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6.A.
TCEDC Agenda
Meeting Date:
08/25/2021
Title:
Submitted By:
Rhomari Leigh, Management Services
Department:
Management Services

ACTION REQUEST (Brief Summary)

Discuss and Consider for Approval the TCEDC Fiscal Year 2021-2022 Budget

BACKGROUND

a. In May 2021, staff began working on the development of a draft budget.
b. After a series of internal meetings, staff presented the draft budget to Finance.

ANALYSIS

a. Total Revenues FY21-22: $5,955,000
b. Total Expenditures FY21-22: $3,306,494
c. Supplemental Requests FY21-22: $1,150,295
d. Fund Balance Proposed FY21-22: $12,526,716

ALTERNATIVES CONSIDERED

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