Title
Consider/Discuss/Act on Proposed FY 2019-2020 Budget
Summary
ITEM SUMMARY:
• Fund Balance at the end of FY19 will be $121,919 if entire FY18-19 budget is expended.
• Fund Balance at the end of FY20 will be $68,824 if entire FY19-20 budget is expended.
BACKGROUND INFORMATION:
• FY 18-19 Budget $68,680
FINANCIAL SUMMARY:
• MHFC receives an Annual Issuers Fee for Newsome Homes of $15,000