HomeMy WebLinkAboutCDCRes2014.08.02ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.,Aiq-C?-C;� ( ('06)
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
ADOPTING THE FY 2014-2015 FISCAL YEAR BUDGET
WHEREAS, to be effective October 1, 2014, 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
2014-15 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 2014-15 Budget
The CDC Board of Directors hereby approves adopting the Anna Community
Development Corporation current 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.
PASSED AND APPROVED by the Anna Community Development Corporation this
T'�` day of NY wz , 2014.
elf/91
J n Houcek, CDC President
CDC OF ANNA, TEXAS RESOLUTION NO. 6/q-(y C)JA (L-06) PAGE 1 OF 1
Exhibit A
CITY OF ANNA
FUND DEPARTMENT DIVISION
89 COMMUNITY DEVELOPMENT
CDC 825
CORPORATION
LINE ITEM DETAIL
LINE ITEMS ACTUAL BUDGET I ESTIMATED I PROPOSED I PLANNING
2013 2014 2014 2015 2016
6208 OFFICE SUPPLIES
$132
$750
$750
$500
$600
6209 OTHER SUPPLIES - MISC.
$53
$200
$200
$300
$300
6212 POSTAGE
$9
$50
$50
$50
$50
SUPPLIES TOTAL
$194
$1,000
$1,000
$850
$950
6700 ECONOMIC DEVELOPMENT GRANT
$0
$0
$0
$0
$0
EXPENSE
6703 CONTRACT SERVICES
$16,975
$15,000
$15,000
$10,000
$15,000
6711 TRAVEL EXPENSE
$0
$250
$250
$250
$250
6721 EDUCATION & TRAINING
$0
$250
$250
$500
$500
6731 PUBLIC NOTICES - ADVERTISING
$0
$0
$0
$0
$0
6735 PROMOTION EXPENSE
$20,875
$22,000
$22,000
$30,000
$27,500
6753 LEGAL EXPENSE
($273)
$10,000
$10,000
$10,000
$12,500
6761 DUES, PUBLICATIONS, PERMITS &
$0
$550
$550
$250
$250
LICENSES
6783 TELECOM
$0
$0
$0
$0
$0
6789 DEBT -SERVICE PRINCIPAL
$78,000
$79,000
$79,000
$80,000
$82,000
6790 INTEREST EXPENSE
$60,201
$59,975
$59,975
$58,160
$56,325
6799 OTHER SERVICES - MISC.
$42,500
$42,500
$62,500
$65,000
$48,000
SERVICES TOTAL
$218,279
$229,525
$249,525
$254,160
$242,325
6921 BUILDINGS & IMPROVEMENTS
$0
$0
$0
$0
$0
6941 OTHER CAPITAL EXPENDITURES
$36,550
$20,000
$0
$60,000
$100,000
CAPITAL EXPENDITURES TOTAL
$36,550
$20,000
$0
$60,000
$100,000
89-825E TOTAL $255,023 $250,525 $250,525 $315,010 $343,275