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<br />City of La Porte <br />Interoffice Memorandum <br /> <br />FROM: <br /> <br />Mayor and Council <br />.r.:t,J <br />Shelley Woln;;: Budget Officer <br /> <br />TO: <br /> <br />DATE: <br /> <br />June 16, 2006 <br /> <br />SUBJECT: <br /> <br />Agenda Item Tabled at June Ith Council Meeting <br /> <br />This agenda item has been brought forward from the June I th Council Meeting. The numbers were correct; <br />however, the caption should have read that the Grant Fund, not the Hotel/Motel Fund, was being amended for <br />expenditures of$38,261 for Park Zone #5. <br /> <br />The park zone funds were moved into the Grant Fund per the auditor's recommendation. The money is still <br />collected in the General Fund, and an adjustment is made at the end of the year to relocate it to the Grant Fund <br />where the money will be held in reserve until expended. <br />