Agenda Text
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Requesting the appropriation of $155,692 to fund the FY21 Dilboy Enterprise Fund Budget.
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Official Text
To the Honorable City Council:
I hereby submit, subject to the approval of your Honorable Council, an appropriation in the amount of $155,692 to fund the Fiscal year 2021 Dilboy Enterprise Fund. The appropriation is broken down into the attached Personal Services and Ordinary Maintenance Accounts. Program revenue in the amount of $80,000 will be raised to fund the proposed budget. In addition, an amount of $17,500 will also be appropriated from Retained Earnings and a subsidy in the amount of $58,192 from the General Fund will be appropriated to meet the needs of the FY2021 Enterprise Fund Budget.
A detailed budget is attached to this communication.
Thank you for your attention to this request.
My staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Joseph A. Curtatone, Mayor