COCOA COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM
Memo Date: September 12, 2024
Agenda Date: September 24, 2024
Prepared By: Ryan Browne, Redevelopment Coordinator
Through: Charlene Neuterman, Community Services Director
Requested Action:
title
Request Agency approval of a Resolution amending the FY24 Budget, BAF #24-132A, in the amount of $7,266, for the purpose of correcting a budget oversight for the Façade Grant account.End
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BACKGROUND:
When the fiscal year budget is built, funds are allocated, usually based upon the previous years’ budget as a starting basis, then adjusted as needed from there.
In this case, the original budget amount that was supposed to be allocated for this account was accidentally omitted.
This request is to correct that oversight in order to pay a Façade Grant in the correct Fiscal Year in which it was completed, namely FY24.
BUDGETARY IMPACT:
Budgeted No
If not budgeted, is amendment/transfer attached? Yes
Amount Requested $7,266
Account Number 110-3230-559.83-00
Account Name Other Grants & Aids
Source of Funds: __x__ Transfer Acct #:_110-0000-389.99-50
Fund Balance
PREVIOUS ACTION:
N/A.
RECOMMENDED MOTION:
Recommendation
Request Agency approval of a Resolution amending the FY24 Budget, BAF #24-132A, in the amount of $7,266, for the purpose of correcting a budget oversight for the Façade Grant account.