HomeMy WebLinkAboutRDA AGENCY BUDGET 09-05-95uATE: AUGUST 28, 1995
Inter Com
RDA NO. 3
9-5-95
WILLIAM A. HUSTON, EXECUTIVE DIRECTOR OF THE TUSTIN COMMUNITY
TO: REDEVELOPMENT AGENCY
FROM: FINANCE DEPARTMENT
SUBJECT: RESOLUTION RDA NO. 95-7 ADOPTING THE AGENCY BUDGET AND
APPROPRIATING REVENUE OF THE AGENCY FOR FISCAL YEAR 1995-96
RECOMMENDATION=
Adopt Resolution RDA No. 95-7, a Resolution of the Board of
'Directors of the Tustin Community Redevelopment Agency, adopting
the Agency's 1995-96 Budget of $12,163,836.
FISCAL IMPACT:
The Redevelopment Agency's action will adopt the expenditure
program for the 1995-96 fiscal year.
DISCUSSION:
The Draft 1995-96 Tustin Community Redevelopment Agency Budget was
included in the draft City Budget presented to Council in July and
August. During the two Budget Workshops the Agency's Operating and
Capital Improvement Budgets were discussed. Staff was directed to
propose a resolution for consideration by the agency at their Sept.
5th meeting. There have been no changes to the draft document.
Treasurer
RAN: ph
Attachment
a: resorda.957
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. 95-7
A RESOLUTION OF THE 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 1995-96.
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 1995-96 fiscal year,
beginning July 1, 1995; 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 hereby appropriated from the anticipated revenue
of the Redevelopment Agency for the purposes stated during
the 1995-96 fiscal year.
Operating Expenses
Debt Service
Capital Improvements
$ 1,449,400
7,961,600
2,752,836
TOTAL APPROPRIATIONS 1995-96
$ 12,163,836
PASSED AND ADOPTED at a regular meeting of the
community Redevelopment Agency of the City of Tustin held on
the 5th day of September , 1995.
ATTEST:
Jim. Potts
Chairperson
Valerie Crabill, Chief Deputy City Clerk
a: rdabgt95, rso