Item Coversheet

CITY OF HOUSTON - CITY COUNCIL
Meeting Date: 10/15/2019
District E, District I
Item Creation Date: 9/26/2019

MYR - TIRZ 06 Eastside FY20 Budget

Agenda Item#: 32.


 
                               
Summary:

(O)2019-0786 ORDINANCE relating to the Fiscal Affairs of REINVESTMENT ZONE NUMBER SIX, CITY OF HOUSTON, TEXAS (EASTSIDE ZONE); approving the Fiscal Year 2020 Operating Budget for the Zone - DISTRICT I - GALLEGOS

Background:

SUBJECT:  Ordinance approving the Fiscal Year 2020 Operating Budget for Reinvestment Zone Number Six (Eastside Zone)


RECOMMENDATION: (Summary)

City Council adopt an ordinance approving the Fiscal Year 2020 Operating Budget for Reinvestment Zone Number Six (Eastside Zone)

 

SPECIFIC EXPLANATION:

The Administration has undertaken a comprehensive review of the proposed FY20 TIRZ budgets and recommends approval of the FY20 Operating Budget for Reinvestment Zone Number Six (Eastside Zone).

 

  • Total Operating Budget for FY20 is $9,277,475, which includes $9,277,475 for required fund transfers to HISD as defined in the Interlocal Agreement between the City of Houston, Houston Independent School District and the Eastside Zone.

     

  • The FY20 Operating Budget does not have a municipal services charge; the Eastside Zone does not have a Capital Improvement Plan (CIP) Budget.

 

 

________________________________________________

Andrew F. Icken, Chief Development Officer 

 

Prior Council Action:
Ord. No. 2018-0661, 8/22/2018
Contact Information:

Gwendolyn F. Tillotson                          

Phone:  (832) 393-0937

ATTACHMENTS:
DescriptionType
CoversheetSigned Cover sheet