive Director Tanya Westra, OTC HRA Housing Program Supervisor Julie Bakken, OTC HRA Accountant 1. CALL TO ORDER Chairperson Johnson called the meeting to order at 7:46 am. 2. APPROVAL OF AGENDA Motion made by Lee Rogness, second by Kurt Mortenson to approve the February 13, 2026 Special Meeting Agenda without additions or changes. A roll call vote was taken. Motion passed unanimously. 3. NEW BUSINESS A. Resolution No. 322 Approving Housing Trust Fund Load to The Lincoln LLC Motion made by Lee Rogness, second by Kurt Mortenson to approve Resolution No. 222 approving the Housing Trust Fund Loan to The Lincoln LLC with the proposed loan terms presented in Exhibit A. A roll call vote was taken. Motion passed unanimously. 4. ADJOURNMENT At 8:01 am a motion was unanimously carried to adjourn the meeting. ________________________________________________________ ___________________ Secretary/Clerk Date 6/59 OTTERTAIL COU TY· MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov LIVE YOUR best life HERE. 1/31/2026 2/1/2026 Difference 37,560.17$ 36,617.17$ -$943.00 73 72 -1 32,418.00$ 31,475.00$ *HAP Adjustment *Utility Adjustment *Portability Tranactions (Out)4,883.00$ 4,883.00$ 61.00$ 61.00$ *Portablilty Admin Fee (Paid)198.17$ 198.17$ 1/31 2/1 New Admissions 1 End Participation 2 Vouchers Issued 0 0 Current HCV Participant Ports-Out Paid 4 4 Ports Out Pending 0 0 Ports In Pending 0 0 1/31/2026 Waiting List/To Date 155 Applications in Progress 12 Vouchers issued 3 From Waitlist & Port In ELI%100%YTD Monthly Trend Report*Units Available Units Leased Leasing %Budget %Per Unit $ August 2025 144 83 62.1% 80.7% 508.71$ September 2025 144 79 61.5% 80.2% 496.78$ October 2025 144 80 61.2% 80.0% 546.28$ November 2025 144 79 60.8% 79.8% 517.21$ December 2025 144 78 60.1% 79.2% 514.53$ January 2026 144 73 50.7% 86.0% 514.52$ *Leasing % and Budget % based on cumulative activity during calendar year Per Unit $ is rolling three month average *Portability Utility Reimbursement Portability Adjustments OTC Section 8 Housing Choice Voucher Rental Assistance Program Summary of Actions January 31, 2026 Program Total Financial Transaction Paid This Month* UML (Unit Months Leased or # of Households) *HAP & Utility Reimbursement Payments 7/59 &, OTTE:R 'TAIL ~, COUNTY -MINNESOTA 218-998-8730 ® HOUSINIG AND REDEVIEL.OPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Go,v,etn men,t Services Center 500 Wes:t Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov 2/28/2026 3/1/2026 Difference 36,617.17$ 36,682.85$ $65.68 71 72 1 31,475.00$ 30,144.00$ *HAP Adjustment *Utility Adjustment *Portability Tranactions (Out)4,883.00$ 6,224.00$ 61.00$ 61.00$ *Portablilty Admin Fee (Paid)198.17$ 253.85$ 2/28 3/1 New Admissions 1 End Participation 2 Vouchers Issued 0 0 Current HCV Participant Ports-Out Paid 4 5 Ports Out Pending 0 0 Ports In Pending 0 0 2/28/2026 Waiting List/To Date 171 Applications in Progress 9 Vouchers issued 3 From Waitlist & Port In ELI%100%YTD Monthly Trend Report*Units Available Units Leased Leasing %Budget %Per Unit $ September 2025 144 79 61.5% 80.2% 496.78$ October 2025 144 80 61.2% 80.0% 546.28$ November 2025 144 79 60.8% 79.8% 517.21$ December 2025 144 78 60.1% 79.2% 514.53$ January 2026 144 73 50.7% 86.0% 514.52$ February 2026 144 71 50.0% 85.2% 516.59$ *Leasing % and Budget % based on cumulative activity during calendar year Per Unit $ is rolling three month average *Portability Utility Reimbursement Portability Adjustments OTC Section 8 Housing Choice Voucher Rental Assistance Program Summary of Actions February 28, 2026 Program Total Financial Transaction Paid This Month* UML (Unit Months Leased or # of Households) *HAP & Utility Reimbursement Payments 8/59 &, OTTE:R 'TAIL ~, COUNTY -MINNESOTA 218-998-8730 ® HOUSINIG AND REDEVIEL.OPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Go,v,etn men,t Services Center 500 Wes:t Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov HOUSING TRUST FUND PROGRAMS (HTF) BOARD REPORT January 2026 Program Applications Approved Applications Denied Inspections Conducted Proceed to Work Issued Projects Complete Goal Program End Date Emergency Home Repair Program (EHRP) 0 0 0 0 0 Down Payment Assistance (DPA) 0 0 0 0 0 SCDP: Reuse 0 0 0 0 0 Rent Rehab – RR 0 0 0 0 0 Affordable Rental Unit Construction - ARUC 0 0 0 0 0 Housing Trust Fund Emergency Home Repair Program (EHRP) 0 0 0 0 0 On-Going Down Payment Assistance (DPA) 0 0 N/A N/A 0 On-Going Rent Rehab – RR 0 0 0 0 0 On-Going Affordable Rental Unit Construction - ARUC 0 0 0 0 0 On-Going Residential Owner- Occupied Leverage (ROHL) 0 0 0 0 0 PELICAN RAPIDS 09/30/2027 SCDP: Commercial 4 1 4 1 10 SCDP: Homeowner 11 1 11 5 1 17 9/59 218-998-8730 @ HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOU/\L HOUSING OPPORTUNITY @ ottertailcounty.gov HOUSING TRUST FUND PROGRAMS (HTF) BOARD REPORT February 2026 Program Applications Approved Applications Denied Inspections Conducted Proceed to Work Issued Projects Complete Goal Program End Date Housing Trust Fund Emergency Home Repair Program (EHRP) 0 0 0 0 0 On-Going Down Payment Assistance (DPA) 1 0 N/A N/A 1 On-Going Rent Rehab – RR 0 0 0 0 0 On-Going Affordable Rental Unit Construction - ARUC 1 0 1 1 0 On-Going Residential Owner- Occupied Leverage (ROHL) 0 0 0 0 0 PELICAN RAPIDS 09/30/2027 SCDP: Commercial 4 1 5 1 10 SCDP: Homeowner 13 1 13 6 2 17 10/59 218-998-8730 @ HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOU/\L HOUSING OPPORTUNITY @ ottertailcounty.gov PUBLIC HOUSING BOARD REPORT January 2026 Rents Payable $ 6,444.00 Rents Collected $ 6,400.00 Total Negative Rents $ 0 Negative Rents Paid $ 0 Late Fees Charged $ 286.00 Late Fees Collected $ 286.00 Number of Units Paying Flat Rent 4 Fiscal Year ELI WAITING LIST as of 2/04/2026 Community 2 Bedroom 3 Bedroom 4 Bedroom Pelican Rapids 18 21 N/A Underwood 9 9 3 Henning 7 7 2 New York Mills 11 17 3 VACANCIES UNIT VACATED LEASE SIGNED 11/59 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 G:r EOUJ\L HOUSING OPPORTUNITY @ ottertailcounty.gov PUBLIC HOUSING BOARD REPORT February 2026 Rents Payable $ 6,302.00 Rents Collected $ 5,594.66* Total Negative Rents $ 0 Negative Rents Paid $ 0 Late Fees Charged $ 125.00 Late Fees Collected $ 66.00 Number of Units Paying Flat Rent 4 Fiscal Year ELI WAITING LIST as of 3/03/2026 Community 2 Bedroom 3 Bedroom 4 Bedroom Pelican Rapids 20 23 N/A Underwood 9 10 3 Henning 8 8 2 New York Mills 11 18 3 VACANCIES UNIT VACATED LEASE SIGNED *One tenant did not pay rent, agreement was in place to pay on time, lease terminated. *104 Smith Ave, NY Mills *106 10th Ave, Pelican Rapids *lease term effective 3/31/26 non-payment of rent*lease term effective 3/31/26 recert paperwork not returned *letters sent to applicants on waiting list*letters sent to applicants on waiting list 12/59 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 G:r EOUJ\L HOUSING OPPORTUNITY @ ottertailcounty.gov AFFORDABLE SENIOR HOUSING BOARD REPORT January 2026 Rents Payable $ 3,400.00 Rents Collected $ 3,400.00 Late Fees $ 31.00 Late Fees Collected $ 31.00 WAITING LIST as of 2/04/2026 Community 1 Bedroom 2 Bedroom Dalton 2 2 VACANCIES UNIT VACATED LEASE SIGNED 138 Court Street (2br) 130 Court Street (2br) *Unit 130 vacated 12/4/25 * Working on 2 applicants * Ad in local paper *Incentive for tenants * For rent sign in yard 13/59 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOUI\L HOUSING OPPORTUNITY @ ottertailcounty.gov AFFORDABLE SENIOR HOUSING BOARD REPORT February 2026 Rents Payable $ 3,400.00 Rents Collected $ 3,400.00 Late Fees $ 0.00 Late Fees Collected $ WAITING LIST as of 2/04/2026 Community 1 Bedroom 2 Bedroom Dalton 2 VACANCIES UNIT VACATED LEASE SIGNED 138 Court Street (2br) 130 Court Street (2br) *Unit 130 vacated 12/4/25 *Unit 130 - Lease signing scheduled for 3/10/26. *Unit 138 - Lease signing scheduled for 3/27/26. 14/59 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOUI\L HOUSING OPPORTUNITY @ ottertailcounty.gov Doc Num Voided Type #1310287898 No INV 181 No DD 182 No DD 183 No DD 184 No DD 185 No DD 186 No DD 1668 No CHK 1669 No CHK 1670 No CHK 1671 No CHK 1672 No CHK 1673 No CHK 1674 No CHK 1675 No CHK 1676 No CHK End of Report Total:16 $183,916.96 Vendor Accounting - 15 $183,796.96 Vendor Accounting Total 16 $183,916.96 Transaction Type Summary Transaction Type Count Amount Vendor Accounting - 1 $120.00 Total:16 $183,916.96 Direct Deposit (DD)6 $1,764.90 Check (CHK)9 $182,032.06 Count Amount Invoice (INV)1 $120.00 Project Summary Program - Project Payments Deposits General Revolving (GR) - $183,916.96 $0.00 Total:$183,916.96 $0.00 Document Type Summary Document Type 12/31/2025 SCDP Pelican Rapids - Corbo Yes $2,375.00 Cleared: 15 $133,916.96 Uncleared: 1 $50,000.00 Total Payments: 16 $183,916.96 12/31/2025 Dec 25 Payroll, Postage, Acct Serv, Office Supplies, Advertising, Lang Line Yes $57,469.32 12/31/2025 HTFARUC2025-01 (Clauson)No $50,000.00 12/17/2025 2026 Policy CG85004 Commerical Liability Yes $424.00 12/31/2025 Electrical Outlet Tester Yes $24.97 12/12/2025 Transfer CDA Owner Match Deposited into HRA Account Yes $1,892.57 12/12/2025 SCDP Pel Rpds - Ballard First Half Yes $10,137.99 12/12/2025 2025 Mowing Vergas Lots Yes $1,000.00 12/12/2025 Nov 25 Payroll, Postage, Supplies, Acct Serv Yes $58,708.21 12/31/2025 Per Diem/Mileage Dec 25 Yes $75.00 12/31/2025 Per Diem/Mileage Dec 25 Yes $103.70 12/31/2025 Per Diem/Mileage Dec 25 Yes $93.20 12/31/2025 Per Diem/Mileage Dec 25 Yes $77.80 12/31/2025 Contract Services 11-21-25 thru 12-29-25 Yes $1,332.50 12/31/2025 Per Diem/Mileage Dec 25 Yes $82.70 Payment Date Document Description Cleared Amount 12/10/2025 2026 Annual Membership Renewal Yes $120.00 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register General Revolving (GR) Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 9:36:18 AM Printed by: Julie Bakken 15/59 100% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3610 Interest Income 3703/5353/3741/0054 161.28 6,065.15 8,000.00 (1,934.85)76% 3690 Other Revenue MISC 20,205.00 20,205.00 3690.01 SCDP Administration (DEED) - All Communities 7,049.00 61,200.00 (54,151.00)12% 3690.02 SCDP City/Grant Funds - All Communities 408,598.00 (408,598.00)0% 3691 Levy Revenue 163,054.06 1,724,288.68 1,610,431.00 113,857.68 107% 3693.02 CHIP Res Owner Occup Housing Lev (ROHL) Repayment 4,572.40 4,572.40 3693.03 CHIP FFHRA Rehab Repayments 4,091.00 4,091.00 3693.05 CHIP Rental Rehab Revolving Loan Payments 785.45 10,196.45 14,704.00 (4,507.55)69% 3697 Owner Match Revenue (1,892.57)10,159.65 10,159.65 TOTAL INCOME 162,108.22 1,786,627.33 2,102,933.00 (316,305.67)85% EXPENSES 4130 Legal 6,875.24 20,000.00 13,124.76 34% 4140 Staff Training 894.00 6,000.00 5,106.00 15% 4150 Travel 35.15 500.00 464.85 7% 4170 Accounting 10,000.00 60,000.00 60,000.00 100% 4171 Audit 23,535.00 22,000.00 (1,535.00)107% 4190 Other Administrative Expenses 17,002.07 (17,002.07) 4190.01 Manuals, Subscriptions 30.00 1,000.00 970.00 3% 4190.02 Office Supplies 227.82 1,172.88 1,700.00 527.12 69% 4190.03 Postage 371.60 2,872.93 2,500.00 (372.93)115% 4190.05 Dues 954.34 1,500.00 545.66 64% 4190.06 Advertising 115.39 560.90 2,000.00 1,439.10 28% 