SUBJECT: Ordinance approving the Fiscal Year 2017 Operating Budget for Reinvestment Zone Number Six (Eastside Zone)
RECOMMENDATION: (Summary)
City Council adopt an ordinance approving the Fiscal Year 2017 Operating Budget for Reinvestment Zone Number Six (Eastside Zone)
SPECIFIC EXPLANATION:
The Administration has undertaken a comprehensive review of the proposed FY17 TIRZ budgets and recommends approval of the FY17 Operating Budget for Reinvestment Zone Number Six (Eastside Zone).
Total Operating Budget for FY17 is $6,493,206 which includes $6,493,206 for required fund transfers.
The FY17 Operating Budget does not have a municipal services charge; the Eastside Zone does not have a Capital Improvement Plan (CIP) Budget.
Attachments: FY17 Operating Budget
cc:
Marta Crinejo, Agenda Director
Anna Russell, City Secretary
Ronald Lewis, City Attorney
Gary Dzierlenga, Senior Assistant City Attorney