HomeMy WebLinkAboutRes 2012-02-08 Amendment to the EDC FY 2011-2012 BudgetCITY OF ANNA, TEXAS
RESOLUTION NO. 2012-02-08
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS
AUTHORIZING AND APPROVING THE ANNA ECONOMIC DEVELOPMENT
CORPORATIONS' REQUEST FOR A BUDGET AMMENDMENT
WHEREAS, the City of Anna intends to allow and approve a budget amendment to the
Anna EDC's current fiscal year budget;
WHEREAS, the City Council of the City of Anna has determined that the reallocation of
funds is the best use of the EDC's funds;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ANNA, 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 Budget
The City Council of the City of Anna hereby approves the Anna EDC's budget
amendment request.
PASSED AND APPROVED by the City Council of the City of Anna this 14th day of
February, 2012
APPROVED: ATTEST:
RES 2012-02-08 Amending EDC FY 2012 Budget PAGE 1 OF 1 02-14-12
Economic Development Corporation
FYZOlO FYZ011 FYZOU
ACIlJAl. BUDGET ESTIMATED PROPOSED REQUESTED
1 ...OIANGE
Revenue
5225 Sales Tax Revenue -General $0 $0 $236,200 $220,000 $380,000
5530 Interest Revenue $0 $0 $225 $225 $225
TOTAL Revenue $0 $0 $236,425 $220,225 $380,225
Supplies
6208 Office Supplies $0 $0 $1,000 $1,000 $1,000
6209 Other Supplies -Misc. $0 $0 $400 $4,000 $4,000
6210 Clothing Supplies $0 $0 $100 $300 $300
6212 Postage $0 $0 $75 $75 $75
TOTAL Supplies $0 $0 $1,575 $5,375 $5375
Services
6703 Contract services $0 $0 $51,950 $52,950 $52,950
6711 Travel Expense $0 $0 $8,000 $9,000 $9,000
6721 Education 8. Training $0 $0 $4,250 $4,500 $4,500
6735 Promotion Expense $0 $0 $20,000 $20,000 $20,000
6753 Legal Expense $0 $0 $12.000 $13,500 $13,500
6761 Dues, Publications, Permits 8. Ucenses $0 $0 $700 $800 $800
6783 Telephones -Pagers $0 $0 $0 $0 $0
6789 Debt-services Principal $0 $0 $33,476 $33,475 $33,475
6790 Interest Expense $0 $0 $14,939 $14,939 $14,939
6799 Other services -Misc. $0 $0 $0 $0 $0
TOTAL Services $0 $0 $145,315 $149,164 $149,164
capital
6931 land 8. Improvements $0 $0 $0 $0 $0
6941 Other CapItal ExpenditIns $0 $0 $7S,soo $65,500 $225,500
TOTAL capital $0 $0 $75,soo $65,soo $225,500
TOTAL 826 EDC $0 $0 $220,815 $220,039 $380,039