2.g.
TCEDC Agenda
- Meeting Date:
- 05/13/2020
- Title:
- Amend fiscal year 2019/2020 TCEDC budget
- Submitted For:
- Laura Boyd
- Submitted By:
- Laura Boyd, Finance
- Department:
- Finance
ACTION REQUEST (Brief Summary)
Consider and take action to amend the fiscal year 2019/2020 TCEDC budget to provide additional Stimulus Grant funds.
BACKGROUND
On April 15, 2020, City Commission approved Ordinance No. 20-17, funding $845,000 for the stimulus grant.
This budget amendment is for an additional $20,200, which will bring total stimulus grant funding to $865,200.
This budget amendment is for an additional $20,200, which will bring total stimulus grant funding to $865,200.
ANALYSIS
Budget Amendment:
Texas City Economic Development Corporation (Fund 801):
Grants $20,200.00
Unassigned Fund Balance ($20,200.00)
Texas City Economic Development Corporation (Fund 801):
Grants $20,200.00
Unassigned Fund Balance ($20,200.00)