HomeMy WebLinkAboutCDCRes2019.05.01ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO. S. 1 . Z(P I i I
A RESOLUTION OF THE ANNA COMMUNITY 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 $20,3130
WHEREAS, effective October 1, 2018, the Anna Community Development Corporation
(the "CDC"), with the approval of the City of Anna City Council, approved its current fiscal
year budget; and
WHEREAS, the CDC seeks to make one or more line item amendments to its budget
due to additional funds being needed in the promotion line item (89-825-6735).
NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY
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 CDC Board of Directors hereby approves amending the Anna Community
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 ANDAPPROVED by the Anna Community Development Corporation this
day of 2019.
CDC President
ATTEST:
Jim Gu i,
CDC Se tary
s /
89 COMMUNITY DEVELOPMENT %� �► �`
FUND 89 CORPORATION
DEPT 5E CDC
DIV 5E 825
OBJECT ACCOUNT DESCRIPTION
2018
ACTUAL
2019
BUDGET
2019
AMENDED
2019
YTD
2019
ESTIMATE
2020
PROPOSED
6101 SALARIES
$36,861
$65,407
$0
$21,284
$65,407
$67,698
6114 PAYROLL TAXES -CITY PART FICA
$2,725
$5,011
$0
$1,734
$5,011
$5,187
6121 HEALTH INSURANCE
$3,648
$9,322
$0
$781
$9,322
$9,322
6125 TMRS RETIREMENT
$5,200
$9,420
$0
$1,842
$9,420
$10,034
6126 UNEMPLOYMENT
$162
$250
$0
$0
$250
$250
6127 WORKERS COMPENSATION
$123
$233
$0
$116
$233
$242
6129 MISCELLANEOUS PAYROLL
$0
$100
$0
$100
$100
$100
TOTAL PAYROLL
$48,719
$89,743
$0
$25,856
$89,743
$92,832
6208 OFFICE SUPPLIES
$746
$500
$0
$25
$750
$1,000
6209 OTHER SUPPLIES - MISC.
$987
$1,800
$0
$424
$7,800
$3,000
6210 CLOTHING SUPPLIES
$0
$0
$0
$0
$0
$350
6212 POSTAGE
$17
$100
$0
$13
$100
$100
TOTAL SUPPLIES
$1,750
$2,400
$0
$462
$8,650
$4,450
6303 MAINT. AND REPAIR - BUILDINGS
$0
$0
$0
$0
$0
$0
TOTAL MAINTENANCE
$0
$0
$0
$0
$0
$0
6700 ECONOMIC DEVELOPMENT GRANT EXPENSE
$203,847
$210,870
$0
$0
$247,124
$360,210
6703 CONTRACT SERVICES
$86,055
$86,400
$0
$72,140
$111,370
$101,780
6722INSURANCE - PROPERTY AND LIABILITY
$3,500
$3,500
$0
$0
$0
$3,500
6731 PUBLIC NOTICES -ADVERTISING
$91
$250
$0
$0
$0
$250
6735 PROMOTION EXPENSE
$48,368
$90,000
$0
$24,000
$110,313
$112,519
6753 LEGAL EXPENSE
$10,217
$15,000
$0
$1,343
$15,000
$15,000
6755 AUDIT EXPENSE
$2,240
$2,300
$0
$0
$2,300
$3,000
6756 ENGINEERING
$3,577
$2,500
$0
$270
$0
$2,500
6761 DUES, PUBLICATIONS, PERMITS AND LICENSES
$625
$3,350
$0
$150
$3,350
$4,270
6782 CITY UTILITIES WATER/SEWER/TRASH
$0
$0
$0
$0
$0
$0
6783 TELECOM
$0
$0
$0
$0
$400
$1,400
6789 DEBT -SERVICE PRINCIPAL
$204,000
$210,000
$0
$210,000
$210,000
$215,000
6790INTEREST EXPENSE
$121,867
$116,883
$0
$59,874
$116,883
$110,876
6799 OTHER SERVICES - MISC.
$92,000
$56,424
$0
$23,280
$45,000
$70,000
6710TRAVEL/TRAINING EXPENSE
$8,416
$11,080
$0
$1,579
$16,600
$27,600
TOTAL SERVICES
$784,802
$808,557
$0
$392,636
$878,340
$1,027,905
6912 BOND COST
$0
$0
$0
$0
$0
$0
6921 BUILDINGS AND IMPROVEMENTS
$0
$0
$0
$0
$0
$0
6941 OTHER CAPITAL EXPENDITURES
$0
$0
$0
$0
$0
$0
TOTAL CAPITAL EXPENDITURES
$0
$0
$0
$0
$0
$0
8900 OTHER FINANCING USE - DEBT REFUNDINGS
$0
$0
$0
$0
$0
$0
9800 TRANSFERS OUT
$0
$0
$0
$0
$0
$0
9812 TRANSFERS OUT - GENERAL FUND
$0
$0
$0
$0
$0
$0
TOTAL OTHER USES OF FUNDS
$0
$0
$0
$0
$0
$0