Town of Erie
File #: 23-523    Version: 1 Name:
Type: General Business Status: Agenda Ready
File created: 10/13/2023 In control: Urban Renewal Authority
On agenda: 10/24/2023 Final action:
Title: Public Hearing: A Resolution of the Board of Commissioners of the Town of Erie Urban Renewal Authority Providing for Supplemental Appropriations for the 2023 Budget Year
Attachments: 1. Resolution, 2. URA - 2nd Supp. Budget Memorandum, 3. 2023 URA 2nd Supplemental Detail Schedules, 4. Presentation

SUBJECT: 

Title

Public Hearing: A Resolution of the Board of Commissioners of the Town of Erie Urban Renewal Authority Providing for Supplemental Appropriations for the 2023 Budget Year

Body

 

DEPARTMENT:                       Finance Department

 

PRESENTER:                       Cassie Bethune, Finance Manager

                                          

TIME ESTIMATE: 10 minutes

only required for non-consent items

 

STAFF RECOMMENDATION:

Recommendation

Staff recommends the Board of Commissioners approve the resolution providing for a supplemental appropriation for the 2023 budget year.

end

 

SUMMARY AND BACKGROUND OF SUBJECT MATTER:

The Town of Erie Urban Renewal Authority (“URA”) adopted the 2023 Budget on Nov. 15, 2022. Generally, staff reviews the adopted budget and requests supplemental appropriations twice yearly to update the budget to reflect actual revenues and expenditures, year-to-date Board of Commissioner actions, and projected revenues and expenditures for the remainder of the fiscal year.

 

Board Priorities Addressed:

ü                     Fiscal Responsibility

ü                     Effective Governance

 

Attachment(S):                      

1.                     Resolution

2.                     2023 URA 2nd Supplemental Budget Memo

3.                     2023 URA 2nd Supplemental Detail Schedules