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CRA 10 CITY OF CLERMONT Community Redevelopment Agency RESOLUTION NO. 10 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE 2015-2016 FISCAL YEAR. WHEREAS, it is hereby found and determined by the Community Redevelopment Agency Board of the City of Clermont, Lake County, Florida that the following sums of money or as much thereof as may be authorized by law are required for the purpose of carrying out the Community Redevelopment Programs and Plans for the Fiscal Year of October 1, 2015 to September 30, 2016. Estimated Revenues Ad Valorem Taxes 209,040 Miscellaneous Revenue 4,660 Reserves 639,770 Total Revenues & Reserves $853,470 Expenditures Economic Development 692,844 Reserves 160,626 Total Expenditures & Reserves $853,470 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the City of Clermont Community Redevelopment Agency for the 2015-2016 Fiscal Year and appropriations therefore are hereby adopted. t DONE AND RESOLVED by the Community Redevelopment Agency Board of ,the,City of Clermont, Lake County, Florida, this 13th day of October, 2015. e�S r / Gail L. Ash, CRA airman v. Attest: Avi 44/ Tra1kroyd, City rk