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HomeMy WebLinkAboutRes 2023-09-1538 Ratifying and Approving FY2023-2024 Budget- Anna EDCCITY OF ANNA, TEXAS RESOLUTION NO. ;2023-oq- 1538 A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE FISCAL YEAR 2023-2024 BUDGET FOR THE ANNA ECONOMIC DEVELOPMENT CORPORATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Anna, Texas is a home -rule municipality located in Collin County, created in accordance with the provisions of the Texas Local Government Code and operating pursuant to enabling legislation of the State of Texas, and WHEREAS, the Anna Economic Development Corporation, hereinafter the "AEDC" is a Type A development corporation operating pursuant to the Development Corporation Act of 1979 now codified as Chapter 504 of the Texas Local Government Code; and WHEREAS, the AEDC Board of Directors approved the Fiscal Year 2023-2024 at a special -called meeting on July 20, 2023; and WHEREAS, the City of Anna desires to approve and ratify such said AEDC Budget. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, 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 2023-2024 Budget The City Council of the City of Anna, Texas hereby approves the Anna Economic Development Corporation 2023-2024 fiscal year budget as set forth in Exhibit A, attached hereto and incorporated herein for all purposes as if set forth in full. PASSED AND APPROVED by the City Council of the City of Anna, Texas this 12th day of September 2023. ANNA, TX Account Number Account Name Fund: 892 - Economic Development Corporation Department: 825 - Community Development Corporation 892-825-62012 Other Supplies -Misc. 892-825-62210 Postage 892-825-63012 Maint.&Repair - Buildings Budget Detail Budget Code Description PB 2023-2024 Maintenance/Repairs -312 N. Powell/101 S. Powell 892-825-66010 Electricity Budget Detail Budget Code Description PB 2023-2024 Based on three year history 892-825-66020 Gas - Natural/Propane Budget Detail Budget Code Description PB 2023-2024 Based on three year history 892-825-66030 City Utilities Water/Sewer/Trash 892-825-66040 Telecom 892-825-67000 Contract Services Budget Detail Budget Code Description PB 2023-2024 Janitorial PB 2023-2024 Mowing and Landscaping - 312 North Powell Pkwy PB 2023-2024 Pest Control PB 2023-2024 Printing PB 2023-2024 Professional Services (target industry analysis) 892-825-67008 IT Support Services 892-825-67016 Promotion Expense 892-825-67019 Legal Expense Budget Detail Budget Code Description PB 2023-2024 legal fees 892-825-67020 Audit/Accounting Expense Budget Detail Budget Code Description PB 2023-2024 CPA Services- Audit, 1099 form 990 892-825-67053 Economic Development Grant Expense 892-825-67058 Insurance- Property & Liability 892-825-67200 Travel/Tralning Expense 892-825-67999 Other Services -Misc. 892-825-68910 Depreciation 892-825-69010 Construction in Progress 892-825-69310 land Acquisition 892-825-69410 Capital Expenditures Budget Listing For Fiscal: 2023-2024 Period Ending: 10/31/2023 2023-2024 PB 2023-2024 0.00 0.00 50,000.00 5,000.00 1,500.00 0.00 1,800.00 46,250.00 0.00 0.00 20,000.00 5,000.00 400,000.00 5,000.00 0.00 0.00 0.00 0.00 0.00 0.00 Units Price Amount 1.00 50,000.00 50,000.00 Units Price Amount 1.00 5,000.00 5,000.00 Units Price Amount 1.00 1,500.00 1,500.00 Units Price Amount 1.00 1,200.00 1,200.00 1.00 2,700.00 2,700.00 1.00 850.00 850.00 1.00 1,500.00 1,500.00 1.00 40,000.00 40,000.00 Units Price Amount 1.00 20,000.00 20,000.00 Units Price Amount 1.00 5,000.00 5,000.00 7/17/2023 10:48:04 AM Page 1 of 2 Budget Listing For Fiscal: 2023-2024 Period Ending:10/31/2023 Account Number Account Name 892-825-98100 Transfers Out Total Department: 825 - Community Development Corporation: Total Fund: 892 - Economic Development Corporation: 2023-2024 PB 2023-2024 0.00 534,550.00 534,550.00 Report Total: 534,550.00 7/17/2023 10:48:04 AM Page 2 of 2