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AI- 56339
Budget and Management   14.B.1.
CC - REGULAR
Meeting Date:
09/20/2016
Submitted For:
Sergio Cruz
Submitted By:
Marianella Canton, BUDGET & MANAGEMENT
Department:
BUDGET & MANAGEMENT

Information

CAPTION

Economic Development (1100):
Approval of 2016 appropriation of funds in the amount of $41,167.00 to fund expenditures for the agreement approved between Hidalgo County and Valley Initiative for Development and Advancement (VIDA) which will finalize on December 31, 2016.

BACKGROUND

The VIDA agreement was approved on April 19, 2016 (AI-54236) for a 8-month term from May 1st, 2016 through December 31, 2016.
The agreement was approved with the same monthly contribution rate ($15,583.34) for a total of $124,666.64.
The current agreement requires additional funds in the amount of $41,167.00. 


 

Fiscal Impact

FISCAL YEAR:
2016
ACCT. #:
6-1100-465-10-110-081-0-843
FUNDS AVAILABLE Y/N?:
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Monies to be taken form acct#6-1100-255-02-000-002-0-000 General Fund-Restricted F/B-Economic Development.

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Veronica Ortiz 09/12/2016 04:23 PM
Merlen P. Munoz mmunoz 09/12/2016 04:35 PM
Final Approval Monica Salinas 09/16/2016 05:31 PM
Form Started By:
Marianella Canton
Started On:
09/12/2016 01:25 PM
Final Approval Date:
09/16/2016