Legislation Details

File #: 17-0855    Version: 1 Name: Economic Development Fund Appropriation
Type: CC- Consent - Resolution Status: Agenda Ready
File created: 9/7/2017 In control: City Council
On agenda: 9/26/2017 Final action: 9/26/2017
Title: RESOLUTION - AMENDING THE FISCAL YEAR 2017-18 ADOPTED BUDGET TO APPROPRIATE $315,000 FROM FUND BALANCE IN THE SPECIAL REVENUE FUND KNOWN AS SRTBIA AND APPROPRIATE $883,298 FROM FUND BALANCE IN THE GENERAL FUND THAT IS DESIGNATED FOR ECONOMIC DEVELOPMENT PURPOSES ONLY RECOMMENDATION: It is recommended by the Finance Department and the Planning and Economic Development Department that the Council, by resolution, amend the fiscal year 2017-18 adopted budget to appropriate $315,000 from fund balance in the Special Revenue fund known as SRTBIA and appropriate $883,298 from fund balance in the General Fund that is designated specifically for Economic Development purposes only.
Sponsors: Planning and Economic Development
Indexes: Exempt Project
Attachments: 1. Attachment 1, 2. Staff Report, 3. Resolution, 4. Exhibit A, 5. Presentation