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CRA Resolution No. 14 CITY OF CLERMONT Community Redevelopment Agency eofc CHERMONTT RESOLUTION NO. 14 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE 2019-2020 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, 2019 to September 30, 2020. Estimated Revenues: Ad Valorem Taxes 334,793 Miscellaneous Revenue 4,500 Reserves 473,170 Total Revenues& Reserves $812,463 Expenditures: Economic Environment 347,230 Reserves 465,233 Total Expenditures& Reserves $ 812,463 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the City of Clermont Community Redevelopment Agency for the 2019-2020 Fiscal Year and appropriations therefore are hereby adopted. 1 CITY OF CLERMONT Community Redevelopment Agency CI.ER c I�' RESOLUTION NO. 14 DONE AND RESOLVED by the Community Redevelopment Agency Board of the City of Clermont, Lake County, Florida, this 24th day of September, 2019. 4)7 Gail L. Ash, CRA h`airman Attest: ,/ Tracy Ackro d owe, City Clerk