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 2024 Budget Year
Body
DEPARTMENT: Finance Department
PRESENTER: Cassie Bethune, Finance Manager
Malcolm Fleming, Town Manager, TOEURA Executive Director
Sara Hancock, Finance Director
Julian Jacquin, Economic Development Director
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 2024 budget year.
end
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Town of Erie Urban Renewal Authority (“TOEURA”) adopted the 2024 Budget on Nov. 28, 2023. Generally, staff reviews the adopted budget and requests supplemental appropriations throughout the year 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. Presentation
2. Resolution 24-
3. 2024 URA 2nd Supplemental Budget Memo
4. 2024 URA 2nd Supplemental Detail Schedules