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HomeMy WebLinkAboutRDA 02 BUDGET 00-01 08-07-00DATE: NO. RDA 2 08-07-00 ! n to r_ C o August 7, 2000 TO' FROM: SUBJECT: William A. Huston, Executive Director Ronald A. Nault, Finance Director RESOLUTION RDA NO. 00-5 ADOPTING THE AGENCY BUDGET AND APPROPRIATING REVENUE OF THE AGENCY FOR FISCAL YEAR 200012001 SUMMARY: The Agency is requested to approve the attached Resolution adopting the budget for the Tustin Community Redevelopment Agency for Fiscal Year 2000/2001. RECOMMENDATION' Adopt Resolution RDA No. 00-5, a Resolution of the Board of Directors of the Tustin Community Redevelopment Agency, adopting the Agency's 2000/2001 Budget of $11,084,692. FISCAL IMPACT: The Redevelopment Agency action will adopt the expenditure program for the 2000/2001 fiscal year. DISCUSSION: The Draft 2000/2001 Tustin Community Redevelopment Agency Budget was included in the Draft City Budget presented to the City Council at its workshop on July 17, 2000. There are no adjustments included in the recommended appropriations. Ronald A. Nault Finance Director RAN:ts Attachment BUDG:RDA2000~mge{$taffReport.0oc 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION RDA NO. 00-5 A RESOLUTION OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE AGENCY BUDGET AND APPROPRIATING FROM ANTICIPATED REVENUE OF THE AGENCY FOR THE FISCAL YEAR 2000-2001 WHEREAS, in accordance with good fiscal policies, the Executive Director of the Tustin Community Redevelopment Agency has prepared and submitted to the Board of Directors, a proposed Annual Budget for the 2000-2001 fiscal year, beginning July 1, 2000; and WHEREAS, the Board of Directors, as the legislative body of the Agency, has reviewed this proposed budget. NOW, THEREFORE, the Board of Directors of the Community Redevelopment Agency for the City of Tustin does hereby resolve, determine and order that the following sums of money are appropriated from the anticipated revenue of the Redevelopment Agency for the purposes stated during the 2000-2001 fiscal year. Operating Expenses Debt Service Capital Improvements 1,694,34o 3,093,586 6,296,766 TOTAL APPROPRIATIONS 2000-2001 $ 11,084,692 PASSED AND ADOPTED at a regular meeting of the Community Redevelopment Agency of the City of Tustin held on the 7th day of August, 2000. ATTEST: Jeffery M. Thomas Chairperson Pamela Stoker City Clerk