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HomeMy WebLinkAbout1996-05-28 - AGENDA REPORTS - LMD FUNDS FY 1995 96 (2)AGENDA REPORT y Manager�pproval Item to be presented by: Bahman Janka CONSENT CALENDAR DATE: May 28, 1996 SUBJECT: LANDSCAPE MAINTENANCE DISTRICTS ESTABLISHING EXPENDITURE ACCOUNTS AND APPROPRIATING FUNDS FOR FY 1995-96 DEPARTMENT: Building & Engineering Services Each fiscal year the Council determines and imposes the assessments for the City's landscape maintenance districts. An engineer's report determines assessments for each landscape zone and is submitted to and approved by City Council. The funds for maintenance are collected on the tax bill and deposited into revenue accounts for the purpose of funding the landscape maintenance activities. The districts will now be coming on line to be maintained. Funds were collected in fiscal year 1995-96 and deposited into revenue accounts. Expenditure accounts need to be established to fund the maintenance activities from now until July 1, 1996 to bring these districts on line. Appropriate $55,600.00 for the purposes of performing landscape maintenance activities into the following Landscape Maintenance District expenditure accounts as follows: LMD Zone 1 46-5901-227 LMD Zone 2 46-5902-227 LMD Zone 3 46-5903-227 LMD Zone 4 46-5904-227 NED:lkl .U�dlU.d.� $ 5,000.00 14,112.00 33,188.00 3,300.00