HomeMy WebLinkAbout2001-06-26 - AGENDA REPORTS - RDA BUDGET ADOPTION (2)CITY OF SANTA CLARITA
AGENDA REPORT
UNFINISHED BUSINESS City Manager Approval:
Item to be presented by: Mike Haviland
DATE: June 26, 2001
SUBJECT: REDEVELOPMENT AGENCY BUDGET ADOPTION
DEPARTMENT: Redevelopment Agency
The Redevelopment Agency approve the budget adjustments submitted as Attachment A and
adopt a resolution approving the 2001-2002 Redevelopment Agency budget.
The proposed Redevelopment Agency budget for the upcoming fiscal year totals $606,225, which
includes programming funds for the fee credit assistance program, Newhall Street Fair, and the
design and construction of a downtown Newhall Parking Lot.
Also included in the budget is $139,000 in budget adjustments ("Rebudgets") which are
identified in Attachment A. Rebudgets are funding that was appropriated in Fiscal Year 2000-
2001 but not spent or encumbered; however, the projects or programs continue to be a priority
and are scheduled to occur in Fiscal Year 2001-2002. It is necessary to reappropriate these
funds to the upcoming fiscal year in order to continue or complete those projects or programs.
The Redevelopment Agency budget for Fiscal Year 2001-2002 represents the resources to
continue working on revitalization efforts in the Downtown Newhall area.
ALTERNATIVE ACTION
Other action as identified by the City Council
Attachment A — Request For Funds To Be Rebudgeted
Resolution adopting the Redevelopment Agency's annual budget for fiscal year 2001-2002
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REDEVELOPMENT AGENCY
REQUESTS FOR FUNDS TO BE REBUDGETED
FROM FISCAL YEAR 2000-01 TO FISCAL YEAR 2001-02
DIV/SUBDIV
ACCT
ACCOUNT TITLE
AMOUNT
DESCRIPTION
1900
8110
Professional Services
45,000
Downtown Manager
1900
8110
Professional Services
25,000
Streetscape Action Plan
1900
8110
Professional Services
12,000
Kent Burnes Contract Extension
1900
8110
Professional Services
10,000
Parking Action Plan
1900
8001
Contractual Services
47,000
Fagade Program
TOTAL REBUDGET 139,000
Attachment A