Susan M. Bone

The resolution focuses on the appropriation of funds remaining in the Redevelopment Trust Fund to specific redevelopment projects and programs for Fiscal Year 2017/2018. These projects and programs include the 5th Street Parking Lot renovation, the addition of a multi-modal trail from Central Ave. to McGee Ave, the Station Street Project, design for directional signage in the CRA district and CRA Assistance Programs such as the Residential Fee Assistance Program, Facade Renovation Assistance Program and Building Code Assistance Program.

The resolution adopts the annual budget for the fiscal year 2018-2019. The estimated revenues include ad valorem taxes, interest, and funding from reserves. Expenditures include professional services, other charges, travel, books, and capital outlay for infrastructure.

The resolution focuses on approving the appropriation of funds remaining in the Redevelopment Trust Fund to specific redevelopment projects and programs. The Board of Directors intends to allocate these funds, with an anticipated unexpended amount of $2,250,914.87 as of September 30, 2019, to projects and programs outlined in Exhibit A. These funds are part of the approved Community Redevelopment Plan and are expected to be utilized within three years from the appropriation date. Additional projects and programs will be introduced during FY 2019/2020 through budget amendments.

The resolution adopts the annual budget for the fiscal year 2020-2021. The budget includes estimated revenues from ad valorem taxes, interest, and funding from reserves. Expenditures include professional services, travel, assistance programs, books, training, capital improvements, and transfers for a park grant.

The resolution adopts the annual budget for the fiscal year 2021-2022. The estimated revenues include ad valorem taxes, interest, and funding from reserves. Expenditures include professional services, audit services, travel, assistance programs, publications, training, and capital improvements.