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CRA Resolution No. 11 CITY OF CLERMONT Community Redevelopment Agency RESOLUTION NO. 11 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE 2016-2017 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, 2016 to September 30, 2017. Estimated Revenues: Ad Valorem Taxes 222,872 Miscellaneous Revenue 2,929 Reserves 206.259 Total Revenues & Reserves $432,060 Expenditures: Economic Development 256,396 Transfers 126,094 Reserves 49.570 Total Expenditures & Reserves $432,060 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the City of Clermont Community Redevelopment Agency for the 2016-2017 Fiscal Year and appropriations therefore are hereby adopted. , DONE AND RESOLVED by the Community Redevelopment Agency Board of the City Pirmgnt, Lake County, Florida, this 13`h day of September, 2016. 4.4 e6fae./p CSG Gail L. Ash, CRA Chair Attest: Tracy Ac yd H we, City Clerk