4190.08 Consulting Fees 1,460.60 5,881.80 50,000.00 44,118.20 12% 4190.2 Management Fees-OTC Admin 80,213.02 493,645.67 620,000.00 126,354.33 80% 4210 Board Member Payments 432.40 5,058.00 4,100.00 (958.00)123% 4420 Maintenance - Materials 24.97 863.15 (863.15) 4430 Maintenance - Contracts 1,000.00 1,000.00 (1,000.00) 4430.1 Misc Contracts - Software 12,348.00 7,700.00 (4,648.00)160% 4510 Insurance 33,316.78 50,000.00 16,683.22 67% 4570 Housing Choice Voucher Payroll Operating Support 12,510.62 25,815.04 30,000.00 4,184.96 86% 4580 Public Housing Payroll Operating Support 12,610.98 56,917.98 20,000.00 (36,917.98)285% 4590.01 SCDP O & E Reports 1,140.00 1,235.00 95.00 92% 4590.02 SCDP Lead Based Paint Testing 4,900.00 8,000.00 3,100.00 61% 4590.03 SCDP Construction (DEED)12,512.99 44,295.03 400,000.00 355,704.97 11% 4590.04 SCDP Recording Fees 138.00 598.00 460.00 23% 4592.01 HOP Demolition/Site Clearance 45,000.00 45,000.00 0% 4593.02 CAP Property Acquisition 25,000.00 25,000.00 0% 4593.03 CAP Consulting Fees 10,000.00 10,000.00 0% 4593.04 CAP Architect/Engineering 5,000.00 5,000.00 0% 4593.05 CAP Legal Fees 5,000.00 5,000.00 0% 4593.06 CAP Affordable Senior Housing Program Leverage 125,000.00 125,000.00 0% 4594 CHIP Down Payment Assistance 66,000.00 75,000.00 9,000.00 88% 4595.01 CHIP Emergency Housing Repair Program (EHRP)1,751.46 100,000.00 98,248.54 2% 4595.02 CHIP Res Owner Occupied Housing Leverage (ROHL)138.00 56,000.00 55,862.00 0% 4595.04 CHIP Affordable Rental Unit Constr (ARUC) Program 46.00 100,000.00 99,954.00 0% 4595.05 CHIP Rental Rehabilitation Loan 95.00 50,000.00 49,905.00 0% 4596.50 CWIP Pre-Development Expense 14,680.00 (14,680.00) 4597.01 County Assistance Repay Principal (BUDGET USE ONLY 34,633.00 34,633.00 0% 4597.02 County Assistance Repay Interest-N Fields Dalton 2,037.21 15,864.26 15,821.00 (43.26)100% 4694 Housing Trust Fund 50.00 (50.00) 4694.01 HTF Down Payment Assistance (DPA)30,144.00 (30,144.00) 4694.04 HTF Affordable Rental Unit Constr (ARUC) Repayment 50,000.00 50,000.00 (50,000.00) TOTAL EXPENSES 183,517.60 978,020.68 1,955,287.00 977,266.32 50% SURPLUS (21,409.38)808,606.65 147,646.00 660,960.65 548% Otter Tail County Housing Redevelopment Authority Operating Statement Twelve Months Ending 12/31/2025 Program: General Revolving (GR) Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 9:01:10 AM Printed by: Julie Bakken 16/59 Period Amount Balance ASSETS 1111 Cash (35,704.71)3,006,455.72 1111.1 Certificates of Deposit 154,085.56 1111.4 Committed for Housing Trust Fund 769,935.00 1113 Cash Rental Rehab 785.49 5,014.79 1130.1 Loan Receivable-Rental Rehab 44,478.49 1130.2 Loan Receivable-Down Payment Assistance 124,920.00 1130.3 Loan Receivable-Tax Levy Rehab Provision 195,983.97 1130.4 Loan Receivable-Homeowner Rehab 25,577.19 1130.9 Loan Allowance (221,561.16) 1135.5 Taxes Receivable 15,003.05 15,003.05 1400.6 Land 26,400.00 TOTAL ASSETS (19,916.17)4,146,292.61 LIABILITIES AND SURPLUS LIABILITIES 2130 OTC Short-Term Loan 34,633.38 2130.1 OTC Long-Term Loan (34,633.38)756,412.33 2131 Accrued Interest Payable 2,037.21 2,037.21 2250 Prepaid Expenses (544.00)(16,062.35) TOTAL LIABILITIES 1,493.21 742,387.19 SURPLUS 2700 Income/Expense Clearing Account 360,032.25 2700 Income/Expense Clearing Account (Current Year) (2,037.21)(30,544.26) 2806 Unrestricted Net Position 2,235,266.52 2806 Unrestricted Net Position (Current Year) (19,372.17)839,150.91 TOTAL SURPLUS (21,409.38)3,403,905.42 TOTAL LIABILITIES AND SURPLUS (19,916.17)4,146,292.61 Otter Tail County Housing Redevelopment Authority Balance Sheet December 2025 Program: General Revolving (GR) Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 9:01:09 AM Printed by: Julie Bakken 17/59 Doc Num Voided Type 1703 No DD 1704 No DD 1705 No DD 1706 No DD 1707 No DD 1708 No DD 1709 No DD 1710 No DD 1711 No DD 1712 No DD 1713 No DD 1714 No DD 1715 No DD 1716 No DD 1717 No DD 1718 No DD 1719 No DD 1720 No DD 1721 No DD 1722 No DD 1723 No DD 1724 No DD 1725 No DD 1726 No DD 1727 No DD 1728 No DD 1729 No DD 1730 No DD 1731 No DD 1732 No DD 1733 No DD 1734 No DD 1735 No DD 1736 No DD 1737 No DD 1738 No DD 1739 No DD 1740 No DD 1741 No DD 5820 No ADJ 6821 No CHK 6822 No CHK 6823 No CHK 6824 No CHK 6825 No CHK 6826 No CHK 6827 No CHK 6828 No CHK 6829 No CHK 6830 No CHK 6831 No CHK 6832 No CHK12/01/2025 HAP Util Payment Dec 25 Yes $212.00 12/01/2025 HAP Util Payment Dec 25 Yes $97.00 12/01/2025 HAP Util Payment Dec 25 Yes $58.00 12/01/2025 HAP Util Payment Dec 25 Yes $18.00 12/01/2025 HAP Util Payment Dec 25 Yes $12.00 12/01/2025 HAP Payment Dec 25 Yes $1,432.00 12/01/2025 HAP Util Payment Dec 25 Yes $41.00 12/01/2025 HAP Payment Dec 25 Yes $700.00 12/01/2025 HAP Payment Dec 25 Yes $347.00 12/01/2025 HAP Payment Dec 25 Yes $209.00 12/01/2025 HAP Payment Dec 25 Yes $322.00 12/01/2025 Returned HAP r December 2025 No ($507.00) 12/01/2025 HAP Payment Dec 25 Yes $305.00 12/01/2025 HAP Payment Dec 25 Yes $325.00 12/01/2025 Port Out Payment Dec 25 Yes $1,147.52 12/01/2025 HAP Payment Dec 25 Yes $268.00 12/01/2025 HAP Payment Dec 25 Yes $2,131.00 12/01/2025 HAP Payment Dec 25 Yes $907.00 12/01/2025 HAP Payment Dec 25 Yes $333.00 12/01/2025 HAP Payment Dec 25 Yes $457.00 12/01/2025 HAP Payment Dec 25 Yes $300.00 12/01/2025 HAP Payment Dec 25 Yes $735.00 12/01/2025 HAP Payment Dec 25 Yes $496.00 12/01/2025 HAP Payment Dec 25 Yes $507.00 12/01/2025 HAP Payment Dec 25 Yes $463.00 12/01/2025 HAP Payment Dec 25 Yes $881.00 12/01/2025 HAP Payment Dec 25 Yes $269.00 12/01/2025 HAP Payment Dec 25 Yes $321.00 12/01/2025 HAP Payment Dec 25 Yes $672.00 12/01/2025 HAP Payment Dec 25 Yes $1,359.00 12/01/2025 HAP Payment Dec 25 Yes $427.00 12/01/2025 HAP Payment Dec 25 Yes $377.00 12/01/2025 HAP Payment Dec 25 Yes $2,070.00 12/01/2025 HAP Payment Dec 25 Yes $1,024.00 12/01/2025 HAP Payment Dec 25 Yes $650.00 12/01/2025 HAP Payment Dec 25 Yes $589.00 12/01/2025 HAP Payment Dec 25 Yes $3,453.00 12/01/2025 HAP Payment Dec 25 Yes $248.00 12/01/2025 HAP Payment Dec 25 Yes $1,469.00 12/01/2025 HAP Payment Dec 25 Yes $399.00 12/01/2025 HAP Payment Dec 25 Yes $269.00 12/01/2025 HAP Payment Dec 25 Yes $4,290.00 12/01/2025 HAP Payment Dec 25 Yes $323.00 12/01/2025 HAP Payment Dec 25 Yes $365.00 12/01/2025 HAP Payment Dec 25 Yes $525.00 12/01/2025 HAP Payment Dec 25 Yes $494.00 12/01/2025 HAP Payment Dec 25 Yes $400.00 12/01/2025 HAP Payment Dec 25 Yes $700.00 12/01/2025 HAP Payment Dec 25 Yes $800.00 12/01/2025 HAP Payment Dec 25 Yes $551.00 12/01/2025 HAP Payment Dec 25 Yes $386.00 Payment Date Document Description Cleared Amount 12/01/2025 HAP Payment Dec 25 Yes $504.00 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 2 2/23/2026 9:41:08 AM Printed by: Julie Bakken 18/59 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers 6833 No CHK 6834 No CHK 6835 No CHK 6836 No CHK 6837 No CHK 6838 No CHK 6839 No CHK 6840 No CHK 6841 No CHK Doc Num Voided Type 55067733832 No MO 55067733849 No MO 55067733856 No MO Total:64 $42,782.30 Tenant Accounts Payable 1 $3.00 Tenant Accounting - Payment 1 $3.00 Tenant Accounting - Payment 3 $1,170.00 Tenant Accounts Receivable 3 $1,170.00 Vendor Accounting Total 2 $2,264.40 Vendor Accounting - Payment 2 $2,264.40 HAP Accounting - Payment 53 $34,708.00 HAP Accounting Total 54 $34,201.00 HAP Accounting - Adj to HAP 1 ($507.00) Port/Sub Out - Payment Made 4 $5,143.90 Portability/Subsidy Out Total 4 $5,143.90 Transaction Type Summary Transaction Type Count Amount Money Order (MO)3 $1,170.00 Total:64 $42,782.30 HAP Adjustment (ADJ)1 ($507.00) Check (CHK)21 $10,234.78 Count Amount Direct Deposit (DD)39 $31,884.52 Project Summary Program - Project Payments Deposits Housing Choice Vouchers - $41,612.30 $1,170.00 Total:$41,612.30 $1,170.00 Document Type Summary Document Type 12/23/2025 Payment - Money Order Yes $143.00 Cleared: 3 $1,170.00 Uncleared: 0 $0.00 Total Deposits: 3 $1,170.00 12/23/2025 Payment - Money Order Yes $1,000.00 12/23/2025 Payment - Money Order Yes $27.00 Posted Deposits Control Date Document Description Cleared Amount Cleared: 60 $42,119.30 Uncleared: 1 ($507.00) Total Payments: 61 $41,612.30 12/24/2025 Payment Dec 25 Yes $3.00 12/31/2025 HCV Payroll Portion Yes $1,132.20 12/01/2025 Port Out Payment Dec 25 Yes $1,823.54 12/12/2025 Nov 25 HCV Payroll Yes $1,132.20 12/01/2025 Port Out Payment Dec 25 Yes $1,215.30 12/01/2025 Port Out Payment Dec 25 Yes $957.54 12/01/2025 HAP Util Payment Dec 25 Yes $34.00 12/01/2025 HAP Util Payment Dec 25 Yes $51.00 12/01/2025 HAP Util Payment Dec 25 Yes $133.00 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 2/23/2026 9:41:08 AM Printed by: Julie Bakken 19/59 100% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rent HAP Repayment 1,167.00 21,403.00 21,403.00 3301 Admin Subsidy 2,368.00 87,909.00 69,800.00 18,109.00 126% 3301.1 HAP Subsidy 41,423.00 557,679.00 515,000.00 42,679.00 108% 3610 Investment Income (0062)5.00 102.97 130.00 (27.03)79% 3690.1 Other Revenue HAP 30,000.00 (30,000.00)0% TOTAL INCOME 44,963.00 667,093.97 614,930.00 52,163.97 108% EXPENSES 4140 Staff Training 3,398.00 4,400.00 1,002.00 77% 4150 Travel 398.95 250.00 (148.95)160% 4190 Other Admin Expenses (Apps, Service Charges)22.00 191.00 400.00 209.00 48% 4190.01 Manuals, Subscriptions 4,528.00 8,500.00 3,972.00 53% 4190.08 Consulting Fees 3,212.50 (3,212.50) 4190.2 Management Fees-OTC 2,264.40 67,248.50 55,000.00 (12,248.50)122% 4570 Collection Loss 20,236.00 20,236.00 (20,236.00) 4715.1 HAP Occupied Units 34,486.00 487,814.00 515,000.00 27,186.00 95% 4715.P HAP-Portability Out 4,944.00 32,729.00 15,000.00 (17,729.00)218% 4716.P Port Out Admin Fee 198.17 1,151.35 500.00 (651.35)230% TOTAL EXPENSES 62,150.57 620,907.30 599,050.00 (21,857.30)104% SURPLUS (17,187.57)46,186.67 15,880.00 30,306.67 291% Otter Tail County Housing Redevelopment Authority Operating Statement Twelve Months Ending 12/31/2025 Program: Housing Choice Vouchers Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 9:10:33 AM Printed by: Julie Bakken 20/59 Period Amount Balance ASSETS 1111 Cash Unrestricted 3,333.43 116,321.59 1121 Fraud A/R (19,559.00) 1129 A/R Tenants (677.00) TOTAL ASSETS (16,902.57)116,321.59 LIABILITIES AND SURPLUS LIABILITIES 2112 A/P HAP 285.00 1,354.00 TOTAL LIABILITIES 285.00 1,354.00 SURPLUS 2700 Inc & Exp Clearing 4,078.69 2700 Inc & Exp Clearing (Current Year) (20,236.00)(20,236.00) 2805 Restricted Net Position 26,005.74 2805 Restricted Net Position (Current Year) 1,993.00 37,136.00 2806 Unrestricted Position 38,696.49 2806 Unrestricted Position (Current Year) 1,055.43 29,286.67 TOTAL SURPLUS (17,187.57)114,967.59 TOTAL LIABILITIES AND SURPLUS (16,902.57)116,321.59 Otter Tail County Housing Redevelopment Authority Balance Sheet December 2025 Program: Housing Choice Vouchers Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 9:10:32 AM Printed by: Julie Bakken 21/59 Doc Num Voided Type #01-00000683-00-0 Nov 25 No INV #01-00000684-00-1 Nov 25 No INV #01-00000621-00-0 Nov 25 No INV #01-00000683-00-0 Dec 25 No INV #01-00000684-00-1 Dec 25 No INV #01-00000621-00-0 Dec 25 No INV #01-00010108-00-9 Dec 25 No INV #01-00010350-00-0 Dec 25 No INV #01-00010787-00-4 Dec 25 No INV #01-00041004-00-6 Nov 25 No