Amend 2012 Housing and Redevelopment Authority Budget and Adopt 2013 Housing and Redevelopment Authority Budget

Attached for your review and consideration is the 2013 Housing & Redevelopment Authority (HRA) budget.  The budget now needs to be formally adopted.  The budget that was presented in September was reduced to match the 2013 adopted levy that was adopted in December 2012.  The budget was reduced to meet the administrative duties only of the HRA.  Any expenditures required for the COR area will need to be self-supported from land sales in the COR and not through the budget of the HRA.

The financing source for these operations is interest earnings and property taxes from the HRA levy.  

Also attached to this case is a resolution amending 2012 activity. This is primarily a "housekeeping" item and is done on an annual basis. The projections through the end of the year are based on actual activity and will be finalized after the annual city audit in April 2013.

Approve attached Resolution #HRA-13-02-XXX Amending the 2012 Housing & Redevelopment Authority Budget

And

Approve attached Resolution #HRA-13-02-XXX Adopting the 2013 Housing & Redevelopment Authority Budget.
 

Motion to recommend HRA adopt Resolution #HRA-13-02-XXX Amending the 2012 Housing & Redevelopment Authority Budget

And

Motion to recommend HRA adopt Resolution #HRA-13-02-XXX Adopting the 2013 Housing & Redevelopment Authority  Budget