HomeMy WebLinkAboutMCRA-R-12-0001 02-27-12 Cover MemoMidtown Board of Commissioners Meeting
February 27, 2012
MIDTOWN
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Francis Suarez
and Members of the CRA Board
From: Pieter A. Bockweg
Assistant Director
Date: February 17, 2012 File: 12-00177
Subject: Amended FY2012 Special Revenue Fund
Budget
References:
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
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, 2011 and ending September 30, 2012.
JUSTIFICATION:
The Board of Commissioners, by Resolution No. MCRA-R-11-0006, passed and adopted on July 28, 2011,
approved and adopted the Special Revenue Fund Budget for Fiscal Year 2012 based on estimates of tax
increment funds to be received in January 2012. The budget has been amended to reflect the amount of tax
increment funds actually received.