HomeMy WebLinkAboutEDCRes2013.08.04ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. PO /3- 00'014 Efl G
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
REGARDING THE APPROVAL OF AND AUTHORITY TO AMEND THE FY 2013-2014
FISCAL YEAR BUDGET
WHEREAS, the Anna Economic Development Corporation (the "EDC") approved a
budget for fiscal year 2014 on June 7, 2013;
WHEREAS, the EDC seeks to amend that budget due to an additional expense
necessary in the contract line item.
NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONCOMIC
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. Authority to Amend 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, 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 ND APPROVED by the Anna Economic Development Corporation this Y74
,
day of , 2013.
61
APPROVED:
0 �t ., A ri. ;
Constance Stump, EDC Presiden
EDC OF ANNA, TEXAS RESOLUTION NO�b�3 - EAG PAGE 1 OF 1
Exhibit A
CITY OF ANNA
FUND DEPARTMENT DIVISION
90 ECONOMIC DEVELOPMENT EDC 826
CORPORATION
LINE ITEM DETAIL
LINE ITEMS ACTUAL BUDGET I ESTIMATED I PROPOSED PLANNING
2013 2014 2014 2015 2016
6208 OFFICE SUPPLIES
$705
$750
$750
$800
$1,000
6209 OTHER SUPPLIES - MISC.
$1,237
$4,000
$4,000
$3,850
$3,850
6210 CLOTHING SUPPLIES
$0
$250
$250
$0
$0
6212 POSTAGE
$79
$75
$75
$100
$100
SUPPLIES TOTAL
$2,021
$5,075
$5,075
$4,750
$4,950
6703 CONTRACT SERVICES
$61,391
$58,210
$52,700
$57,600
$55,800
6711 TRAVEL EXPENSE
$2,912
$7,100
$7,100
$7,100
$0
6721 EDUCATION & TRAINING
$2,805
$4,100
$4,100
$4,400
$0
6722 INSURANCE - PROPERTY & LIABILITY
$800
$1,000
$1,000
$1,100
$0
6735 PROMOTION EXPENSE
$24,624
$22,000
$22,000
$30,000
$0
6753 LEGAL EXPENSE
$2,059
$13,500
$13,500
$13,000
$13,000
6761 DUES, PUBLICATIONS, PERMITS &
$315
$1,200
$1,200
$950
$0
LICENSES
6782 CITY UTILITIES WATER/SEWER/TRASH
$506
$1,000
$1,000
$1,000
$0
6783 TELECOM
$0
$0
$0
$0
$0
6789 DEBT -SERVICE PRINCIPAL
$63,449
$66,538
$66,538
$69,865
$74,200
6790 INTEREST EXPENSE
$26,562
$23,475
$23,475
$20,155
$16,000
6799 OTHER SERVICES - MISC.
$0
$0
$0
$0
$0
SERVICES TOTAL
$185,423
$198,123
$192,613
$205,170
$159,000
6931 LAND & IMPROVEMENTS
$0
$0
$0
$0
$0
6941 OTHER CAPITAL EXPENDITURES
$116,101
$51,500
$51,500
$105,000
$110,000
CAPITAL EXPENDITURES TOTAL
$116,101
$51,500
$51,500
$105,000
$110,000
90-826E TOTAL $303,545 $254,698 $249,188 $314,920 $273,950