ORDINANCE relating to the Fiscal Affairs of REINVESTMENT ZONE NUMBER SIX, CITY OF HOUSTON, TEXAS (EASTSIDE ZONE); approving the Fiscal Year 2022 Operating Budget for the Zone – DISTRICT I - GALLEGOS

SUBJECT:  Ordinance approving the Fiscal Year 2022 Operating Budget for Reinvestment Zone Number Six (Eastside Zone)

RECOMMENDATION: City Council adopt an ordinance approving the Fiscal Year 2022 Operating Budget for Reinvestment Zone Number Six (Eastside Zone)

The Administration has undertaken a comprehensive review of the proposed FY22 TIRZ budgets and recommends approval of the FY22 Operating Budget for Reinvestment Zone Number Six (Eastside Zone).

· Total Operating Budget for FY22 is $9,863,321 which includes $9,838,321 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 FY22 Operating Budget does not have a municipal services charge; the Eastside Zone does not have a Capital Improvement Plan (CIP) Budget.

Ord. No. 2020-732, 08/26/2020

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Andrew F. Icken, Chief Development Officer

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 Gwendolyn Tillotson                                          Phone: (832.393.0937)