INV #01-00041004-00-6 Dec 25 No INV #01-00041152-00-6 Nov 25 No INV #01-00041101-00-0 Nov 25 No INV #01-00041152-00-6 Dec 25 No INV #01-00041101-00-0 Dec 25 No INV #1129723 Dec 25 No INV #1130792 Dec 25 No INV #1130793 Dec 25 No INV #1130796 Dec 25 No INV #1130798 Dec 25 No INV #1130799 Dec 25 No INV #1130903 Dec 25 No INV #1143860 Dec 25 No INV #20072296 Dec 25 No INV #440572 Dec 25 No INV #480160 Dec 25 No INV #480161 Dec 25 No INV #991 721 5394 4 Nov 25 No INV #991 721 5394 4 Dec 25 No INV 7557 No CHK 7558 No CHK 7559 No CHK 7560 No CHK Doc Num Voided Type No OP No OP No OP No OP No OP No OP No OP 0105 No CHK 0107 No CHK 0108 No CHK 159 No CHK12/01/2025 Payment - Check Yes $652.59 12/15/2025 Payment - Check Yes $247.81 12/24/2025 Payment - Check Yes $167.00 12/30/2025 Payment - Online Payment Yes $250.53 12/01/2025 Payment - Check Yes $167.00 12/13/2025 Payment - Online Payment Yes $889.11 12/14/2025 Payment - Online Payment Yes $244.52 12/10/2025 Payment - Online Payment Yes $245.07 12/10/2025 Payment - Online Payment Yes $680.00 12/04/2025 Payment - Online Payment Yes $40.00 12/04/2025 Payment - Online Payment Yes $42.00 Posted Deposits Control Date Document Description Cleared Amount Cleared: 33 $33,963.32 Uncleared: 0 $0.00 Total Payments: 33 $33,963.32 12/31/2025 Shower Splash Guard Kit Yes $14.39 12/31/2025 2026 Property Ins Policy-PH Share Yes $28,850.00 12/12/2025 Water, Gas, Sewer Yes $700.88 12/12/2025 Nov 25 PH - Gaskets Yes $117.90 12/02/2025 Gas Yes $29.86 12/11/2025 Gas Yes $78.78 12/31/2025 Gas Yes $137.77 12/31/2025 Gas Yes $366.59 12/17/2025 Electric Yes $63.31 12/31/2025 Gas Yes $327.90 12/17/2025 Electric Yes $52.68 12/17/2025 Electric Yes $74.11 12/17/2025 Electric Yes $54.42 12/17/2025 Electric Yes $62.38 12/17/2025 Electric Yes $48.49 12/17/2025 Electric Yes $66.03 12/17/2025 Electric Yes $41.71 12/17/2025 Electric Yes $89.99 12/31/2025 Water, Electric, Gas, Sewer Yes $294.33 12/31/2025 Water, Electric, Gas, Sewer Yes $240.16 12/04/2025 Water, Electric, Gas, Sewer Yes $311.13 12/04/2025 Water, Electric, Gas, Sewer Yes $247.81 12/04/2025 Water, Electric, Gas, Sewer Yes $313.85 12/31/2025 Water, Electric, Gas, Sewer Yes $222.95 12/23/2025 Water, Sewer Yes $91.84 12/23/2025 Water, Sewer Yes $101.45 12/31/2025 Water, Electric, Gas, Sewer Yes $244.60 12/23/2025 Water, Sewer Yes $106.94 12/31/2025 Water, Sewer Yes $87.50 12/31/2025 Water, Sewer Yes $109.13 12/01/2025 Water, Sewer Yes $94.40 12/04/2025 Water, Electric, Gas, Sewer Yes $244.52 Payment Date Document Description Cleared Amount 12/01/2025 Water, Sewer Yes $75.52 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 2 2/23/2026 9:46:48 AM Printed by: Julie Bakken 22/59 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing 162 No CHK 1073 No CHK 1366 No CHK 1367 No CHK 5026 No CHK 13237 No CHK 13383 No CHK 13384 No CHK 42394 No MO 103238 No CHK 5620403 No CHK 11914GNH No CHK 11915GNH No CHK 13356-GNH No CHK 13357-GNH No CHK 13404GNH No CHK 13405GNH No CHK 22-110805895 No MO 22-111440368 No CHK 22-11285532 No MO 38113440423 No MO 55067735650 No MO 55067735667 No MO End of Report Total:67 $45,183.67 Tenant Accounting - 34 $11,220.35 Tenant Accounts 34 $11,220.35 Vendor Accounting Total 33 $33,963.32 Vendor Accounting - 29 $4,280.15 Vendor Accounting - 4 $29,683.17 Transaction Type Summary Transaction Type Count Amount Money Order (MO)6 $2,579.07 Total:67 $45,183.67 Invoice (INV)29 $4,280.15 Check (CHK)25 $35,933.22 Count Amount Online Payment (OP)7 $2,391.23 Project Summary Program - Project Payments Deposits Public Housing - Family $33,963.32 $11,220.35 Total:$33,963.32 $11,220.35 Document Type Summary Document Type Cleared: 34 $11,220.35 Uncleared: 0 $0.00 Total Deposits: 34 $11,220.35 12/24/2025 Payment - Money Order Yes $1,000.00 12/24/2025 Payment - Money Order Yes $86.09 12/01/2025 Payment - Money Order Yes $263.19 12/01/2025 Payment - Money Order Yes $420.00 12/24/2025 Payment - Money Order Yes $269.79 12/08/2025 Payment - Check Yes $147.98 12/15/2025 Payment - Check Yes $5.19 12/15/2025 Payment - Check Yes $5.19 12/15/2025 Payment - Check Yes $22.25 12/15/2025 Payment - Check Yes $22.25 12/24/2025 Payment - Check Yes $20.86 12/24/2025 Payment - Check Yes $20.85 12/08/2025 Payment - Check Yes $119.00 12/08/2025 Payment - Cashier's Check Yes $564.00 12/08/2025 Payment - Check Yes $50.74 12/24/2025 Payment - Money Order Yes $540.00 12/08/2025 Payment - Check Yes $119.00 12/08/2025 Payment - Check Yes $50.73 12/24/2025 Payment - Check Yes $586.59 12/15/2025 Payment - Check Yes $1,211.13 12/15/2025 Payment - Check Yes $1,100.00 12/01/2025 Payment - Check Yes $429.89 12/24/2025 Payment - Check Yes $540.00 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 2/23/2026 9:46:48 AM Printed by: Julie Bakken 23/59 100% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rental 6,279.00 64,927.00 39,500.00 25,427.00 164% 3401.1 HUD Operating Subsidy 3,760.00 46,459.00 32,000.00 14,459.00 145% 3401.2 HUD Capital Funds-Operations/Admin 14,108.00 7,000.00 7,108.00 202% 3401.3 HUD Capital Funds-Project 59,082.15 35,000.00 24,082.15 169% 3610 Interest Income (5673/0070)5.37 103.06 250.00 (146.94)41% 3690 Other Income (NSF, Late Fee, GR Support)268.00 911.00 21,000.00 (20,089.00)4% 3690.1 Water Charge Income 850.72 7,464.47 7,000.00 464.47 107% 3690.2 Electric Charge Income 832.89 11,102.06 13,000.00 (1,897.94)85% 3690.3 Gas Charge Income 798.18 9,726.32 10,000.00 (273.68)97% 3690.31 Sewer Charge Income 901.03 8,486.03 7,500.00 986.03 113% 3690.4 Other Tenant Charges (Maint)(295.00)10,146.79 10,146.79 TOTAL INCOME 13,400.19 232,515.88 172,250.00 60,265.88 135% EXPENSES 4130 Legal 2,000.00 2,000.00 0% 4140 Staff Training 229.00 4,400.00 4,171.00 5% 4150 Travel 203.09 300.00 96.91 68% 4171 Audit 2,400.00 2,400.00 100% 4190 Other Admin Expenses (Reports, Apps)429.35 1,062.54 200.00 (862.54)531% 4190.01 Manuals, Subscriptions 1,139.00 650.00 (489.00)175% 4190.06 Advertising 200.00 200.00 0% 4190.08 Consulting Fees 2,308.59 (2,308.59) 4190.2 Management Fees-OTC 25,000.00 25,000.00 100% 4310 Water 1,347.55 7,793.11 7,000.00 (793.11)111% 4320 Electric 2,464.87 10,762.83 13,000.00 2,237.17 83% 4330 Gas 2,493.40 10,842.27 10,000.00 (842.27)108% 4331 Sewer 1,519.10 8,849.32 7,500.00 (1,349.32)118% 4420 Maintenance - Materials 132.29 9,305.13 6,000.00 (3,305.13)155% 4430 Maintenance - Contracts 44.40 38,287.42 14,000.00 (24,287.42)273% 4431 Garbage and Trash Removal Contracts 1,500.76 500.00 (1,000.76)300% 4510 Insurance 30,964.60 28,500.00 (2,464.60)109% 4520 PILOT 3,330.00 3,330.00 0% 4521 Assessments 969.26 1,050.00 80.74 92% 4570 Collection Loss 15,174.98 15,174.98 500.00 (14,674.98)3035% 4580 Interest Expense (on Security Deposits)73.26 78.79 100.00 21.21 79% 4600 Capital Fund Projects 59,082.15 40,000.00 (19,082.15)148% 4610 Extraordinary Maintenance 3,500.00 3,500.00 0% 4800 Depreciation Expense 42,477.55 42,477.55 (42,477.55) TOTAL EXPENSES 66,156.75 268,430.39 170,130.00 (98,300.39)158% SURPLUS (52,756.56)(35,914.51)2,120.00 (38,034.51)-1694% Otter Tail County Housing Redevelopment Authority Operating Statement Twelve Months Ending 12/31/2025 Program: Public Housing Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 8:22:28 AM Printed by: Julie Bakken 24/59 Period Amount Balance ASSETS 1111 Cash (17,997.76)91,756.11 1114 Tenant Security Deposit Cash 906.61 10,925.02 1122 A/R Tenants (15,182.65)1,764.20 1122.1 Allowance for Doubtful Accts (200.00) 1129 A/R Other 0.83 1400.5 Accumulated Depreciation (42,477.55)(1,196,522.77) 1400.6 Land 32,990.31 1400.7 Buildings 1,687,791.45 TOTAL ASSETS (74,751.35)628,505.15 LIABILITIES AND SURPLUS LIABILITIES 2111 Vendors/Contractors 1,016.87 1,016.87 2114 Tenant Security Deposits 71.61 10,925.02 2119 Accounts Payable 3,757.87 3,339.21 2119.1 A/P Admin 418.66 2240 Tenants Prepaid Rent 1,577.86 2,604.30 2250 Prepaid Expenses (28,850.00)(28,850.00) TOTAL LIABILITIES (22,425.79)(10,545.94) SURPLUS 2700 Income/Expense Clearing Account (98,087.27) 2700 Income/Expense Clearing Account (Current Year) (52,756.56)(35,914.51) 2802 Invested in Capital Assets, Net of Related Debt 679,466.94 2806 Unrestricted Net Position 431.00 93,585.93 TOTAL SURPLUS (52,325.56)639,051.09 TOTAL LIABILITIES AND SURPLUS (74,751.35)628,505.15 Otter Tail County Housing Redevelopment Authority Balance Sheet December 2025 Program: Public Housing Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 8:22:27 AM Printed by: Julie Bakken 25/59 Doc Num Voided Type 1044 No CHK 1045 No CHK 1046 No CHK 1047 No CHK 1048 No CHK 1049 No CHK 1050 No CHK 0200002351007 NOV 2025 No INV 0200002371003 NOV 2025 No INV 20118158 DEC 2025 No INV 20118160 DEC 2025 No INV 20118161 DEC 2025 No INV 20118163 DEC 2025 No INV 20118164 DEC 2025 No INV 20118165 DEC 2025 No INV Doc Num Voided Type 1258 No CHK 1260 No CHK 2051 No CHK 5622 No CHK 12540 No CHK 12541 No CHK 12553 No CHK 12554 No CHK End of Report Total:23 $11,203.80 Tenant Accounting - 8 $4,025.72 Tenant Accounts 8 $4,025.72 Vendor Accounting Total 15 $7,178.08 Vendor Accounting - 8 $893.22 Vendor Accounting - 7 $6,284.86 Transaction Type Summary Transaction Type Count Amount Invoice (INV)8 $893.22 Total:23 $11,203.80 Count Amount Check (CHK)15 $10,310.58 Project Summary Program - Project Payments Deposits Finding Home I LLC - $7,178.08 $4,025.72 Total:$7,178.08 $4,025.72 Document Type Summary Document Type Cleared: 8 $4,025.72 Uncleared: 0 $0.00 Total Deposits: 8 $4,025.72 12/26/2025 Payment - Check Yes $60.18 12/26/2025 Payment - Check Yes $750.00 12/01/2025 Payment - Check Yes $750.00 12/01/2025 Payment - Check Yes $75.99 12/01/2025 Payment - Check Yes $771.00 12/08/2025 Payment - Check Yes $1,109.09 12/08/2025 Payment - Check Yes $426.33 12/23/2025 Payment - Check Yes $83.13 Posted Deposits Control Date Document Description Cleared Amount Cleared: 15 $7,178.08 Uncleared: 0 $0.00 Total Payments: 15 $7,178.08 12/05/2025 ELECTRIC Yes $83.13 12/05/2025 ELECTRIC Yes $86.14 12/05/2025 ELECTRIC Yes $42.64 12/05/2025 ELECTRIC Yes $71.99 12/05/2025 ELECTRIC Yes $118.45 12/05/2025 ELECTRIC Yes $85.18 12/02/2025 SEWER/WATER Yes $202.58 12/02/2025 SEWER/WATER Yes $203.11 12/31/2025 ADVERTISEMENTS Yes $263.34 12/31/2025 INSURANCE Yes $5,460.47 12/31/2025 MAINTENANCE SUPPLIES Yes $47.63 12/31/2025 SUPPLIES Yes $41.75 12/12/2025 MAINTENANCE SUPPLIES Yes $22.39 12/12/2025 ADVERTISEMENT Yes $263.34 Payment Date Document Description Cleared Amount 12/12/2025 GARBAGE Yes $185.94 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Finding Home I LLC Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 9:31:50 AM Printed by: Julie Bakken 26/59 100% Period YTD YTD Remaining Amount Amount Budget Budget INCOME 3110 Rent Revenue 3,419.36 40,003.36 60,000.00 (19,996.64)67% 3210 Replacement Reserves (Emergency/Updating)2,100.00 (2,100.00)0% 3610 Interest Income 3.32 19.47 19.47 3690 Other Income (NSF, Late Fees)124.00 5,100.00 (4,976.00)2% TOTAL INCOME 3,422.68 40,146.83 67,200.00 (27,053.17)60% EXPENSES 4130 Legal 1,500.00 1,500.00 0% 4150 Travel 16.80 (16.80) 4190 Administrative Expense (1.50)500.00 501.50 0% 4190.06 Advertising/Marketing/Printing 263.34 750.00 486.66 35% 4310 Water 426.30 2,683.41 