HomeMy WebLinkAboutMCRA-R-11-0001 02-28-2011 Cover MemoMidtown Board of Commissioners Meeting
February 28, 2011
MIDTOWN
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Francis Suarez
and Members of the CRA Board
From: Clarence Woods Ju
Assistant Director
BACKGROUND:
Date: February 18, 2011 File: 11-00136
Subject: Amended FY2011 Special Revenue Fund
Budget
References:
Enclosures: Supporting Documentation; Legislation
It is recommended that the Board of Commissioners of the Midtown Community Redevelopment Agency
("CRA") adopt the attached Resolution approving and adopting the amended Special Revenue Fund Budget for
the fiscal year commencing October 1, 2010 and ending September 30, 2011.
JUSTIFICATION:
The Board of Commissioners, by Resolution No. MCRA-R-10-0003, passed and adopted on July 22, 2010,
approved and adopted the Special Revenue Fund Budget for Fiscal Year 2011 based on estimates of tax
increment funds to be received in January 2011. The budget has been amended to reflect the amount of tax
increment funds actually received.