AI- 26988
15.C.
CC REGULAR
- Meeting Date:
- 06/14/2011
- Submitted For:
- Lupita Garcia
- Submitted By:
- Estella Webber, URBAN COUNTY
- Department:
- URBAN COUNTY
Information
CAPTION
Approval to recapture Urban County Program funds from cities with an expenditure ratio exceeding their 1.5 allocation on April 30, 2011 and retain funds in the UCP Common Fund line item.
BACKGROUND
As per the Redistribution and Recapture Policy approved by Hidalgo County's Commissioners Court on July 2, 2000, all cities and precincts are required to meet expenditure ratio requirements of at least 1.5 times their annual allocation by April 30th or risk the recapture of their funds by the Urban County Program. The Urban County Advisory Council recommends that the funds recaptured remain in the precinct in which the city is located for the projects identified in the cities work plans. (see attached breakdown of recaptured funds).
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Erika Zamora | 06/08/2011 09:07 AM |
| Auditor's Office | aduran | 06/08/2011 01:07 PM |
| Purchasing / Internal | msalazar | 06/08/2011 01:44 PM |
- Form Started By:
- ewebber
- Started On:
- 06/07/2011 03:33 PM
- Final Approval Date:
- 06/08/2011