TO: Urban Renewal Agency Board
THROUGH: Steve Powers, Executive Director
FROM: Robert Barron, Chief Financial Officer
SUBJECT:
title
FY 2022 Urban Renewal Agency of the City of Salem budget
Ward(s): All Wards
Board Member(s): All Board Members
Neighborhood(s): All Neighborhoods
Result Area(s): Good Governance; Natural Environmental Stewardship; Safe Community; Safe, Reliable and Efficient Infrastructure; Strong and Diverse Economy; Welcoming and Livable Community.
end
ISSUE:
Shall the Urban Renewal Agency Board, through Resolution No. 21-8 URA, adopt the FY 2022 Urban Renewal Agency of the City of Salem budget?
RECOMMENDATION:
recommendation
Approve Resolution No. 21-8 URA adopting the FY 2022 Urban Renewal Agency of the City of Salem budget.
body
SUMMARY:
Resolution No. 21-8 URA and Exhibit A (Attachments 1 and 2) establish a total requirements budget of $99,429,830.
Working Capital: $ 58,269,860 Expenditures: $ 91,628,820
Unappropriated
Revenues: $ 41,169,970 Ending Fund Balance: $ 7,801,010
Total Resources: $ 99,429,830 Total Requirements: $ 99,429,830
Josh Eggleston
Budget Officer
Attachments:
1. Resolution 21-8 URA
2. Resolution 21-8 URA, Exhibit A