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HomeMy WebLinkAboutRDA RDA FIN'CL RPT 07-07-86~ULY 1, 1986 TO: FROM: SUBJECT: WILLIAM A. HUSTON, CI1T P. ANAGER FINANCE DEPARTMENT RESOLUTION 86-7 ADOPTING THE 1986-87 CITY OF TUSTIN REDEVELOPMENT AGENCY FINANCIAL REPORT RECOMMENDATION Adopt Resolution 86-7 appropriating revenues and expenditures for the Financial Program of the City of Tustin Redevelopment Agency for fiscal year 1986-87. Per Agency action taken at a regular scheduled meeting on June 16, 1986. Ronald A. Nault Finance Director RAN: s kr ! 2 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 NO. RDA 86-7 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TUSTIN COM- MuNItY REDEVELOPMENT AGENCY, ADOPTING THE AGENCY BUDGET AND APPROPRIATING REVENUE OF THE AGENCY FOR FISCAL YEAR 1986-87. WHEREAS, in accordance with good fiscal policies the Executive Director has prepared and submitted to the Board of Directors a proposed annual budget for the 1986-87 fiscal year, beginning July 1, 1986; 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 Tustin Community Redevelop- ment Agency does hereby resolve, determine, and order that the following sums of money are hereby appropriated from the revenue of the Redevelopment Agency for the purposes stated, during the 1986-87 fiscal year. Operational Expenses Capital Improvements TOTAL APPROPRIATIONS 1985-86 $1,848,052 929~100 $2,777,152 PASSED AND ADOPTED at a regular meeting of the Redevelopment Agency of the City of Tustin, held on the 7th day of July, 1986. ATTEST: Donald J. Sal tarelli, Mayor Mary E. Wynn, Secretary