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Consider/Discuss/Act on Amending the McKinney Economic Development Corporation FY2020-21 Budget for Project Handle
summary
COUNCIL GOAL: Direction for Strategic and Economic Growth
MEETING DATE: April 20, 2021
DEPARTMENT: MEDC
CONTACT: Peter Tokar, President
RECOMMENDED ACTION:
• Staff recommends approval of the budget amendment.
ITEM SUMMARY:
• This budget amendment authorizes the appropriation of $10,700,000 from fund balance to the Economic Incentives line item for Project Handle.
FINANCIAL SUMMARY:
• $10,700,000 will be appropriated from fund balance to account 059-1257-463-8660 Economic Incentives.