SUBJECT: Ordinance approving the Fiscal Year 2016 Operating Budget for the Harrisburg Redevelopment Authority.
RECOMMENDATION: (Summary)
City Council to adopt an ordinance approving the Fiscal Year 2016 Operating Budget for the Harrisburg Redevelopment Authority.
SPECIFIC EXPLANATION:
The Administration has undertaken a comprehensive review of the proposed FY16 TIRZ budgets and recommends approval of the FY16 Operating Budget for the Harrisburg Redevelopment Authority (the Authority).
Total Operating Budget for FY16 is $52,578, which includes $6,497 for required fund transfers, and $46,081 for Project Costs.
The FY16 Operating Budget includes $36,081 for administration and overhead.
The Zone must advise the Chief Development Officer of any budget amendments. Adjustments to the budget of $400,000 or more require City Council approval.
Attachments: FY16 Operating Budget
cc: Marta Crinejo, Agenda Director
Anna Russell, City Secretary
Donna Edmundson, City Attorney
Gary Dzierlenga, Senior Assistant City Attorney