Title
Consider/Discuss/Act on the Fiscal Year 2015-2016 Annual Budget for Tax Increment Reinvestment Zone Two (TIRZ No. 2 / Airport)
Summary
MEETING DATE: September 1, 2015
DEPARTMENT: Financial Services
CONTACT: Rodney Rhoades
RECOMMENDED CITY COUNCIL ACTION:
• Approval of the FY16 Budget
ITEM SUMMARY:
• Expenditures are budgeted at $4,500.
• Planned revenues are $500,970 which will be added to fund balance.
BACKGROUND INFORMATION:
• TIRZ No. 2’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