Board/Committee Agenda Item

MEETING DATE:  9/9/2019

SUBJECT:  Resolution CRA19-08: Relating to the CRA Budget for the 2019 - 2020 Fiscal Year; and revising the estimate of receipts and balances to be brought forward.

PREPARED BY:  Robert Bonetti, Finance and Administrative Services Director

RECOMMENDED ACTION:

(1) Receive the presentation; and (2) Adopt Resolution CRA19-08.

Summary

At its August 19, 2019 meeting, the proposed Community Redevelopment Agency (CRA) Budget for Fiscal Year (FY) 2019-2020 was presented to the Community Redevelopment Agency Advisory Board (CRAAB). The CRAAB unanimously moved to forward the proposed Fiscal Year 2019 - 2020 CRA budget to the CRA as presented at the meeting

The total amount of the proposed budget for Fiscal Year 2019 - 2020 is $690,668.