3,000.00 316.59 89% 4320 Electric 1,708.72 2,423.56 1,000.00 (1,423.56)242% 4331 Sewer 376.00 2,256.00 2,400.00 144.00 94% 4410 Maintenance-Labor 2,000.00 2,000.00 0% 4420 Maintenance-Materials 111.77 3,528.77 1,500.00 (2,028.77)235% 4430 Maintenance-Contracts 68.60 9,228.63 12,900.00 3,671.37 72% 4431 Garbage/Trash Removal 185.94 1,810.16 3,300.00 1,489.84 55% 4510 Insurance 5,031.22 5,000.00 (31.22)101% 4521 Property Taxes/Assessments 5,200.00 5,200.00 0% 4580 Interest Expense (on Security Deposits)30.45 30.45 (30.45) 4800 Depreciation Expense 27,195.44 27,195.44 (27,195.44) TOTAL EXPENSES 30,103.22 54,466.28 39,050.00 (15,416.28)139% SURPLUS (26,680.54)(14,319.45)28,150.00 (42,469.45)-51% Otter Tail County Housing Redevelopment Authority Operating Statement Twelve Months Ending 12/31/2025 Program: Finding Home I LLC Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 8:55:58 AM Printed by: Julie Bakken 27/59 Period Amount Balance ASSETS 1111 Cash (3,058.18)29,780.67 1114 Tenant Security Deposit Cash 30.45 4,655.45 1122 A/R Tenants 553.17 1,155.10 1400.5 Accumulated Depreciation (27,195.44)(29,229.94) 1400.6 Land 13,500.00 1400.7 Buildings 1,456,410.28 TOTAL ASSETS (29,670.00)1,476,271.56 LIABILITIES AND SURPLUS LIABILITIES 2111 Vendors/Contractors (194.74)(194.74) 2114 Tenant Security Deposit 30.45 4,655.45 2119 Accounts Payable 2,118.55 2,118.55 2240 Tenant Prepaid Rents 780.09 1,822.46 2250 Prepaid Expenses (5,723.81)(5,723.81) TOTAL LIABILITIES (2,989.46)2,677.91 SURPLUS 2700 Income/Expense Clearing Account 1,487,913.10 2700 Income/Expense Clearing Account (Current Year) (26,680.54)(14,319.45) TOTAL SURPLUS (26,680.54)1,473,593.65 TOTAL LIABILITIES AND SURPLUS (29,670.00)1,476,271.56 Otter Tail County Housing Redevelopment Authority Balance Sheet December 2025 Program: Finding Home I LLC Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 8:22:50 AM Printed by: Julie Bakken 28/59 Doc Num Voided Type 187 No DD 188 No DD 189 No DD 190 No DD 191 No DD 1677 No CHK 1678 No CHK 1679 No CHK 1680 No CHK 1681 No CHK 1682 No CHK 1683 No CHK 1684 No CHK End of Report Total:13 $14,284.86 Vendor Accounting - 13 $14,284.86 Vendor Accounting Total 13 $14,284.86 Transaction Type Summary Transaction Type Count Amount Check (CHK)8 $13,785.15 Total:13 $14,284.86 Count Amount Direct Deposit (DD)5 $499.71 Project Summary Program - Project Payments Deposits General Revolving (GR) - $14,284.86 $0.00 Total:$14,284.86 $0.00 Document Type Summary Document Type Cleared: 10 $13,371.73 Uncleared: 3 $913.13 Total Payments: 13 $14,284.86 01/23/2026 PRCom2025-01 SCDP Yes $4,907.04 01/23/2026 2026 Annual Membership Renewal No $75.00 01/09/2026 1099 Envelopes Yes $18.50 01/23/2026 On Call Bags, Maintenance Materials No $363.13 01/09/2026 O&E Mercantile on Main, Pelican Rapids Yes $95.00 01/09/2026 Membership 3/1/26-2/28/27 Yes $257.48 01/09/2026 2026 MN Public Finance Seminar Registration - Tanya Westra No $475.00 01/09/2026 Annual Support Fee Jan -Dec 2026 Yes $7,594.00 01/09/2026 Per Diem/Mileage Jan 26 Yes $140.25 01/09/2026 Per Diem/Mileage Jan 26 Yes $104.73 01/09/2026 Per Diem/Mileage Jan 26 Yes $93.85 01/09/2026 Per Diem/Mileage Jan 26 Yes $77.90 Payment Date Document Description Cleared Amount 01/09/2026 Per Diem/Mileage Jan 26 Yes $82.98 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register General Revolving (GR) Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 12:16:16 PM Printed by: Julie Bakken 29/59 8% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3610 Interest Income 3703/5353/3741/0054 3,821.79 3,821.79 8,000.00 (4,178.21)48% 3690.01 SCDP Administration (DEED) - All Communities 67,500.00 (67,500.00)0% 3690.02 SCDP City/Grant Funds - All Communities 450,000.00 (450,000.00)0% 3691 Levy Revenue 1,610,431.00 (1,610,431.00)0% 3693.05 CHIP Rental Rehab Revolving Loan Payments 663.00 663.00 9,800.00 (9,137.00)7% 3694 HTF Contributions 75,000.00 (75,000.00)0% 3697 Owner Match Revenue 411.00 411.00 3,000.00 (2,589.00)14% TOTAL INCOME 4,895.79 4,895.79 2,223,731.00 (2,218,835.21)0% EXPENSES 4130 Legal 20,000.00 20,000.00 0% 4140 Staff Training 475.00 475.00 6,000.00 5,525.00 8% 4150 Travel 500.00 500.00 0% 4170 Accounting 30,000.00 30,000.00 0% 4171 Audit 20,750.00 20,750.00 0% 4190 Other Administrative Expenses 5,000.00 5,000.00 0% 4190.01 Manuals, Subscriptions 1,000.00 1,000.00 0% 4190.02 Office Supplies 18.50 18.50 1,700.00 1,681.50 1% 4190.03 Postage 2,500.00 2,500.00 0% 4190.05 Dues 993.48 993.48 1,500.00 506.52 66% 4190.06 Advertising 2,000.00 2,000.00 0% 4190.08 Consulting Fees 40,000.00 40,000.00 0% 4190.2 Management Fees-OTC Admin 643,985.00 643,985.00 0% 4210 Board Member Payments 499.71 499.71 5,000.00 4,500.29 10% 4420 Maintenance - Materials 363.13 363.13 (363.13) 4430.1 Misc Contracts - Software 7,594.00 7,594.00 12,500.00 4,906.00 61% 4510 Insurance 14,977.35 14,977.35 53,000.00 38,022.65 28% 4570.1 Housing Choice Voucher Program Support 30,000.00 30,000.00 0% 4580.1 Public Housing Program Support 20,000.00 20,000.00 0% 4590.01 SCDP O & E Reports 95.00 95.00 1,425.00 1,330.00 7% 4590.02 SCDP Lead Based Paint Testing 10,000.00 10,000.00 0% 4590.03 SCDP Construction (DEED)4,907.04 4,907.04 439,310.00 434,402.96 1% 4590.04 SCDP Recording Fees 690.00 690.00 0% 4592.01 HOP Demolition/Site Clearance 45,000.00 45,000.00 0% 4593.02 CAP Property Acquisition 25,000.00 25,000.00 0% 4593.03 CAP Consulting Fees 5,000.00 5,000.00 0% 4593.04 CAP Architect/Engineering 5,000.00 5,000.00 0% 4593.05 CAP Legal Fees 5,000.00 5,000.00 0% 4597.01 County Assistance Repay Principal (BUDGET USE ONLY 35,326.00 35,326.00 0% 4597.02 County Assistance Repay Interest-N Fields Dalton (2,037.21)(2,037.21)15,128.00 17,165.21 -13% 4598 Owner Match Expense 3,000.00 3,000.00 0% 4694 Housing Trust Fund 375,000.00 375,000.00 0% TOTAL EXPENSES 27,886.00 27,886.00 1,860,314.00 1,832,428.00 1% SURPLUS (22,990.21)(22,990.21)363,417.00 (386,407.21)-6% Otter Tail County Housing Redevelopment Authority Operating Statement One Month Ending 01/31/2026 Program: General Revolving (GR) Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 12:07:58 PM Printed by: Julie Bakken 30/59 Period Amount Balance ASSETS 1111 Cash 1,292.15 3,007,747.87 1111.1 Certificates of Deposit 3,658.79 157,744.35 1111.4 Committed for Housing Trust Fund 769,935.00 1113 Cash Rental Rehab 663.04 5,677.83 1130.1 Loan Receivable-Rental Rehab 44,478.49 1130.2 Loan Receivable-Down Payment Assistance 124,920.00 1130.3 Loan Receivable-Tax Levy Rehab Provision 195,983.97 1130.4 Loan Receivable-Homeowner Rehab 25,577.19 1130.9 Loan Allowance (221,561.16) 1135.5 Taxes Receivable (15,003.05) 1400.6 Land 26,400.00 TOTAL ASSETS (9,389.07)4,136,903.54 LIABILITIES AND SURPLUS LIABILITIES 2130.1 OTC Long-Term Loan 756,412.33 2131 Accrued Interest Payable (2,037.21) 2250 Prepaid Expenses 15,638.35 (424.00) TOTAL LIABILITIES 13,601.14 755,988.33 SURPLUS 2700 Income/Expense Clearing Account 360,032.25 2700 Income/Expense Clearing Account (Current Year) 2,037.21 2,037.21 2700 Income/Expense Clearing Account (Unclosed 2025) (30,544.26) 2806 Unrestricted Net Position 2,235,266.52 2806 Unrestricted Net Position (Current Year) (25,027.42)(25,027.42) 2806 Unrestricted Net Position (Unclosed 2025) 839,150.91 TOTAL SURPLUS (22,990.21)3,380,915.21 TOTAL LIABILITIES AND SURPLUS (9,389.07)4,136,903.54 Otter Tail County Housing Redevelopment Authority Balance Sheet January 2026 Program: General Revolving (GR) Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 12:07:57 PM Printed by: Julie Bakken 31/59 Doc Num Voided Type No ADJ 1742 No DD 1743 No DD 1744 No DD 1745 No DD 1746 No DD 1747 No DD 1748 No DD 1749 No DD 1750 No DD 1751 No DD 1752 No DD 1753 No DD 1754 No DD 1755 No DD 1756 No DD 1757 No DD 1758 No DD 1759 No DD 1760 No DD 1761 No DD 1762 No DD 1763 No DD 1764 No DD 1765 No DD 1766 No DD 1767 No DD 1768 No DD 1769 No DD 1770 No DD 1771 No DD 1772 No DD 1773 No DD 1774 No DD 1775 No DD 1776 No DD 1777 No DD 1778 No DD 1779 No DD 1780 No DD 6842 No CHK 6843 No CHK 6844 No CHK 6845 No CHK 6846 No CHK 6847 No CHK 6848 No CHK 6849 No CHK 6850 No CHK 6851 No CHK01/01/2026 HAP Util Payment Jan 26 Yes $212.00 01/01/2026 HAP Util Payment Jan 26 Yes $97.00 01/01/2026 HAP Util Payment Jan 26 Yes $58.00 01/01/2026 HAP Util Payment Jan 26 No $18.00 01/01/2026 HAP Util Payment Jan 26 Yes $12.00 01/01/2026 HAP Payment Jan 26 Yes $274.00 01/01/2026 HAP Payment Jan 26 Yes $1,432.00 01/01/2026 HAP Payment Jan 26 Yes $322.00 01/01/2026 HAP Payment Jan 26 Yes $700.00 01/01/2026 Port Out Payment Jan 26 Yes $1,147.52 01/01/2026 HAP Payment Jan 26 Yes $305.00 01/01/2026 HAP Payment Jan 26 Yes $950.00 01/01/2026 HAP Payment Jan 26 Yes $359.00 01/01/2026 HAP Payment Jan 26 Yes $333.00 01/01/2026 HAP Payment Jan 26 Yes $268.00 01/01/2026 HAP Payment Jan 26 Yes $284.00 01/01/2026 HAP Payment Jan 26 Yes $460.00 01/01/2026 HAP Payment Jan 26 Yes $496.00 01/01/2026 HAP Payment Jan 26 Yes $457.00 01/01/2026 HAP Payment Jan 26 Yes $463.00 01/01/2026 HAP Payment Jan 26 Yes $735.00 01/01/2026 HAP Payment Jan 26 Yes $360.00 01/01/2026 HAP Payment Jan 26 Yes $507.00 01/01/2026 HAP Payment Jan 26 Yes $576.00 01/01/2026 HAP Payment Jan 26 Yes $931.00 01/01/2026 HAP Payment Jan 26 Yes $427.00 01/01/2026 HAP Payment Jan 26 Yes $321.00 01/01/2026 HAP Payment Jan 26 Yes $2,070.00 01/01/2026 HAP Payment Jan 26 Yes $1,354.00 01/01/2026 HAP Payment Jan 26 Yes $650.00 01/01/2026 HAP Payment Jan 26 Yes $377.00 01/01/2026 HAP Payment Jan 26 Yes $2,784.00 01/01/2026 HAP Payment Jan 26 Yes $1,128.00 01/01/2026 HAP Payment Jan 26 Yes $1,469.00 01/01/2026 HAP Payment Jan 26 Yes $589.00 01/01/2026 HAP Payment Jan 26 Yes $269.00 01/01/2026 HAP Payment Jan 26 Yes $533.00 01/01/2026 HAP Payment Jan 26 Yes $323.00 01/01/2026 HAP Payment Jan 26 Yes $399.00 01/01/2026 HAP Payment Jan 26 Yes $525.00 01/01/2026 HAP Payment Jan 26 Yes $4,286.00 01/01/2026 HAP Payment Jan 26 Yes $400.00 01/01/2026 HAP Payment Jan 26 Yes $365.00 01/01/2026 HAP Payment Jan 26 Yes $820.00 01/01/2026 HAP Payment Jan 26 Yes $494.00 01/01/2026 HAP Payment Jan 26 Yes $386.00 01/01/2026 HAP Payment Jan 26 Yes $700.00 01/01/2026 HAP Payment Jan 26 Yes $504.00 01/01/2026 HAP Payment Jan 26 Yes $551.00 Payment Date Document Description Cleared Amount 01/16/2026 HAP Paid back 09/2025 Yes ($905.00) Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 2 2/23/2026 1:50:42 PM Printed by: Julie Bakken 32/59 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers 6852 No CHK 6853 No CHK 6854 No CHK 6855 No CHK 6856 No CHK Check 32599 No ADJ Ck 32599 No ADJ Ck 32599 No ADJ End of Report Total:58 $36,649.98 HAP Accounting - 50 $32,418.00 HAP Accounting Total 50 $32,418.00 Portability/Subsidy Out 8 $4,231.98 Port/Sub Out - Adj to 1 ($905.00) Port/Sub Out - Payment 4 $5,142.17 Transaction Type Summary Transaction Type Count Amount Port/Sub Out - Adj to 3 ($5.19) Total:58 $36,649.98 Direct Deposit (DD)39 $30,050.52 Check (CHK)15 $7,509.65 Count Amount Portability Tenant 4 ($910.19) Project Summary Program - Project Payments Deposits Housing Choice $36,649.98 $0.00 Total:$36,649.98 $0.00 Document Type Summary Document Type 01/16/2026 Port Out Admin Fees Returned Yes ($1.73) Cleared: 57 $36,631.98 Uncleared: 1 $18.00 Total Payments: 58 $36,649.98 01/16/2026 Port Out Admin Fees Returned Yes ($1.73) 01/16/2026 Port Out Admin Fees Returned Yes ($1.73) 01/01/2026 Port Out Payment Jan 26 Yes $955.81 01/01/2026 Port Out Payment Jan 26 Yes $1,823.54 01/01/2026 HAP Util Payment Jan 26 Yes $51.00 01/01/2026 Port Out Payment Jan 26 Yes $1,215.30 01/01/2026 HAP Util Payment Jan 26 Yes $34.00 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 2/23/2026 1:50:42 PM Printed by: Julie Bakken 33/59 8% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rent HAP Repayment 904.00 904.00 904.00 3301 Admin Subsidy 1,833.00 1,833.00 65,000.00 (63,167.00)3% 3301.1 HAP Subsidy 38,646.00 38,646.00 515,000.00 (476,354.00)8% 3610 Investment Income (0062)5.08 5.08 5.08 3690.1 Other Revenue HAP 30,000.00 (30,000.00)0% TOTAL INCOME 41,388.08 41,388.08 610,000.00 (568,611.92)7% EXPENSES 4140 Staff Training 4,400.00 4,400.00 0% 4150 Travel 250.00 250.00 0% 4190 Other Admin Expenses (Apps, Service Charges)11.00 11.00 400.00 389.00 3% 4190.01 Manuals, Subscriptions 8,500.00 8,500.00 0% 4190.08 Consulting Fees 1,500.00 1,500.00 0% 4190.2 Management Fees-OTC 47,000.00 47,000.00 0% 4715.1 HAP Occupied Units 32,418.00 32,418.00 455,000.00 422,582.00 7% 4715.P HAP-Portability Out 4,944.00 4,944.00 60,000.00 55,056.00 8% 4716.P Port Out Admin Fee 198.17 198.17 2,400.00 2,201.83 8% TOTAL EXPENSES 37,571.17 37,571.17 579,450.00 541,878.83 6% SURPLUS 3,816.91 3,816.91 30,550.00 (26,733.09)12% Otter Tail County Housing Redevelopment Authority Operating Statement One Month Ending 01/31/2026 Program: Housing Choice Vouchers Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 1:44:02 PM Printed by: Julie Bakken 34/59 Period Amount Balance ASSETS 1111 Cash Unrestricted 2,912.91 119,234.50 1129 A/R Tenants 904.00 904.00 TOTAL ASSETS 3,816.91 120,138.50 LIABILITIES AND SURPLUS LIABILITIES 2112 A/P HAP 1,354.00 TOTAL LIABILITIES 1,354.00 SURPLUS 2700 Inc & Exp Clearing 4,078.69 2700 Inc & Exp Clearing (Unclosed 2025) (20,236.00) 2805 Restricted Net Position 26,005.74 2805 Restricted Net Position (Current Year) 1,284.00 1,284.00 2805 Restricted Net Position (Unclosed 2025) 37,136.00 2806 Unrestricted Position 38,696.49 2806 Unrestricted Position (Current Year) 2,532.91 2,532.91 2806 Unrestricted Position (Unclosed 2025) 29,286.67 TOTAL SURPLUS 3,816.91 118,784.50 TOTAL LIABILITIES AND SURPLUS 3,816.91 120,138.50 Otter Tail County Housing Redevelopment Authority Balance Sheet January 2026 Program: Housing Choice Vouchers Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 1:04:31 PM Printed by: Julie Bakken 35/59 Doc Num Voided Type #01-00000621-00-0 Jan 26 No INV #01-00010108-00-9 Jan 26 No INV #01-00010350-00-0 Jan 26 No INV #01-00010787-00-4 Jan 26 No INV #01-00041004-00-6 Jan 26 No INV #01-00041152-00-6 Jan 26 No INV #01-00041101-00-0 Jan 26 No INV #1129723 Jan 26 No INV #1130792 Jan 26 No INV #1130793 Jan 26 No INV #1130796 Jan 26 No INV #1130798 Jan 26 No INV #1130799 Jan 26 No INV #1130903 Jan 26 No INV #1143860 Jan 26 No INV #20072296 Jan 26 No INV #440572 Jan 26 No INV #480160 Jan 26 No INV #480161 Jan 26 No INV #991 721 5394 4 Jan 26 No INV 7561 No CHK 7562 No CHK 7563 No CHK7564NoCHK 7565 No CHK Doc Num Voided Type No OP No OP No OP No OP No OP 0109 No CHK 0111 No CHK 1074 No CHK 1368 No CHK 5027 No CHK 119.00GNH No CHK 11924GNH No CHK 18009GMH No CHK 18010GMH No CHK 2035-Jodi No CHK 2036-Jodi No CHK 22-110506104 No MO 22-112174684 No MO 22-115096467 No MO 22-115096571 No MO 55067736613 No MO GNH18118 No CHK GNH18119 No CHK GNH18322 No CHK GNH18323 No CHK01/26/2026 Payment - Check Yes $25.01 01/09/2026 Payment - Check Yes $183.30 01/26/2026 Payment - Check Yes $25.01 01/09/2026 Payment - Money Order Yes $988.50 01/09/2026 Payment - Check Yes $183.29 01/09/2026 Payment - Money Order Yes $146.26 01/23/2026 Payment - Money Order Yes $328.77 01/09/2026 Payment - Money Order Yes $360.00 01/05/2026 Payment - Money Order Yes $901.86 01/23/2026 Payment - Check Yes $500.00 01/26/2026 Payment - Check Yes $600.00 01/05/2026 Payment - Check Yes $50.73 01/05/2026 Payment - Check Yes $50.72 01/05/2026 Payment - Check Yes $119.00 01/05/2026 Payment - Check Yes $119.00 01/26/2026 Payment - Check Yes $248.69 01/09/2026 Payment - Check Yes $1,194.33 01/26/2026 Payment - Check Yes $167.00 01/09/2026 Payment - Check Yes $950.00 01/29/2026 Payment - Online Payment Yes $244.60 01/09/2026 Payment - Check Yes $240.16 01/12/2026 Payment - Online Payment Yes $881.32 01/27/2026 Payment - Online Payment Yes $410.85 01/04/2026 Payment - Online Payment Yes $40.00 01/10/2026 Payment - Online Payment Yes $660.00 Posted Deposits Control Date Document Description Cleared Amount Cleared: 4 $1,638.87 Uncleared: 21 $3,274.78 Total Payments: 25 $4,913.65 01/23/2026 NYM - Backed Up Toilet Yes $517.00 01/23/2026 Maintenance Materials No $29.97 01/23/2026 Henning - Check Furnace Yes $105.00 01/23/2026 Solar Salt Yes $44.40 01/12/2026 Gas No $100.52 01/09/2026 Water, Gas, Sewer Yes $972.47 01/31/2026 Gas No $242.74 01/31/2026 Gas No $254.54 01/20/2026 Electric No $88.50 01/31/2026 Gas No $314.69 01/20/2026 Electric No $67.88 01/20/2026 Electric No $154.44 01/20/2026 Electric No $72.02 01/20/2026 Electric No $104.48 01/20/2026 Electric No $61.06 01/20/2026 Electric No $82.68 01/20/2026 Electric No $52.02 01/20/2026 Electric No $111.73 01/30/2026 Water, Electric, Gas, Sewer No $376.57 01/30/2026 Water, Electric, Gas, Sewer No $254.94 01/27/2026 Water, Sewer No $141.97 01/30/2026 Water, Electric, Gas, Sewer No $275.81 01/27/2026 Water, Sewer No $126.78 01/27/2026 Water, Sewer No $109.68 Payment Date Document Description Cleared Amount 01/30/2026 Water, Electric, Gas, Sewer No $251.76 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 2 2/23/2026 2:15:50 PM Printed by: Julie Bakken 36/59 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing End of Report Total:50 $14,532.05 Tenant Accounting - 25 $9,618.40 Tenant Accounts 25 $9,618.40 Vendor Accounting Total 25 $4,913.65 Vendor Accounting - 20 $3,244.81 Vendor Accounting - 5 $1,668.84 Transaction Type Summary Transaction Type Count Amount Money Order (MO)5 $2,725.39 Total:50 $14,532.05 Invoice (INV)20 $3,244.81 Check (CHK)20 $6,325.08 Count Amount Online Payment (OP)5 $2,236.77 Project Summary Program - Project Payments Deposits Public Housing - Family $4,913.65 $9,618.40 Total:$4,913.65 $9,618.40 Document Type Summary Document Type Cleared: 25 $9,618.40 Uncleared: 0 $0.00 Total Deposits: 25 $9,618.40 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 2/23/2026 2:15:50 PM Printed by: Julie Bakken 37/59 8% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rental 6,730.00 6,730.00 42,000.00 (35,270.00)16% 3401.1 HUD Operating Subsidy 2,759.40 2,759.40 43,000.00 (40,240.60)6% 3401.2 HUD Capital Funds-Operations/Admin 7,000.00 (7,000.00)0% 3401.3 HUD Capital Funds-Project 35,000.00 (35,000.00)0% 3610 Interest Income (5673/0070)4.57 4.57 4.57 3690 Other Income (NSF, Late Fee, GR Support)21,000.00 (21,000.00)0% 3690.1 Water Charge Income 702.17 702.17 7,500.00 (6,797.83)9% 3690.2 Electric Charge Income 1,017.95 1,017.95 13,000.00 (11,982.05)8% 3690.3 Gas Charge Income 1,765.88 1,765.88 10,800.00 (9,034.12)16% 3690.31 Sewer Charge Income 791.16 791.16 7,500.00 (6,708.84)11% 3690.4 Other Tenant Charges (Maint)1,500.00 (1,500.00)0% TOTAL INCOME 13,771.13 13,771.13 188,300.00 (174,528.87)7% EXPENSES 4130 Legal 2,000.00 2,000.00 0% 4140 Staff Training 5,000.00 5,000.00 0% 4150 Travel 300.00 300.00 0% 4171 Audit 2,400.00 2,400.00 0% 4190 Other Admin Expenses (Reports, Apps)600.00 600.00 0% 4190.01 Manuals, Subscriptions 1,300.00 1,300.00 0% 4190.06 Advertising 200.00 200.00 0% 4190.08 Consulting Fees 2,400.00 2,400.00 0% 4190.2 Management Fees-OTC 20,000.00 20,000.00 0% 4310 Water 7,500.00 7,500.00 0% 4320 Electric (794.81)(794.81)13,000.00 13,794.81 -6% 4330 Gas 10,800.00 10,800.00 0% 4331 Sewer 7,500.00 7,500.00 0% 4400 Maintenance - Tools & Equip 100.00 100.00 0% 4410 Maintenance - Labor 622.00 622.00 (622.00) 4420 Maintenance - Materials 29.97 29.97 10,000.00 9,970.03 0% 4430 Maintenance - Contracts 22,000.00 22,000.00 0% 4431 Garbage and Trash Removal Contracts 500.00 500.00 0% 4510 Insurance 28,850.00 28,850.00 35,000.00 6,150.00 82% 4520 PILOT 6,034.00 6,034.00 0% 4521 Assessments 1,050.00 1,050.00 0% 4570 Collection Loss 500.00 500.00 0% 4580 Interest Expense (on Security Deposits)75.00 75.00 0% 4600 Capital Fund Projects 35,000.00 35,000.00 0% TOTAL EXPENSES 28,707.16 28,707.16 183,259.00 154,551.84 16% SURPLUS (14,936.03)(14,936.03)5,041.00 (19,977.03)-296% Otter Tail County Housing Redevelopment Authority Operating Statement One Month Ending 01/31/2026 Program: Public Housing Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 2:08:19 PM Printed by: Julie Bakken 38/59 Period Amount Balance ASSETS 1111 Cash 7,750.47 99,506.58 1114 Tenant Security Deposit Cash 10,925.02 1122 A/R Tenants (117.58)1,646.62 1122.1 Allowance for Doubtful Accts (200.00) 1129 A/R Other 0.83 1400.5 Accumulated Depreciation (1,196,522.77) 1400.6 Land 32,990.31 1400.7 Buildings 1,687,791.45 TOTAL ASSETS 7,632.89 636,138.04 LIABILITIES AND SURPLUS LIABILITIES 2111 Vendors/Contractors (1,016.87) 2114 Tenant Security Deposits 10,925.02 2119 Accounts Payable (3,757.87)(418.66) 2119.1 A/P Admin 418.66 2240 Tenants Prepaid Rent (1,506.34)1,097.96 2250 Prepaid Expenses 28,850.00 TOTAL LIABILITIES 22,568.92 12,022.98 SURPLUS 2700 Income/Expense Clearing Account (98,087.27) 2700 Income/Expense Clearing Account (Current Year) (14,936.03)(14,936.03) 2700 Income/Expense Clearing Account (Unclosed 2025) (35,914.51) 2802 Invested in Capital Assets, Net of Related Debt 679,466.94 2806 Unrestricted Net Position 93,585.93 TOTAL SURPLUS (14,936.03)624,115.06 TOTAL LIABILITIES AND SURPLUS 7,632.89 636,138.04 Otter Tail County Housing Redevelopment Authority Balance Sheet January 2026 Program: Public Housing Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 2:08:18 PM Printed by: Julie Bakken 39/59 Doc Num Voided Type 1051 No CHK 1052 No CHK 1053 No CHK 1054 No CHK 1055 No CHK 0200002351007 DEC 2025 No INV 0200002371003 DEC 2025 No INV 20118158 DEC 2025 No INV 20118160 DEC 2025 No INV 20118163 DEC 2025 No INV 20118164 DEC 2025 No INV 20118165 DEC 2025 No INV Doc Num Voided Type 1001 No CHK 1262 No CHK 3003 No CHK 5100 No CHK 5102 No CHK 5566 No CHK 5628 No CHK ACH-MA-V No DDE ACH-MAC-V No DDE ACH-MAC-V No DDE Direct Deposit-MAC-V No CHK Direct-MAC-V No DDE End of Report Total:24 $7,749.15 Tenant Accounting - 1 $198.55 Tenant Accounts 1 $198.55 Tenant Accounts 12 $5,412.99 Tenant Accounting - 12 $5,412.99 Vendor Accounting - 4 $653.05 Vendor Accounting Total 11 $2,137.61 Transaction Type Summary Transaction Type Count Amount Vendor Accounting - 7 $1,484.56 Total:24 $7,749.15 Invoice (INV)7 $1,484.56 Direct Debit (DDE)4 $1,143.50 Count Amount Check (CHK)13 $5,121.09 Project Summary Program - Project Payments Deposits Finding Home I LLC - $2,336.16 $5,412.99 Total:$2,336.16 $5,412.99 Document Type Summary Document Type Cleared: 12 $5,412.99 Uncleared: 0 $0.00 Total Deposits: $5,412.99 01/27/2026 Payment - Check