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HomeMy WebLinkAboutRes 2010-04-03 Amending EDC 2010 Budget.pdfCITY OF ANNA, TEXAS RESOLUTION NO. 2010-04-03 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 detennined 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 File Project Application 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 13th day of April,2010 ATTEST: Res. No. 2010-04-03 Approving Amending Anna EDC Budget.doc PAGE 1 OF1 04-13-10 PROPOSED AMENDMENTS Account Numt Descriptions Detail FY 2009-10 Budget EDC Revenue 5225 Sales Tax 190,000.00 Total Revenue 190,000.00 EDC Expenditures Supplies Expense Administrative 10,000.00 6208 Office Supplies I 6209 Other Supplies I 6210 Clothing Supplies I 6212 Postage I Meeting Supplies -­f---. Total Supplies Expense 10,000.00 I Promotions Expense 19,000.00 Total Promotions Exipense 19,000.00 Service Expense 6703 Contract Expense City of Anna Personnel 17,000.00 salary ($17,000) affise eql:lipmeAtlsl:lpplies ($e,QQQ) City of Anna cost allocation 1,000.00 Economic Development Master Plan 10,000.00 6711 Travel 5,000.00 6721 Education and Training 3,000.00 6753 Legal Expense 15,000.00 6761 Dues, Publications, Permits & Licenses 6783 Telephones -Pagers 6799 Other Services -Misc. Eng., Surveying, Planning 17,500.00 Total Service Expense 68,500.00 Capital Expenses 6941 Other Capital Expenditures 44,000.00 6931 Land & Improvenents Loan EDC Bus. Park 12 mo at $4,034.60 48,415.20 Total Capital Expenses 92,415.20 ~~i~;~tX~::lBffi;:;:;~;:h~V!; TOl'AL.1DC EXPeNDrl'URIS .-.......<JA ~" "" ~, ":'" ~",'''''' "'"",.,'.' .. ".' ,.. '·,i·······;,,··,·,;<·,:·.,·~···~····i...••.".,,·"'."'.· ·,;,;i.'iiti·;··:;l{.i.' .••• {'.~·+i~~:;:~;~:jtij'i":,;}ii.