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HomeMy WebLinkAbout1993-003 HRARMember Kristen Mann introduced the following resolution and moved its adoption: HRA RESOLUTION NO. 93-03 RESOLUTION APPROVING THE FINAL BROOKLYN CENTER HOUSING AND REDEVELOPMENT AUTHORITY BUDGET FOR THE YEAR 1994 PURSUANT TO MSA CHAPTER 469.033, SUBDIVISION 6 AND MSA CHAPTER 469.107, SUBDIVISION 1 WHEREAS, the Brooklyn Center Housing and Redevelopment Authority has considered the attached budget and finds that this budget is necessary for the operation of the Brooklyn Center Housing and Redevelopment Authority during the year 1994: NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority for the City of Brooklyn Center that the attached budget of the Housing and Redevelopment Authority for said City is hereby approved. BE IT FURTHER RESOLVED that a copy of this resolution, together with the attached budget, be submitted to the City Council of the City of Brooklyn Center. r t~ December 20, 1993 _ Date Chairman The motion for the adoption of the forgoing resolution was duly seconded by member Barb Kalligher , and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Celia Scott, Dave Rosene, Barb Kalligher, and Kristen Mann; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. Resolution No. 93-03 HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER, MINNESOTA ANNUAL OPERATING BUDGET 1991 1992 1993 1994 ESTIMATED REVENUE: Actual Actual Adopted Budget General Property Taxes 129,425 128,362 132,473 124,005 Less 2% Estimated Uncollectable (4,369) (2,480) Net Property Taxes 129,425 128,362 128,104 121,525 Homestead Credit 11,961 14,497 13,146 17,835 TOTAL ESTIMATED REVENUE 141,386 142,859 141,250 139,360 APPROPRIATIONS: Transfer to E.D.A. Fund 141,386 142,859 141,250 139,360 TOTAL APPROPRIATIONS 141,386 142,859 141,250 139,360