Loading...
HomeMy WebLinkAboutCRA-R-13-0009 Cover MemoSEOPW Board of Commissioners Meeting February 25, 2013 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM Board Chair Michelle Spence -Jones and Members of the CRA Board Date: February 15, 2013 13-00212 Subject: Resolution Approving the CRA's FY 2013 Amended Budget Clarence E. Woods, I11 References: Executive Director Enclosures: Legislation; Attachment BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") adopt the attached Resolution approving and adopting the amended Tax Increment Fund and General Operating Budget of the CRA for the fiscal year commencing October 1, 2012 and ending September 30, 2013. JUSTIFICATION: On July 30, 2012, the CRA's Board of Commissioners, by Resolution No. CRA-R-12-0050, approved and adopted the Tax Increment Fund and General Operating Budget for FY 2013 based on estimates of tax increments funds expected to be received in early January 2013. The Budget has been amended to reflect the amount of tax increment funds actually received in January 2013.