Each month, Constance Medina, CEO of the Denton Housing Authority, sends a packet of materials to the board ahead of their meeting.
This packet includes the monthly budget overview, a contracting and procurement record, reports from executive staff on programming outcomes,
and requests for approval on various documents and expenditures.
For the fifth month in a row, the budget overview is in the red - expenses exceed revenues.
When Constance reviews this with the board at their meeting, she receives little guidance or insight into turning it around.
The board wants to be helpful, but seems to be too out of the loop to provide much insight.
Constance explains that rent revenues have been low, and overhead expenses, including payroll and maintenance costs, have been high.