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AGENDA ITEM REVIEW FORM |
5.B.
Special City Council Meeting
- Meeting Date:
- 06/29/2016
- Department Head:
- Ketie St. Louis
- Submitted By:
- Carlos Cortes, Assistant Finance Director, Finance Department
Action Requested:
Motion
ITEM:
Discussion and possible action on any and all matters regarding approval of the Lighting and Retention Basin Assessment Districts Budget for the 2016-2017 Fiscal Year. (Carlos Cortes, Assistant Finance Director.)
SUMMARY:
These assessment districts were formed to provide street lighting and retention basin maintenance services in the developments. The County of Yuma requires City Council’s approval for the budget in order to levy the assessments. The amounts are based on estimated cost the City will incur to provide these services.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE THE STREET LIGHTING AND RETENTION BASIN ASSESSMENT DISTRICTS BUDGET FOR THE 2016-2017 FISCAL YEAR AS PRESENTED.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- YES
- CITY/STATE/FEDERAL FUNDS:
- $306,150
- TOTAL:
- $306,150
- BUDGETED:
- $306,150
- AVAILABLE TO TRANSFER:
- $306,150
- GL ACCT # & NAME/REMAINING BALANCE BEFORE PURCHASE:
- 808-880-40600 ASSESSMENT DISTRICTS
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
The amounts are based on estimated costs the City will incur to provide these services; the revenues will be allocated to the General Fund and Highway Users Fund.