GREATER LEESBURG

COMMUNITY REDEVELOPMENT AGENCY

         

                  

AGENDA MEMORANDUM

 

 

Meeting Date:           September 12, 2011

 

From:                          Kenneth L. Thomas, Director of Housing & Economic Development

                                    Jerry Boop, Finance Director, CPA, CGFO

 

Subject:                      Resolutions Amending the Budget for Fiscal Year 2010-11 and Adopting the Budget for Fiscal Year 2011-12 for the Greater Leesburg Community Redevelopment Agency

 

 

Staff Recommendation:

Staff recommends approval of the amended budget for fiscal year 2010-11 and the budget for the fiscal year 2011-12 for the Greater Leesburg Community Redevelopment Agency.

 

Analysis:

As reflected in Attachment A, Fiscal Analysis for the four year period ending August 31, 2011 projects a carryover approximating $409,479 of fund balance that can be spent in fiscal year 2011-12 for the Main Street component.  As shown in Attachment B, the total Funding appropriation proposed for the GLCRA for fiscal year 2011-12 is $536,977.  The projects planned for this fiscal year are as follows:

 

 

Options:

 

  1. Approve the amended budget for fiscal year 2010-11 and the budget for fiscal year 2011-12 for the Greater Leesburg Community Redevelopment Agency; or
  2. Such other action as directed by the CRA.

 

Fiscal Impact:

The budget is necessary to appropriate funds and complete the activities approved by the Community Redevelopment Agency.

 

 

 

 

 

 

 

Submission Date and Time:    9/8/2011 7:04 PM____

 

Department: ____Finance___________

Prepared by:  ____Brandy McDaniel____                     

Attachments:         Yes_x___   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head _JB____

 

Finance  Dept. _____JB__________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________