HomeMy WebLinkAboutCDCRes2016.09.02ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.Alk -C q-0A (Cpe)
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
ADOPTING THE FY 2016-2017 FISCAL YEAR BUDGET
WHEREAS, to be effective October 1, 2016, the Anna Community Development
Corporation (the "CDC") and subject to approval of the City of Anna City Council, the
Board of directors of the CDC desires to approve and adopt the CDC budget for the
2016-17 fiscal year;
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 Fiscal Year 2016-17 Budget
The CDC Board of Directors hereby approves adopting the Anna Community
Development Corporation 2016-2017 fiscal year budget as set forth in Exhibit A,
attached hereto and incorporated herein for all purposes as if set forth in full, subject to
approval by the City of Anna City Council.
PAS§ED AND APPROVED by the Anna Community Development Corporation this
1 ay of ,'>A-� f-Grn,�� , 2016.
/_1»00ITLI:I
Jo Houcek, CDC President
CDC OF ANNA, TEXAS RESOLUTIONNO., G -G;� (Cp�J PAGE 1 OF 1
CDC FY 17 Exhibit A
DETAIL
FY 2016
FY 2017
ACCOUNTS / CATEGORIES
BUDGET
ACTUAL
ESTIMATED
PROPOSED
% CHG
6208 OFFICE SUPPLIES
$450
$12
$100
$250
11.11%
6209 OTHER SUPPLIES - MISC.
$300
$0
$0
$250
500.00%
6210 CLOTHING SUPPLIES
$0
$0
$0
$0
0.00%
6212 POSTAGE
$50
$0
$10
$50
100.00%
TOTAL SUPPLIES
$800
$12
$110
$550
0.00%
6700 ECONOMIC DEVELOPMENT GRANT
$0
$0
$0
$0
0.00%
EXPENSE
6703 CONTRACT SERVICES
$14,400
$600
$12,500
$17,500
805.56%
6711TRAVELEXPENSE
$250
$0
$250
$250
2620.00%
6721 EDUCATION AND TRAINING
$500
$0
$250
$250
560.00%
6731 PUBLIC NOTICES - ADVERTISING
$0
$0
$200
$200
0.00%
6735 PROMOTION EXPENSE
$37,000
$12,220
$34,000
$34,800
37.84%
6753 LEGAL EXPENSE
$12,000
$608
$8,000
$11,000
25.00%
6755 AUDIT EXPENSE
$2,500
$109
$2,500
$2,500
0.00%
6756 ENGINEERING
$0
$0
$0
$0
0.00%
6761 DUES, PUBLICATIONS, PERMITS AND
$250
$0
$0
$250
160.00%
LICENSES
6783 TELECOM
$0
$0
$0
$0
0.00%
6789 DEBT -SERVICE PRINCIPAL
$82,000
$82,000
$82,000
$83,000
258.54%
6790 INTEREST EXPENSE
$56,400
$28,625
$56,327
$55,000
193.38%
6799 OTHER SERVICES - MISC.
$80,000
$40,600
$80,000
$90,000
-100.00%
TOTAL SERVICES
$285,300
$164,762
$276,027
$294,750
0.00%
6912 BOND COST
$0
$0
$0
$0
0.00%
6921 BUILDINGS AND IMPROVEMENTS
$0
$0
$0
$0
0.00%
6941 OTHER CAPITAL EXPENDITURES
$60,000
$0
$435,000
$80,232
-56.78%
TOTAL CAPITAL EXPENDITURES
$60,000
$0
$435,000
$80,232
0.00%
8900 OTHER FINANCING USE - DEBT
$0
$0
$0
$0
0.00%
REFUNDINGS
9812 TRANSFERS OUT - GENERAL FUND
$0
$0
$0
$0
0.00%
TOTAL OTHER USES OF FUNDS
$0
$0
$0
$0
#NUM!
TOTAL825
$346,100
$164,774
$711,137
$375,532
0.00%