HomeMy WebLinkAboutEDCRes2019.05.01ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. .S. 1-UlL
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
REGARDING THE APPROVAL OF AND AUTHORITY TO AMEND THE 2018-2019
FISCAL YEAR BUDGET BY CARRYING FORWARD UNEXPENDED PROMOTIONAL
FUNDS IN THE AMOUNT OF $18,213.
WHEREAS, effective October 1, 2018, the Anna Economic Development Corporation
(the "EDC"), with the approval of the City of Anna City Council, approved its current fiscal
year budget; and
WHEREAS, the EDC seeks to make one or more line item amendments to its budget
due to additional funds being needed in the promotion line item (90-826-6735).
NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONOMIC
DEVELOPMENT CORPORATION, THAT:
Section 1. Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Adoption of Amendment to the Current Fiscal Year Budget
The EDC Board of Directors hereby approves amending the Anna Economic
Development Corporation current fiscal year budget as set forth in Exhibit A, amended
budget, attached hereto and incorporated herein for all purposes as if set forth in full. The
Board further directs that this amendment to the current fiscal year budget be submitted
to the City of Anna City Council for approval.
PASSED AND APPROVED by the Anna Economic Development Corporation this day
of om 2019.
APPROVED: // , / / ATTEST:
Anthony Rlchai
EDC President
FUND 90 90 ECONOMIC DEVELOPMENT CORPORATION �f C� l' �' %L
DEPT 6E EDC
DIV 6E 826
OBJECT ACCOUNT DESCRIPTION
2018
ACTUAL
2019
BUDGET
2019
AMENDED
2019
YTD
2019
ESTIMATE
2020
PROPOSED
6208 OFFICE SUPPLIES
$0
$0
$0
$0
$0
$0
6209 OTHER SUPPLIES -MISC.
$447
$500
$0
$136
$500
$0
6210 CLOTHING SUPPLIES
$0
$0
$0
$0
$0
$0
6212 POSTAGE
$0
$0
$0
$0
$0
$0
TOTALSUPPLIES
$447
$500
$0
$136
$500
$0
6303 MAINT. AND REPAIR- BUILDINGS
$3,082
$5,000
$0
$765
$5,000
$5,000
TOTAL MAINTENANCE
$3,082
$5,000
$0
$765
$5,000
$5,000
6703 CONTRACT SERVICES
$14,818
$58,300
$0
$2,490
$58,680
$8,680
670E IT SUPPORT SERVICES
$1,920
$500
$0
$497
$500
$500
6710 TRAVELITRAINING EXPENSE
$500
$0
$0
$0
$0
$0
6722 INSURANCE- PROPERTY AND LIABILITY
$1,450
$1,550
$0
$955
$955
$1,050
6735 PROMOTION EXPENSE
$0
$0
$0
$0
$18,213
$0
6753 LEGAL EXPENSE
$4,517
$7,500
$0
$1,059
$5,000
$5,000
6755 AUDIT EXPENSE
$2,240
$2,300
$0
$0
$2,300
$3,000
6756 ENGINEERING
$0
$0
$0
$0
$0
$0
6761 DUES, PUBLICATIONS, PERMITS AND LICENSES
$0
$0
$0
$0
$0
$0
6780 ELECTRICITY
$2,381
$2,000
$0
$972
$2,700
$2,850
6781 GAS- NATURAL/PROPANE
$848
$1,100
$0
$291
$1,000
$1,050
6782 CITY UTILITIES WATER/SEWER/TRASH
$1,449
$1,500
$0
$436
$1,800
$1,800
6783 TELECOM
50
$1,800
$0
$0
$1,800
$1,800
6789 DEBT -SERVICE PRINCIPAL
$0
$0
$0
$0
$0
$0
6790 INTEREST EXPENSE
$0
$0
$0
$0
$0
$0
6799 OTHER SERVICES- MISC.
$0
$0
$0
$0
$0
$0
TOTALSERVICES
$30,122
$76,550
$0
$6,700
$92,948
$25,730
6931 LAND AND IMPROVEMENTS
$0
$0
$0
$0
$0
$0
6941 OTHER CAPITAL EXPENDITURES
543,382
$0
$0
$0
$0
$0
TOTAL CAPITAL EXPENDITURES
$43,382
$0
$0
$0
$0
$0
9800 TRANSFERS OUT
$0
$0
$0
$0
$0
$0
TOTAL OTHER USES OF FUNDS
$0
$0
$0
SO
$0
$0