Yes $362.50 01/22/2026 Payment - Direct Debit Yes $56.00 01/12/2026 Payment - Direct Debit Yes $362.50 01/12/2026 Payment - Direct Debit Yes $362.50 01/02/2026 Payment - Check Yes $1,036.14 01/12/2026 Payment - Direct Debit Yes $362.50 01/02/2026 Payment - Check Yes $950.00 01/27/2026 Payment - Check Yes $950.00 01/27/2026 Payment - Check Yes $214.31 01/02/2026 Payment - Check Yes $6.54 01/02/2026 Payment - Check Yes $362.50 01/27/2026 Payment - Check Yes $387.50 Posted Deposits Control Date Document Description Cleared Amount 01/08/2026 ELECTRIC No $250.78 Cleared: 5 $920.37 Uncleared: 7 $1,415.79 Total Payments: $2,336.16 01/08/2026 ELECTRIC No $208.16 01/08/2026 ELECTRIC No $214.31 01/08/2026 ELECTRIC No $210.59 01/08/2026 ELECTRIC No $204.11 01/06/2026 WATER/SEWER Yes $202.63 01/06/2026 WATER/SEWER Yes $193.98 01/23/2026 MAINTENANCE SUPPLIES Yes $285.96 01/23/2026 MAINTENANCE SUPPLIES No $129.29 01/23/2026 Payment Jan 26 No $198.55 01/23/2026 SOLAR SALT Yes $68.60 Payment Date Document Description Cleared Amount 01/09/2026 GARBAGE Yes $169.20 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Finding Home I LLC Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 12:02:33 PM Printed by: Julie Bakken 40/59 8% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Rent Revenue 3,507.00 3,507.00 55,450.00 (51,943.00)6% 3210 Replacement Reserves (Emergency/Updating)2,100.00 (2,100.00)0% 3610 Interest Income 3.09 3.09 10.00 (6.91)31% 3690 Other Income (NSF, Late Fees)(76.00)(76.00)100.00 (176.00)-76% 3690.4 Other Tenant Charges (Maint)360.00 360.00 360.00 TOTAL INCOME 3,794.09 3,794.09 57,660.00 (53,865.91)7% EXPENSES 4130 Legal 1,500.00 1,500.00 0% 4171 Audit 3,000.00 3,000.00 0% 4190.06 Advertising/Marketing/Printing 526.68 526.68 750.00 223.32 70% 4310 Water 2,750.00 2,750.00 0% 4320 Electric (2,100.05)(2,100.05)750.00 2,850.05 -280% 4331 Sewer 2,500.00 2,500.00 0% 4410 Maintenance-Labor 2,000.00 2,000.00 0% 4420 Maintenance-Materials 415.25 415.25 3,000.00 2,584.75 14% 4430 Maintenance-Contracts 16,500.00 16,500.00 0% 4431 Garbage/Trash Removal 169.20 169.20 2,550.00 2,380.80 7% 4510 Insurance 5,460.47 5,460.47 6,000.00 539.53 91% 4520 PILOT (Payment in Lieu of Taxes)3,705.00 3,705.00 0% 4521 Property Taxes/Assessments 250.00 250.00 0% 4580 Interest Expense (on Security Deposits)35.00 35.00 0% TOTAL EXPENSES 4,471.55 4,471.55 45,290.00 40,818.45 10% SURPLUS (677.46)(677.46)12,370.00 (13,047.46)-5% Otter Tail County Housing Redevelopment Authority Operating Statement One Month Ending 01/31/2026 Program: Finding Home I LLC Project: Consolidated Percent of Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 10:20:04 AM Printed by: Julie Bakken 41/59 Period Amount Balance ASSETS 1111 Cash 3,680.34 33,461.01 1114 Tenant Security Deposit Cash 9.25 4,664.70 1122 A/R Tenants (542.05)613.05 1400.5 Accumulated Depreciation (29,229.94) 1400.6 Land 13,500.00 1400.7 Buildings 1,456,410.28 TOTAL ASSETS 3,147.54 1,479,419.10 LIABILITIES AND SURPLUS LIABILITIES 2111 Vendors/Contractors 194.74 2114 Tenant Security Deposit (925.00)3,730.45 2119 Accounts Payable (2,118.55) 2240 Tenant Prepaid Rents 950.00 2,772.46 2250 Prepaid Expenses 5,723.81 TOTAL LIABILITIES 3,825.00 6,502.91 SURPLUS 2700 Income/Expense Clearing Account 1,487,913.10 2700 Income/Expense Clearing Account (Current Year) (677.46)(677.46) 2700 Income/Expense Clearing Account (Unclosed 2025) (14,319.45) TOTAL SURPLUS (677.46)1,472,916.19 TOTAL LIABILITIES AND SURPLUS 3,147.54 1,479,419.10 Otter Tail County Housing Redevelopment Authority Balance Sheet January 2026 Program: Finding Home I LLC Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 2/23/2026 10:20:03 AM Printed by: Julie Bakken 42/59 43/59Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register General Revolving (GR) Posted Payments DocNum 192 193 194 195 196 1685 1686 1687 1688 1689 1690 1691 1692 1693 www.pha•web.com Pa'f_ment Voided IYmz Document Descrig_tion Date 02/06/2026 No DD Per Diem/Mileage Feb 26 02/06/2026 No DD Per Diem/Mileage Feb 26 02/06/2026 No DD Per Diem/Mileage Feb 26 02/06/2026 No DD Per Diem/Mileage Feb 26 02/06/2026 No DD Per Diem/Mileage Feb 26 02/06/2026 No CHK Lead Paint Testing (Dunwell) 02/06/2026 No CHK HTFARUC2025-01 (Clauson) 02/06/2026 No CHK Jan 2026 Payroll, Postage, Acct Serv, Office 02/13/2026 No CHK HTF ARUC 2026-01 02/20/2026 No CHK SCDP Construction Commercial PRCom2025-01 02/20/2026 No CHK Floor Install -Pelican Rapids -Heaton 02/20/2026 No CHK Document Destruction 02/20/2026 No CHK POS SCHED -CRIME Renewal April 2026-2027 02/20/2026 No CHK Mileage/Meal Reimb Feb 26 GR Cleared: 13 Uncleared: 1 Total Payments: 14 Project Summary Program -Proiect General Revolving (GR) -Payments $239,754.48 Deg_osits $0.00 Total: Document Twe Direct Deposit (DD) Check (CHK) Total: $239,754.48 Document Type Summary Count 5 9 14 Transaction Type Summary $0.00 Amount $434.46 $239,320.02 $239,754.48 Transaction T'f_g_e Count Amount Vendor Accounting -14 $239,754.48 Vendor Accounting Total _________ 14 ____ ___;$_2_3~9, ..... 7_5_4._4_8 Total: 14 $239,754.48 0 2026 Milnagement Computer Services, Inc. {MCS) Page 1 of 1 Cleared Amount Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes $82.98 $93.85 $77.90 $75.00 $104.73 $700.00 $46.00 $49,962.30 $165,000.00 $17,356.00 $6,000.00 $36.00 $173.00 $46.72 $222,398.48 $17,356.00 $239,754.48 3/212026 3:01 :38 PM Printed by: o~wn Godel 44/59Otter Tail County Housing Redevelopment Authority Operating Statement Two Months Ending 02/28/2026 Program: General Revolving (GR) Project: Consolidated Period YTD Amount Amount INCOME 3610 Interest Income 3703/5353/3741/0054 141.71 3,963.50 3690.01 SCDP Administration (DEED) -All Communities 3690.02 SCDP City/Grant Funds -All Communities 3691 Levy Revenue 3693.05 CHIP Rental Rehab Revolving Loan Payments 1,421.87 2,084.87 3694 HTF Contributions 3697 Owner Match Revenue 411.00 TOTAL INCOME 1,563.58 6,459.37 EXPENSES 4130 Legal 4140 Staff Training 475.00 4150 Travel 46.72 46.72 4170 Accounting 5,000.00 5,000.00 4171 Audit 4190 Other Administrative Expenses 36.00 36.00 4190.01 Manuals, Subscriptions 4190.02 Office Supplies 95.95 114.45 4190.03 Postage 315.24 315.24 4190.05 Dues 993.48 4190.06 Advertising 4190.08 Consulting Fees 21.00 21.00 4190.2 Management Fees-OTC Admin 38,918.11 38,918.11 4210 Board Member Payments 434.46 934.17 4420 Maintenance -Materials 363.13 4430.1 Misc Contracts -Software 7,594.00 4510 Insurance 173.00 15,574.35 4570 Housing Choice Voucher Payroll Operating Support 5,612.00 5,612.00 4570.1 Housing Choice Voucher Program Support 4580. 1 Public Housing Program Support 4590.01 SCDP O & E Reports 95.00 4590.02 SCDP Lead Based Paint Testing 700.00 700.00 4590.03 SCDP Construction (DEED) 13,983.35 18,890.39 4590.04 SCDP Recording Fees 4592.01 HOP Demolition/Site Clearance 4593.02 CAP Property Acquisition 4593.03 CAP Consulting Fees 4593.04 CAP Architect/Engineering 4593.05 CAP Legal Fees 4597.01 County Assistance Repay Principal (BUDGET USE ONLY 4597.02 County Assistance Repay lnterest-N Fields Dalton {2,037.21) 4598 Owner Match Expense 9,372.65 9,372.65 4694 Housing Trust Fund 4694.04 HTF Affordable Rental Unit Constr (ARUC) Repayment 165,046.00 165,046.00 TOTAL EXPENSES 239,754.48 268,064.48 SURPLUS {238,190.90} {261,605.11} www.pha•web.com Cl 2026 Managf!,nent Compulcr Services, Inc. (MCS) Page 1 of 1 Percent of the Year Annual Budget 8,000.00 67,500.00 450,000.00 1,610,431.00 9,800.00 75,000.00 3,000.00 2,223,731.00 20,000.00 6,000.00 500.00 30,000.00 20,750.00 5,000.00 1,000.00 1,700.00 2,500.00 1,500.00 2,000.00 40,000.00 643,985.00 5,000.00 12,500.00 53,000.00 30,000.00 20,000.00 1,425.00 10,000.00 439,310.00 690.00 45,000.00 25,000.00 5,000.00 5,000.00 5,000.00 35,326.00 15,128.00 3,000.00 375,000.00 1,860,314.00 363,417.00 Remaining Budget {4,036.50) (67,500.00) (450,000.00) (1,610,431.00) {7,715.13) (75,000.00) (2,589.00} (2,217,271.63) 20,000.00 5,525.00 453.28 25,000.00 20,750.00 4,964.00 1,000.00 1,585.55 2,184.76 506.52 2,000.00 39,979.00 605,066.89 4,065.83 (363.13) 4,906.00 37,425.65 {5,612.00) 30,000.00 20,000.00 1,330.00 9,300.00 420,419.61 690.00 45,000.00 25,000.00 5,000.00 5,000.00 5,000.00 35,326.00 17,165.21 {6,372.65) 375,000.00 (165,046.00} 1,592,249.52 {625,022.11} J/2/2026 2:41:41 PM Prlntedby:DawnGodel 17% 50% 0% 0% 0% 21% 0% 14% 0% 0% 8% 9% 17% 0% 1% 0% 7% 13% 66% 0% 0% 6% 19% 61% 29% 0% 0% 7% 7% 4% 0% 0% 0% 0% 0% 0% 0% -13% 312% 0% 14% -72% 45/59Otter Tail County Housing Redevelopment Authority Balance Sheet February 2026 Program: General Revolving (GR) Project: Consolidated ASSETS 1111 Cash 1111.1 Certificates of Deposit 1111.4 Committed for Housing Trust Fund 1113 Cash Rental Rehab 1130.1 Loan Receivable-Rental Rehab 1130.2 Loan Receivable-Down Payment Assistance 1130.3 Loan Receivable-Tax Levy Rehab Provision 1130.4 Loan Receivable-Homeowner Rehab 1130.9 Loan Allowance 1400.6 Land TOTAL ASSETS LIABILITIES AND SURPLUS LIABILITIES 2130.1 OTC Long-Term Loan TOT AL LIABILITIES SURPLUS 2700 Income/Expense Clearing Account 2700 Income/Expense Clearing Account (Current Year) 2700 Income/Expense Clearing Account (Unclosed 2025) 2806 Unrestricted Net Position 2806 Unrestricted Net Position (Current Year) 2806 Unrestricted Net Position (Unclosed 2025) TOT AL SURPLUS TOTAL LIABILITIES AND SURPLUS www.pha-web.com 0 2026 Management Computer Services, Inc. (MCS) Page 1ofl Period Amount Balance (239,612.82) 2,768,135.05 157,744.35 769,935.00 1,421.92 7,099.75 44,478.49 124,920.00 195,983.97 25,577.19 (221,561.16) 26,400.00 (238,190.90) 3,898,712.64 (238,190.90) (238,190.90) (238,190.90) 756,412.33 756,412.33 360,032.25 2,037.21 (30,544.26) 2,235,266.52 (263,642.32) 839,150.91 3,142,300.31 3,898,712.64 3/2/2026 2:41 :40 PM Printed by: Dawn Godel 46/59Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers Posted Payments Doc Num Pa'i_ment Voided lYJ2§. Document DescriQ.tion Cleared Amount Date 1781 02/01/2026 No DD HAP Payment Feb 26 Yes $504.00 1782 02/01/2026 No DD HAP Payment Feb 26 Yes $1,080.00 1783 02/01/2026 No DD HAP Payment Feb 26 Yes $386.00 1784 02/01/2026 No DD HAP Payment Feb 26 Yes $700.00 1785 02/01/2026 No DD HAP Payment Feb 26 Yes $820.00 1786 02/01/2026 No DD HAP Payment Feb 26 Yes $494.00 1787 02/01/2026 No DD HAP Payment Feb 26 Yes $400.00 1788 02/01/2026 No DD HAP Payment Feb 26 Yes $350.00 1789 02/01/2026 No DD HAP Payment Feb 26 Yes $525.00 1790 02/01/2026 No DD HAP Payment Feb 26 Yes $4,171.00 1791 02/01/2026 No DD HAP Payment Feb 26 Yes $323.00 1792 02/01/2026 No DD HAP Payment Feb 26 Yes $399.00 1793 02/01/2026 No DD HAP Payment Feb 26 Yes $269.00 1794 02/01/2026 No DD HAP Payment Feb 26 Yes $533.00 1795 02/01/2026 No DD HAP Payment Feb 26 Yes $833.00 1796 02/01/2026 No DD HAP Payment Feb 26 Yes $589.00 1797 02/01/2026 No DD HAP Payment Feb 26 Yes $2,784.00 1798 02/01/2026 No DD HAP Payment Feb 26 Yes $1,149.00 1799 02/01/2026 No DD HAP Payment Feb 26 Yes $650.00 1800 02/01/2026 No DD HAP Payment Feb 26 Yes $377.00 1801 02/01/2026 No DD HAP Payment Feb 26 Yes $2,070.00 1802 02/01/2026 No DD HAP Payment Feb 26 Yes $1,354.00 1803 02/01/2026 No DD HAP Payment Feb 26 Yes $427.00 1804 02/01/2026 No DD HAP Payment