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 2025 Budget Year
Body
DEPARTMENT: Finance Department
PRESENTER: Lockie Woods, URA and Development Accounting Analyst
Cassie Bethune, Finance Manager
TIME ESTIMATE: 15 minutes
STAFF RECOMMENDATION:
Recommendtion
Staff recommends the TOEURA Board of Commissioners approve the resolution that provides for a supplemental appropriation for the 2025 budget year.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Town of Erie Urban Renewal Authority (“TOEURA”) adopted the 2025 Budget on Nov. 12, 2024. Generally, staff reviews the adopted budget and requests supplemental appropriations twice yearly to update the budget to reflect actual revenues and expenditures and projected revenues and expenditures for the remainder of the fiscal year.
COUNCIL PRIORITIES ADDRESSED:
ü Attractive Community Amenities
ü Well-Maintained Transportation Infrastructure
ü Safe and Healthy Community
ü Effective Governance
ü Environmentally Sustainable
ü Fiscally Responsible