HomeMy WebLinkAboutB- 8 Staff Report APFA BudgetAGENDA ITEM
TO: THE HONORABLE CHAIRPERSON AND MEMBERS OF THE BOARD OF
DIRECTORS
FROM: STEVE KENOYER, ACTING FINANCE DIRECTOR
VIA: ROBERT PERSON, ASSISTANT CITY MANAGER
DATE: JUNE 16, 2003
SUBJECT: AZUSA PUBLIC FINANCING AUTHORITY BUDGET RESOLUTION
RECOMMENDATION
It is recommended that Board of Directors approve the attached resolution adopting the
Public Financing Authority budget and approving appropriations for the 2003/04 fiscal year.
BACKGROUND
The Public Financing Authority budget and appropriations are required to be approved by
the Board of Directors by July 1st for the new fiscal year.
FISCAL IMPACT
This resolution sets total appropriations for all Public Financing Authority funds at
$2,297,950.