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HomeMy WebLinkAboutCRA-R-11-0012 02-28-2011 Cover MemoOmni Board of Commissioners Meeting February 28, 2011 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Marc D. Sarnoff and Members of the CRA Board From: Pieter A. Bockweg Executive Director Date: February 18, 2011 File: 11-00134 Subject: Amended FY2011 Special Revenue Fund Budget References: Enclosures: Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Omni Redevelopment District 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. CRA-R-10-0092, passed and adopted on October 14, 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.