Feb 26 Yes $321.00 1805 02/01/2026 No DD HAP Payment Feb 26 Yes $576.00 1806 02/01/2026 No DD HAP Payment Feb 26 Yes $931.00 1807 02/01/2026 No DD HAP Payment Feb 26 Yes $360.00 1808 02/01/2026 No DD HAP Payment Feb 26 Yes $507.00 1809 02/01/2026 No DD HAP Payment Feb 26 Yes $463.00 1810 02/01/2026 No DD HAP Payment Feb 26 Yes $496.00 1811 02/01/2026 No DD HAP Payment Feb 26 Yes $457.00 1812 02/01/2026 No DD HAP Payment Feb 26 Yes $284.00 1813 02/01/2026 No DD HAP Payment Feb 26 Yes $460.00 1814 02/01/2026 No DD HAP Payment Feb 26 Yes $333.00 1815 02/01/2026 No DD HAP Payment Feb 26 Yes $268.00 1816 02/01/2026 No DD HAP Payment Feb 26 Yes $950.00 1817 02/01/2026 No DD HAP Payment Feb 26 Yes $359.00 1818 02/01/2026 No DD Port Out Payment Feb 26 Yes $1,147.52 6857 02/01/2026 No CHK HAP Payment Feb 26 Yes $305.00 6858 02/01/2026 No CHK HAP Payment Feb 26 Yes $335.00 6859 02/01/2026 No CHK HAP Payment Feb 26 Yes $700.00 6860 02/01/2026 No CHK HAP Payment Feb 26 Yes $274.00 6861 02/01/2026 No CHK HAP Payment Feb 26 Yes $1,427.00 6862 02/01/2026 No CHK HAP Util Payment Feb 26 Yes $18.00 6863 02/01/2026 No CHK HAP Util Payment Feb 26 Yes $12.00 6864 02/01/2026 No CHK HAP Util Payment Feb 26 Yes $97.00 6865 02/01/2026 No CHK HAP Util Payment Feb 26 Yes $58.00 6866 02/01/2026 No CHK HAP Util Payment Feb 26 Yes $212.00 6867 02/01/2026 No CHK HAP Util Payment Feb 26 Yes $34.00 6868 02/01/2026 No CHK HAP Util Payment Feb 26 Yes $51.00 6869 02/01/2026 No CHK Port Out Payment Feb 26 Yes $1,215.30 www.pha~web.com 312/2026 3:16:29 PM ~ 10 2026 M1nagement Computer Services, Inc. (MCS) Page 1 of 2 Printed by: Dawn Godel 47/596870 6871 6872 6873 6874 Posted Deposits DocNum 1035 www.pha•web.com Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers 02/01/2026 No CHK Port Out Payment Feb 26 Yes 02/01/2026 No CHK Port Out Payment Feb 26 Yes 02/06/2026 No CHK Hearing Prep & Write Up Yes 02/06/2026 No CHK Jan 26 Mileage Reimb Yes 02/06/2026 No CHK Jan 26 Payroll Yes Cleared: 56 Uncleared: 0 Total Payments: 56 Control Date Voided rtQ§_ Document DescriQ.tion Cleared 02/20/2026 No CHK Payment -Check Yes Project Summary Program -Proiect Payments Housing Choice $38,724.40 Total: $38,724.40 Document Type Summary Document TyQ.e Count Check (CHK) 19 Direct Deposit (DD) 38 Total: 57 Cleared: 1 Uncleared: 0 Total Deposits: 1 DeQ_osits $904.00 $904.00 Amount $10,528.88 $29,099.52 $39,628.40 Transaction Type Summary Transaction TYQ.e Count Amount Port/Sub Out -Payment 4 $5, 142.17 ---------'-~--Po rt ab i Ii t y /Subsidy Out 4 $5, 142. 17 -------~--HAP Accounting -49 $31,475.00 HAP Accounting Total 49 $31,475.00 Vendor Accounting -3 $2,107.23 Vendor Accounting Total 3 $2,107.23 Tenant Accounting -1 $904.00 Tenant Accounts 1 $904.00 Total: 57 $39,628.40 C ' .;_; ·· • , ,. 4 '" Cl 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 $955.81 $1,823.54 $270.00 $15.23 $1,822.00 $38,724.40 $0.00 $38,724.40 Amount $904.00 $904.00 $0.00 $904.00 312/2026 3:18:29 PM Printed hv: Dawn Godel 48/59Otter Tail County Housing Redevelopment Authority Operating Statement Two Months Ending 02/28/2026 Program: Housing Choice Vouchers Project: Consolidated Period YTD Amount Amount INCOME 3110 Dwelling Rent HAP Repayment 904.00 3301 Admin Subsidy 1,832.00 3,665.00 3301.1 HAP Subsidy 37,381.00 76,027.00 3610 Investment Income (0062) 4.74 9.82 3690.1 Other Revenue HAP TOTAL INCOME 39,217.74 80,605.82 EXPENSES 4140 Staff Training 4150 Travel 15.23 15.23 4190 Other Admin Expenses (Apps, Service Charges) 11.00 4190.01 Manuals, Subscriptions 4190.08 Consulting Fees 270.00 270.00 4190.2 Management Fees-OTC 1,822.00 1,822.00 4715.1 HAP Occupied Units 31,475.00 63,893.00 4715.P HAP-Portability Out 4,944.00 9,888.00 4716.P Port Out Admin Fee 198.17 396.34 TOT AL EXPENSES 38,724.40 76,295.57 SURPLUS 493.34 41310.25 www.pha-web.com Cl 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 Percent of Year 17% Annual Budget 65,000.00 515,000.00 30,000.00 610,000.00 4,400.00 250.00 400.00 8,500.00 1,500.00 47,000.00 455,000.00 60,000.00 21400.00 579,450.00 301550.00 Remaining Budget 904.00 (61,335.00) 6% (438,973.00) 15% 9.82 (30,000.00} 0% (529,394.18) 13% 4,400.00 0% 234.77 6% 389.00 3% 8,500.00 0% 1,230.00 18% 45,178.00 4% 391,107.00 14% 50,112.00 16% 2,003.66 17% 503,154.43 13% {261239.75} 14% 3/212026 3:06:05 PM Printed by: Dawn Godet 49/59Otter Tail County Housing Redevelopment Authority Balance Sheet February 2026 Program: Housing Choice Vouchers ASSETS 1111 Cash Unrestricted TOT AL ASSETS LIABILITIES AND SURPLUS LIABILITIES 2112 A/P HAP TOTAL LIABILITIES SURPLUS 2700 Inc & Exp Clearing 2700 Inc & Exp Clearing (Unclosed 2025) 2805 Restricted Net Position 2805 Restricted Net Position (Current Year) 2805 Restricted Net Position (Unclosed 2025) 2806 Unrestricted Position 2806 Unrestricted Position (Current Year) 2806 Unrestricted Position (Unclosed 2025) TOTAL SURPLUS TOTAL LIABILITIES AND SURPLUS www.pha-web.com Cl 2026 Management Computer Services, Inc. (MCS) Page lof l Project: Consolidated Period Amount Balance 493.34 120,631.84 -------493 .34 120,631.84 ======= 1,354.00 1,354.00 4,078.69 (20,236.00) 26,005.74 962.00 2,246.00 37,136.00 38,696.49 (468.66) 2,064.25 29,286.67 493.34 119,277.84 -------493.34 120,631.84 ======= 312/2026 3:06:04 PM Printed by: Dawn Godel 50/59Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing Posted Payments Doc Num Pa't_ment Voided IY@ Document Descrig_tion Cleared Amount Date #01-00000683-00-0 Jan 26 02/02/2026 No INV Water, Sewer Yes $88.54 #01-00000684-00-1 Jan 26 02/02/2026 No INV Water, Sewer Yes $94.20 #991 721 5394 4 Jan 26 02/09/2026 No INV Gas No $116.61 7566 02/06/2026 No CHK 504 & 506 Marshall, Henning; Yes $9,425.34 7567 02/06/2026 No CHK Jan 26 Payroll Yes $5,362.84 7568 02/06/2026 No CHK Furnace Serviced 210 Larson Yes $138.00 7569 02/20/2026 No CHK Solar Salt Yes $56.00 7570 02/20/2026 No CHK Maintenance Materials No $23.06 7571 02/20/2026 No CHK Water, Gas, Sewer Yes $962.09 7572 02/20/2026 No CHK Mileage/Meal Reimb Feb 26 Yes $25.38 Cleared: 8 $16,152.39 Uncleared: 2 $139.67 Total Payments: 10 $16,292.06 Posted Deposits Doc Num Control Date Voided IY@ Document Descrie.tion Cleared Amount 02/02/2026 No OP Payment -Online Payment Yes $110.95 02/03/2026 No OP Payment -Online Payment Yes $474.00 02/07/2026 No OP Payment -Online Payment Yes $40.00 02/07/2026 No OP Payment -Online Payment Yes $800.00 02/12/2026 No OP Payment -Online Payment Yes $300.00 02/14/2026 No OP Payment -Online Payment Yes $995.20 02/23/2026 No CHK Payment -Check Yes $433.70 02/23/2026 No CHK Payment -Check Yes $247.25 02/26/2026 No OP Payment -Online Payment Yes $456.42 0113 02/13/2026 No CHK Payment -Check Yes $254.94 167 02/02/2026 No CHK Payment -Check Yes $585.00 1031 02/02/2026 No CHK Payment -Check Yes $88.50 1032 02/02/2026 No CHK Payment -Check Yes $835.00 1370 02/02/2026 No CHK Payment -Check Yes $438.68 5030 02/13/2026 No CHK Payment -Check Yes $1,276.57 18382 02/13/2026 No CHK Payment -Check Yes $130.27 18383 02/13/2026 No CHK Payment -Check Yes $128.27 18543 02/23/2026 No CHK Payment -Check Yes $26.96 18544 02/23/2026 No CHK Payment -Check Yes $26.95 18218-GNH 02/02/2026 No CHK Payment -Check Yes $119.00 18221-GNH 02/02/2026 No CHK Payment -Check Yes $119.00 18332-GNH 02/02/2026 No CHK Payment -Check Yes $70.99 18333-GMH 02/02/2026 No CHK Payment -Check Yes $70.98 22-110506225 02/02/2026 No MO Payment -Money Order Yes $540.00 22-115096760 02/13/2026 No MO Payment -Money Order Yes $181.70 38043724770 02/02/2026 No MO Payment -Money Order Yes $45.00 Direct Deposit -RR 02/25/2026 No OP balance paid in full Yes $4,462.10 Direct Deposit-RR 02/25/2026 No OP Rev Recap balance NOT pd in Yes $2,945.00 full Cleared: 28 $16,202.43 Uncleared: 0 $0.00 Total Deposits: 28 $16,202.43 www.pha-web.com 3/3/2026 6;39:09 AM IC 2026 Milnagement Computer Services, lnc. (MCS) Page, or 2 Printed by: Dawn Godel 51/59Unposted Payments Doc Num #1129723 Feb 26 #1130792 Feb 26 #1130793 Feb 26 #1130796 Feb 26 #1130798 Feb 26 #1130799 Feb 26 #1130903 Feb 26 #1143860 Feb 26 #20072296 Feb 26 Unposted Deposits DocNum www.pha-web.com 0 2026 Man;1gement Computer Services, Inc. (MCS) Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing Pa'l._ment Voided JyQ§_ Document DescriQ.tion Date 02/18/2026 No INV Electric 02/18/2026 No INV Electric 02/18/2026 No INV Electric 02/18/2026 No INV Electric 02/18/2026 No INV Electric 02/18/2026 No INV Electric 02/18/2026 No INV Electric 02/18/2026 No INV Electric 02/18/2026 No INV Electric Cleared: 0 Uncleared: 9 Cleared No No No No No No No No No Total Payments: 9 Control Date Voided JyQ§_ Document DescriQ.tion Cleared 02/28/2026 No OP Payment -Online Payment No Project Summary Program -Proiect Pa'l._ments Public Housing -Family $17,165.13 Total: $17,165.13 Document Type Summary Document Twe Count Online Payment (OP) 10 Check (CHK) 23 Invoice (INV) 12 Money Order (MO) 3 Total: 48 Cleared: 0 Uncleared: 1 Total Deposits: 1 DeQ_osits $16,445.04 $16,445.04 Amount $10,826.28 $20,844.77 $1,172.42 $766.70 $33,610.17 Transaction Type Summary Transaction T'/._Q_e Count Amount Vendor Accounting -12 $1,172.42 Vendor Accounting -7 $15,992.71 ---------'---------Vendor Accounting Total 19 $17,165.13 --------------Tenant Accounting -Tenant Accounts Total: Page 2 or 2 29 $16,445.04 29 $16,445.04 48 $33,610.17 Amount $47.91 $130.97 $78.28 $112.38 $65.79 $74.09 $67.06 $202.92 $93.67 $0.00 $873.07 $873.07 Amount $242.61 $0.00 $242.61 $242.61 3/3/2026 6:39:09 AM Printed by: Dawn Godel 52/59Otter Tail County Housing Redevelopment Authority Operating Statement Two Months Ending 02/28/2026 Program: Public Housing Project: Consolidated Percent of Year 17% Period Amount INCOME 3110 Dwelling Rental 6,302.00 3401.1 HUD Operating Subsidy 2,759.40 3401.2 HUD Capital Funds-Operations/Admin 3401.3 HUD Capital Funds-Project 8,126.00 3450.1 Revenue Recapture 7,407.10 3610 Interest Income (5673/0070) 4.49 3690 Other Income (NSF, Late Fee, GR Support) 125.00 3690.1 Water Charge Income 525.05 3690.2 Electric Charge Income 1,141.42 3690.3 Gas Charge Income 1,793.65 3690.31 Sewer Charge Income 645.44 3690.4 Other Tenant Charges (Maint) 100.00 TOTAL INCOME 28,929.55 EXPENSES 4130 Legal 4140 Staff Training 4150 Travel 25.38 4171 Audit 4190 Other Admin Expenses (Reports, Apps) 4190.01 Manuals, Subscriptions 4190.06 Advertising 4190. 