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File #: 09-3639    Version: A Name: The Finance Director requesting that a resolution be adopted for audit purposes carrying forward the remaining 2007 Façade Grant Program funding in the amount of $87,649.68 from fiscal year 2007 to fiscal year 2008. (Res.09-1424)
Type: Communication Status: Passed
File created: 5/20/2009 In control: Finance and Personnel Committee
On agenda: Final action: 6/2/2009
Title: Subject: The Finance Director requesting that a resolution be adopted for audit purposes carrying forward the remaining 2007 Façade Grant Program funding in the amount of $87,649.68 from fiscal year 2007 to fiscal year 2008. (Res.09-1424) Recommendation of the Finance & Personnel Committee on 5-26-09: Carry forward the remaining 2007 Façade Grant Program funding in the amount of $87,649.68 from fiscal year 2007 to fiscal year 2008. Fiscal Note: The Façade Grant Program is in the Intergovernmental Revenue Sharing fund (919). Because this is a “budgeted” fund in the Capital Projects section of the adopted budget book, there must be formal action taken to carry forward any unencumbered balances at year end. This line item was not included in the Carry forward resolution in spring 2008. The retroactive carry forward from 2007 to 2008 is needed to comply with audit requirements.
Related files: Res.09-1424
Title
Subject: The Finance Director requesting that a resolution be adopted for audit purposes carrying forward the remaining 2007 Façade Grant Program funding in the amount of $87,649.68 from fiscal year 2007 to fiscal year 2008.  (Res.09-1424)
 
Recommendation of the Finance & Personnel Committee on 5-26-09:  Carry forward the remaining 2007 Façade Grant Program funding in the amount of $87,649.68 from fiscal year 2007 to fiscal year 2008.
 
Fiscal Note: The Façade Grant Program is in the Intergovernmental Revenue Sharing fund (919). Because this is a "budgeted" fund in the Capital Projects section of the adopted budget book, there must be formal action taken to carry forward any unencumbered balances at year end. This line item was not included in the Carry forward resolution in spring 2008. The retroactive carry forward from 2007 to 2008 is needed to comply with audit requirements.