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AI- 62438
Budget and Management   14.A.1.
CC - REGULAR
Budget Appropriations
Meeting Date:
11/21/2017
Submitted For:
Sergio Cruz
Submitted By:
Marianella Canton, BUDGET & MANAGEMENT
Department:
BUDGET & MANAGEMENT

Information

CAPTION

A.  Approval of certification of revenues as certified by the County Auditor for revenues proceed from unclaimed property capital credits by state.
B.  Approval of 2017 appropriation of funds into Economic Development  in the total amount of $539,500.00.

BACKGROUND


Fiscal Impact

CALENDAR YEAR:
2017
ACCT. #:
7-1100-X6X-10-XXX-0XX-0-XXX
FUNDS AVAILABLE Y/N?:
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

2017 appropriation of funds in the amount of $539,500.00 to fund 381 Small Town Economic Development Grant Program, the remaining balance due to VIDA according to the contract approved by Commissioners Court on December 13, 2016 as well as funding some operating expenditures of Economic Development Office.

Funds available as follows:
$181,740.85 from unassigned fund balance (Escheats) for fund 1100 pending to be certified by the County Auditor's Office from proceeds received in FY2017 under 7-1100-363-00-000-000-0-000.
$357,759.15 to be taken from General Fund-Restricted F/B-Economic Development after Commissioners Court approves the appropriation.

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Veronica Ortiz 11/07/2017 10:39 AM
Final Approval Veronica Ortiz 11/13/2017 04:46 PM
Form Started By:
Marianella Canton
Started On:
11/06/2017 02:04 PM
Final Approval Date:
11/14/2017