GREATER LEESBURG

    COMMUNITY REDEVELOPMENT AGENCY      

 

Item No:                    3A.

 

Meeting Date:           September 10, 2012

 

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

                                    Bill Spinelli, Finance Director, CPA

 

Subject:                      Resolutions Amending the Budget for Fiscal Year 2011-12 and Adopting the Budget for Fiscal Year 2012-13 for the Greater Leesburg Community Redevelopment Agency

 

 


Staff Recommendation:

Staff recommends approval of the amended budget for fiscal year 2011-12 and the budget for the fiscal year 2012-13 for the Greater Leesburg Community Redevelopment Agency.

 

 

Analysis:

As reflected in Attachment A, Fiscal Analysis for the four year period ending August 31, 2012 projects a carryover approximating $325,631 of fund balance that can be spent in fiscal year 2012-13 for the Main Street component.  As shown in Attachment B, the total funding appropriation proposed for the GLCRA for fiscal year 2012-13 is $360,431.  The projects planned for this fiscal year are as follows:

 

 

Options:

1.  Approve the amended budget for fiscal year 2011-12 and the budget for fiscal year 2012-13 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:    9/6/2012 12:16 PM9/5/2012 10:15 AM____

 

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________