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CRA Resolution No. 19 - FY 2020-21 Budget Adoptiondid CITY OF CLERMONT CLEFk'NT Community Redevelopment Agency RESOLUTION NO.19 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE 2020-2021 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, 2020 to September 30, 2021. Estimated Revenues: Ad Valorem Taxes 453,229 Miscellaneous Revenue 4,000 Reserves 281,488 Total Revenues and Reserves $ 738,717 Expenditures: Economic Environment 410,758 Reserves 327,959 Total Expenditures and Reserves $ 738,717 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the City of Clermont Community Redevelopment Agency for the 2020-2021 Fiscal Year and appropriations therefore are hereby adopted. &p CITY OF CLERMONT CLE&NT Community Redevelopment Agency RESOLUTION NO.19 DONE AND RESOLVED by the Community Redevelopment Agency Board of the City of Clermont, Lake County, Florida, this 22nd day of September, 2020. Gail L. Ash, CRA Chairman Attest: l� Tracy Ackroyd Howe, City Clerk