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HomeMy WebLinkAboutCRA Resolution No. 34 d' CITY OF CLERMONT CLER Community Redevelopment Agency „��"� I RESOLUTION NO.34 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLERMONT,LAKE COUNTY,FLORIDA,ADOPTING THE BUDGET AMENDMENT FOR THE 2024-2025 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 budget amendments are necessary for the Fiscal Year of October 1,2024,to September 30,2025. COMMUNITY REDEVELOPMENT AGENCY (CRA)FUND 2025 Original Proposed Budget Total 2025 Revenue Account Description Budget Amendment Amended Budget Ad Valorem Taxes $437,000 $441,000 $ 878.000 Miscellaneous Revenue $ 8,000 $37,000 $ 45,000 Interfund Transfers $400,281 $(400,281) $ 0 TOTAL $ 845,281 $ 77,719 $ 923,000 2025 Original Proposed Budget Total 2025 Expenditure Account Description Budget Amendment Amended Budget Personnel Services $48,500 $ (8,200) $40,300 Operating Expenditures $247,740 $25,800 $273,540 Capital Outlay $ 379,041 $(17,600) $361,441 Grants $ 170,000 $ - $ 170,000 TOTAL $ 845,281 $ - $ 845,281 Net Impact to CRA Fund Balance $77,719 NOW,THEREFORE,BE IT RESOLVED,that the above said budget amendments for the City of Clermont Community Redevelopment Agency for the 2024-2025 Fiscal Year and appropriations therefore are hereby adopted. CITY OF CLERMONT Community Redevelopment Agency C R�—'� RESOLUTION NO.34 DONE AND RESOLVED by the Community Redevelopment Agency Board of the City of Clermont, Lake County,Florida,this 14th day of October 2025. Tim Murry, CRA hai ` .........r.. Attest: Tracy Ackroyd Howe, MM City Clerk