US HIGHWAY 441/27

COMMUNITY REDEVELOPMENT AGENCY

                            

AGENDA MEMORANDUM

Meeting Date:           September 12, 2011

 

From:                          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 US Highway 441/27 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 US Highway 441/27 Community Redevelopment Agency.

 

Analysis:

As seen in Attachment A, Fiscal Analysis for the three year period ending August 31, 2011 there will be approximately $10,364,351 available that can be carried forward and spent in fiscal year 2011-12.  As shown in attachment B, the total funding appropriation for the US Highway 441/27 CRA for fiscal year 2011-12 Budget is 698,506.  The projects planned for the 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 US Highway 441/27 Community Redevelopment Agency; or

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

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

 

Submission Date and Time:    9/8/2011 7:07 PM____

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   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 _____________________