Finance

The Finance Department is organized into four areas: Treasury General Accounting Capital Funds Budget Office The Treasury handles the rents collected by the managers, subsidies received from governmental agencies, and all other accounts receivable. It invests all excess funds to maximize the rate of return earned under the guidelines set by HUD. The Treasury also is responsible for the security, printing and signing of all PHA outgoing checks. The Accounting Department collects and controls data about monthly financial transactions. It develops and produces reports to summarize and provide detail about the transactions for PHA management and outside reporting agencies. The Capital Funds Department administers all modernization, Hope VI and development grants. The staff approves construction budgets, monitors expenditures and reports the financial status on a monthly basis to PHA management. The department ensures accurate and timely financial management of all PHA projects. The Budget Office monitors all budgets for appropriate spending levels. All draft budgets are submitted to the Budget Office for compilation into the general PHA budget. Finance Department Dianne Rosenthal, Assistant Executive Director/ Administration 2012 Chestnut Street 4th Floor Philadelphia, PA 19103 Phone: (215) 684-4270 Fax: (215) 684-4277