Title
Consider/Discuss/Act on the 2016 Annual Report for Tax Increment Reinvestment Zone Two (TIRZ No. 2 / Airport)
Summary
COUNCIL GOAL: Fiscally Sound Government
MEETING DATE: February 7, 2017
DEPARTMENT: Budget Department
CONTACT: Mark Holloway
RECOMMENDED CITY COUNCIL ACTION:
• Approval of 2016 Annual Report
ITEM SUMMARY:
• Amount and source of revenue:
o $610,871.52 from Ad Valorem and Sales & Use Taxes
• Amount and purpose of expenditures:
o General and Administrative Expense
• $4,500
BACKGROUND INFORMATION: N/A
FINANCIAL SUMMARY: N/A
BOARD OR COMMISSION RECOMMENDATION:
The Reinvestment Zone Number Two Board unanimously approved the 2016 Annual Report at their meeting held on January 23, 2017.