Title
Consider/Discuss/Act on the Fiscal Year 2014-2015 Annual Budget for Tax Increment Reinvestment Zone One (TIRZ No. 1 / Town Center)
Summary
MEETING DATE: September 3, 2014
DEPARTMENT: Financial Services
CONTACT: Rodney Rhoades
RECOMMENDED CITY COUNCIL ACTION:
· Approval of the FY15 Budget
ITEM SUMMARY:
· Expenditures are budgeted at $10,500.
· Planned revenues are $821,213 which will be added to fund balance.
BACKGROUND INFORMATION:
· TIRZ No. 1's reporting period was adjusted to match the city's fiscal year during the 2013 reporting period.
FINANCIAL SUMMARY:
· N/A
BOARD OR COMMISSION RECOMMENDATION:
· N/A