Title:
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Permission to carry forward remaining 2007 Facade Grant Program funding from fiscal year 2007 to fiscal year 2008
Resolved, that permission be granted to carry forward the remaining 2007 Facade Grant Program funding in the amount of $87,649.68 from fiscal year 2007 to fiscal year 2008.
Fiscal Note: The Facade 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.
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