8.
Commissioners Court - Regular Session
- Meeting Date:
- 07/25/2017
- Title:
- Debt Service LIT 07-25-2017
- Submitted For:
- Melanie Denny
- Submitted By:
- Angela Schmidt, County Auditor
- Department:
- County Auditor
- Agenda Category:
- Consent
Information
Agenda Item
Discuss, consider and take appropriate action on a line item transfer for Debt Service.
Background
The county has three tax increment financing agreements with Georgetown, Leander and Taylor. Budget is based on preliminary assessed values in April. The certified values are not finalized until July. The certified values were higher than expected. Additional budget is needed to pay invoice per the agreement.
Fiscal Impact
| From/To | Acct No. | Description | Amount |
|---|---|---|---|
|
From/To:
From
|
Acct No.:
0600.0600.006901
|
Description:
Debt Defeasance
|
Amount:
$40,339.00
|
|
From/To:
To
|
Acct No.:
0600.0600.004604
|
Description:
PYMTS to TIF/TIRZ
|
Amount:
$40,339.00
|
Attachments
No file(s) attached.
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| County Judge Exec Asst. | Wendy Coco | 07/20/2017 08:46 AM |
| Budget Office | Ashlie Holladay | 07/20/2017 10:27 AM |
- Form Started By:
- angela.schmidt
- Started On:
- 07/19/2017 01:52 PM
- Final Approval Date:
- 07/20/2017