08 Consulting Fees 4190.2 Management Fees-OTC 5,362.84 4310 Water 730.39 4320 Electric 1,063.16 4330 Gas 1,894.17 4331 Sewer 818.53 4400 Maintenance -Tools & Equip 4410 Maintenance -Labor 1,164.00 4420 Maintenance -Materials 296.40 4430 Maintenance -Contracts 56.00 4431 Garbage and Trash Removal Contracts 4510 Insurance 4520 PILOT 4521 Assessments 4570 Collection Loss 4580 Interest Expense (on Security Deposits) 4600 Capital Fund Projects 8,126.00 TOTAL EXPENSES 191536.87 SURPLUS 91392.68 www.pha-web.com () 2026 Management Computer Services, Inc, (MCS) Page 1 of 1 YTD Annual Amount Budget 13,032.00 42,000.00 5,518.80 43,000.00 7,000.00 8,126.00 35,000.00 7,407.10 9.06 125.00 21,000.00 1,227.22 7,500.00 2,159.37 13,000.00 3,559.53 10,800.00 1,436.60 7,500.00 100.00 1,500.00 42,700.68 188,300.00 2,000.00 5,000.00 25.38 300.00 2,400.00 600.00 1,300.00 200.00 2,400.00 5,362.84 20,000.00 730.39 7,500.00 268.35 13,000.00 1,894.17 10,800.00 818.53 7,500.00 100.00 1,786.00 326.37 10,000.00 56.00 22,000.00 500.00 28,850.00 35,000.00 6,034.00 1,050.00 500.00 75.00 8,126.00 35,000.00 481244.03 1831259.00 {51543.35} 51041.00 Remaining Budget (28,968.00) 31% (37,481.20) 13% (7,000.00) 0% (26,874.00) 23% 7,407.10 9.06 (20,875.00) 1% (6,272.78) 16% (10,840.63) 17% (7,240.47) 33% (6,063.40) 19% {1,400.00} 7% (145,599.32) 23% 2,000.00 0% 5,000.00 0% 274.62 8% 2,400.00 0% 600.00 0% 1,300.00 0% 200.00 0% 2,400.00 0% 14,637.16 27% 6,769.61 10% 12,731.65 2% 8,905.83 18% 6,681.47 11% 100.00 (1,786.00) 9,673.63 3% 21,944.00 0% 500.00 0% 6,150.00 82% 6,034.00 0% 1,050.00 0% 500.00 0% 75.00 0% 26,874.00 23% 1351014.97 26% { 101584.35} -110% 3/3/2026 6:33:08 AM Printed by: Dawn Godel 53/59Otter Tail County Housing Redevelopment Authority Balance Sheet February 2026 Program: Public Housing Project: Consolidated Period Amount Balance ASSETS 1111 Cash 1114 Tenant Security Deposit Cash 1122 AIR Tenants 1122.1 Allowance for Doubtful Accts 1129 AIR Other 1400.5 Accumulated Depreciation 1400.6 Land 1400.7 Buildings TOT AL ASSETS LIABILITIES AND SURPLUS LIABILITIES 2114 Tenant Security Deposits 2119 Accounts Payable 2119.1 AIPAdmin 2240 Tenants Prepaid Rent TOT AL LIABILITIES SURPLUS 2700 Income/Expense Clearing Account 2700 Income/Expense Clearing Account (Current Year) 2700 Income/Expense Clearing Account (Unclosed 2025) 2802 Invested in Capital Assets, Net of Related Debt 2806 Unrestricted Net Position TOTAL SURPLUS TOTAL LIABILITIES AND SURPLUS www.pha-web.com itl 2026 Management Computer Services, Inc. (MCS) Page lof 1 7,555.45 107,062.03 10,925.02 1,838.23 3,484.85 (200.00) 0.83 (1,196,522.77) 32,990.31 1,687,791.45 9,393.68 645,531.72 ======= 1.00 1.00 9,392.68 9,392.68 9,393.68 10,925.02 (418.66) 418.66 1,098.96 12,023.98 (98,087.27) (5,543.35) (35,914.51) 679,466.94 93,585.93 633,507.74 645,531.72 3/2/2026 3:26:20 PM Printed by: Dawn Godel 54/59Posted Payments DocNum 1056 1057 1058 1059 0200002351007 JAN 0200002371003 JAN 20118158 JAN 26 20118160 JAN 26 20118161 JAN 26 20118163 JAN 26 20118164 JAN 26 20118165 JAN 26 Posted Deposits DocNum 3001 5103 6104 12601 12602 WWW pha-web.com Cl 2026 Management Computer Services, lnc, (MC5) Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Finding Home I LLC Pa'f_ment Voide ill Document Descrig_tion 02/06/2026 No CHK TRENCHER RENTAL 02/06/2026 No CHK SUPPLIES 02/20/2026 No CHK SOLAR SALT 02/20/2026 No CHK GARBAGE 02/03/2026 No INV WATER/SEWER 02/03/2026 No INV WATER/SEWER 02/05/2026 No INV ELECTRIC 02/05/2026 No INV ELECTRIC 02/05/2026 No INV ELECTRIC 02/05/2026 No INV ELECTRIC 02/05/2026 No INV ELECTRIC 02/05/2026 No INV ELECTRIC Cleared: 6 Uncleared: 6 Cleared Yes Yes Yes Yes Yes Yes No No No No No No Total Payments: 12 Control Date Voide ill Document Descrig_tion Cleared 02/26/2026 No CHK Payment -Check Yes 02/02/2026 No CHK Payment -Check Yes 02/02/2026 No CHK Payment -Check Yes 02/02/2026 No CHK Payment -Check Yes 02/02/2026 No CHK Payment -Check Yes Cleared: 5 Uncleared: 0 Total Deposits: 5 Project Summary Program -Proiect Pa'i_ments Finding Home I LLC -$2,317.83 Total: $2,317.83 Document Type Summary Document T'i_Q.e Count Check (CHK) 9 Invoice (INV) 8 Total: 17 Transaction Type Summary Deg_osits $2,334.24 $2,334.24 Amount $2,725.83 $1,926.24 $4,652.07 Transaction TVQ.e Count Amount Vendor Accounting -8 $1,926.24 Vendor Accounting -4 $391.59 ---------'---Vendor Accounting 12 $2,317.83 -------~--Tenant Accounting -Tenant Accounts Total: Page 1 of 1 5 $2,334.24 5 $2,334.24 17 $4,652.07 Amount $200.00 $10.79 $11.60 $169.20 $203.41 $193.81 $235.87 $256.14 $194.78 $267.94 $271.97 $302.32 $788.81 $1,529.02 $2,317.83 Amount $271.97 $158.16 $950.00 $204.11 $750.00 $2,334.24 $0.00 $2,334.24 3/2/2026 4:01 :04 PM Printed by: Dawn Godel 55/59Otter Tail County Housing Redevelopment Authority Operating Statement Two Months Ending 02/28/2026 Program: Finding Home I LLC Project: Consolidated Period YTD Amount Amount INCOME 3110 Rent Revenue 3,400.00 6,907.00 3210 Replacement Reserves (Emergency/Updating) 3610 Interest Income 0.39 3.48 3690 Other Income (NSF, Late Fees) (76.00) 3690.4 Other Tenant Charges (Maint) 360.00 TOTAL INCOME 3,400.39 7,194.48 EXPENSES 4130 Legal 4171 Audit 4190.06 Advertising/Marketing/Printing 526.68 4310 Water 209.22 209.22 4320 Electric 1,715.06 (384.99) 4331 Sewer 188.00 188.00 4410 Maintenance-Labor 4420 Maintenance-Materials 10.79 426.04 4430 Maintenance-Contracts 211.60 211.60 4431 Garbage/Trash Removal 169.20 338.40 4510 Insurance 5,460.47 4520 PILOT (Payment in Lieu of Taxes) 4521 Property Taxes/Assessments 4580 Interest Expense (on Security Deposits) TOT AL EXPENSES 21503.87 61975.42 SURPLUS 896.52 219.06 www.pha-web.com Cl 2026 M1n1gement Computer Services, Inc. (MCS) Page 1 of 1 Percent of Year 17% Annual Budget 55,450.00 2,100.00 10.00 100.00 57,660.00 1,500.00 3,000.00 750.00 2,750.00 750.00 2,500.00 2,000.00 3,000.00 16,500.00 2,550.00 6,000.00 3,705.00 250.00 35.00 451290.00 121370.00 Remaining Budget (48,543.00) 12% (2,100.00) 0% (6.52) 35% (176.00) -76% 360.00 (50,465.52) 12% 1,500.00 0% 3,000.00 0% 223.32 70% 2,540.78 8% 1,134.99 -51% 2,312.00 8% 2,000.00 0% 2,573.96 14% 16,288.40 1% 2,211.60 13% 539.53 91% 3,705.00 0% 250.00 0% 35.00 0% 381314.58 15% {121150.94} 2% 3/3/2026 6:22:48 AM Printed by: Dawn Godel 56/59Otter Tail County Housing Redevelopment Authority Balance Sheet February 2026 Program: Finding Home I LLC Project: Consolidated ASSETS 1111 Cash 1114 Tenant Security Deposit Cash 1122 AIR Tenants 1400.5 Accumulated Depreciation 1400.6 Land 1400.7 Buildings TOT AL ASSETS LIABILITIES AND SURPLUS LIABILITIES 2114 Tenant Security Deposit 2240 Tenant Prepaid Rents TOT AL LIABILITIES SURPLUS 2700 Income/Expense Clearing Account 2700 Income/Expense Clearing Account (Current Year) 2700 Income/Expense Clearing Account (Unclosed 2025) TOTAL SURPLUS TOTAL LIABILITIES AND SURPLUS www.pha-web.com 10 2026 Milnilgl!!ml!!nt Computer Services, Inc. (MCS) Page 1 of 1 Period Amount Balance (1,217.61) 32,243.40 4,664.70 163.35 776.40 (29,229.94) 13,500.00 1,456,410.28 (1,054.26) 1,478,364.84 (1,950.78) (1,950.78) 896.52 896.52 (1,054.26) 3,730.45 821.68 4,552.13 1,487,913.10 219.06 (14,319.45) 1,473,812.71 1,478,364.84 3/V2026 3:53:59 PM Printed by: Dawn Godel OTTER TAIL COUNTY HOUSING AND REDEVELOPMENT AUTHORITY REQUEST FOR BOARD ACTION _April 1, 2026__ BOARD MEETING DATE AGENDA ITEM #4B Rehabilitation ORIGINATING DEPARTMENT/SERVICE Tanya Westra 03/25/2026 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Resolution No. 333 Committing Housing Trust Funds for the New York Mills Small Cities Development Program Grant Application PROPOSED REQUEST/JUSTIFICATION In November 2025, the HRA submitted a pre-application on behalf of the City of New York Mills to the Minnesota Department of Employment and Economic Development’s Small Cities Development Program (SCDP). On January 28, 2026, the HRA was notified that the pre-application was invited back for the full application process. The full application, due on April 15, 2026, will seek funds totaling $460,000 to rehabilitate 10 owner occupied homes and 6 single family rental units. The HRA administers a program in which a homeowner may utilize up to $7,000 in leverage funds to aid in the rehabilitation of their home, as most projects exceed the $25,000 SCDP maximum. Leverage funds offered by the HRA are repaid at the time a homeowner refinances an existing mortgage or sells their home and is secured with a lien on the property. A 20% project match is required of rental unit owners. The HRA also administers a loan program, by which owners may borrow up to $20,000, repaid monthly over a term of 10 years at 2% interest to rehabilitate their rental property. If the application is funded, and all owner-occupied and rental applicants utilize maximum leverage/loan funds, a total of $190,000 would be needed over the course of the 30-month grant period. The SCDP application process is highly competitive. Having committed leverage funds strengthens the application making it more likely to be funded. It is recommended that the HRA Board of Commissioners commit to make available leverage funds not to exceed $190,000 over the duration of the New York Mills Small Cities Development Program Grant. This commitment will allow the Executive Director to submit a letter of financial support with the full application. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED EXECUTIVE DIRECTOR DATE: Amy Baldwin 03/27/2024 ATTACHMENT LIST: Resolution No. 333 FINANCIAL IMPLICATIONS: $190,000 over multiple years BUDGETED: X YES NO FUNDING: Housing Trust Fund COMMENTS 57/59 RESOLUTION NO. 333 RESOLUTION COMMITTING HOUSING TRUST FUNDS FOR THE NEW YORK MILLS SMALL CITIES DEVELOPMENT PROGRAM GRANT APPLICATION WHEREAS, the Otter Tail County Housing and Redevelopment Authority (the “Authority”) is empowered to carry out housing and redevelopment programs within its jurisdiction; and WHEREAS, the city of New York Mills (collectively known as the “City”) contacted the Authority to survey and submit the preapplication for the Small Cities Development Program (collectively known as “SCDP”) Grant offered by the Minnesota Department of Employment and Economic Development; and WHEREAS, the Authority submitted the Preapplication in November 2025 which has been deemed “competitive”; and WHEREAS, the Authority has been invited to submit a full application that is due by April 15, 2026, for rehabilitation of 10 owner-occupied and 6 single family rental units; and WHEREAS, the Authority administers the Residential Owner-Occupied Leverage Program through the Housing Trust Fund to increase the likelihood of approval of applications from other resources; and WHEREAS, the Authority administers the Rent Rehab Loan Program through the Housing Trust Fund that can be utilized to meet the owner match required by the SCDP program; and WHEREAS, to pledge its support of the SCDP application, the Authority will commit a total of $190,000 to be used if the application is funded and for the duration of the grant. NOW, THEREFORE, IT IS HEREBY RESOLVED: 1. HRA staff work in conjunction with the City of New York Mills to submit the full application to the Minnesota Department of Employment and Economic Development for the Small Cities Development Program grant. 2. That the Chairperson and Executive Director are hereby empowered to execute the Administrative Contracts with the City of New York Mills, if approved. 3. That the Executive Director is hereby empowered to undertake any action necessary to implement the administration of the Program. Upon the motion of________________________, seconded by______________________, and passed on a _________________vote, the above resolution is hereby adopted by the Otter Tail County Housing and Redevelopment Authority Board of Commissioners. Adopted this 1st day of April 2026. 58/59 Dated: _______________________________ OTTER TAIL COUNTY HRA BOARD OF COMMISSIONERS Attest:________________________________ By:_______________________________ 59/59