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AI- 26061
6.E.
CC REGULAR
Meeting Date:
04/12/2011
Submitted By:
Monica Salinas, EXECUTIVE OFFICE
Department:

Information

CAPTION

Discussion, consideration and approval of General Fund Management Agreement between the County of Hidalgo and Valley Initiative for Development and Advancement (VIDA) for the period of 3/25/11 to 3/24/12 (not to exceed $250,00.00).

BACKGROUND

Acct. #1-1100-415-00-115-002-0-843 - 166,497.75 avail. as of 3/31/11
Contract expired 3/24/11

addtl funds - AI 25969 -transfer of funds to obj. 843 - $ 41,835.59

Fiscal Impact

FISCAL YEAR:
2011
ACCT. #:
1-1100-415-00-115-002-0-843
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Available balance as of 3-31-11 $166,497.75, additional funds in the amount of $41,835.59 pending transfer, AI #25969.

Monthly expenditure is $20,833.33 for a total of $250,000.00/year.

Jan. and Feb. 2011 were paid on 3-7-11 and 3-21-11, respectively, chk #'s 01-00338519 & 01-00339280

Current agreement expired on 3-24-11; New agreement is from 3-25-11 to 3-24-12 (1 year).

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Erika Zamora 03/31/2011 01:12 PM
Auditor's Office 04/07/2011 05:35 PM
Form Started By:
Monica Salinas
Started On:
03/31/2011 09:46 AM
Final Approval Date:
04/07/2011