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HomeMy Public PortalAboutResolution 2022 -18 CRA Budget AmendmentRESOLUTION 2022 -18 A RESOLUTION OF THE CITY OF CRESTVIEW, FLORIDA, AMENDING THE CRA BUDGET FOR FISCAL YEAR 2022 TO BETTER REFLECT REVENUES AND EXPENDITURES, AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, There was a change in the projected revenues and cash -carry forward for the Crestview Community Redevelopment Agency budget, and WHEREAS, Those changes must be reflected in the Budget for the Fiscal Year 2022, as attached as Exhibit A. NOW THEREFORE, BE IT RESOLVED by the CRA Board of the City of Crestview of Okaloosa County, Florida that: PASSED AND ADOPTED IN REGULAR SESSION THIS 27th of June 2022. ADOPTED this 27th day of June 2022. ATTEST: Mar'yanneader, City Clerk Exhibit A FUND: EXPENSE BUDGET ACCOUNT DESCRIPTION _ACCOUNT NUMBER 1670-0311-511-63-00 Improvements 1 REVENUE BUDGET ACCOUNT NUMBER 670-0000-330-0000 670-0000-330-0000 ACCOUNT DESCRIPTION County Tif Cash Carry Forward DEPARTMENT: CURRENT BUDGET INC/DECREASE AMOUNT 1 AMOUNT 507,977 73,342 REVISED BUDGET AMOUNT 581,319 LINE ITEM TOTAL J 73,342 1— CURRENT BUDGET INC/DECREASE REVISED BUDGET AMOUNT AMOUNT AMOUNT 89,355 (4,169) 85,186 831,677 77,511 909,188 LINE ITEM TOTAL 73,342 COMMENTS/EXPLANATION: increase in Cash Carry Forward, and decrease in County projected TIF Funds redistributed to better serve the needs in the CRA Budget. 1 of 1