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REQUEST FOR LA PORTE ECONOMIC DEVELOPMENT CORPORATION AGENDA ITEM <br />Agenda Date Requested: 6/27/11 <br />Requested By: Stacey Osborne <br />Department: <br />Report: Resolution: Ordinance: <br />Exhibits: Budget Suminan <br />Exhibits: <br />Exhibits: <br />Appropriation <br />Source of Funds: <br />Account Number: <br />Amount Budgeted: <br />Amount Requested: <br />Budgeted Item: <br />YES NO <br />SUMMARY & RECOMMENDATION <br />The 2011/2012 Budget will go before Council in August. Account 038 is funded by the '/2 cent <br />Type B Sales Tax that this Board oversees. Staff would like the Board to review the budget <br />summary and let staff know of any questions, problems or concerns that members may have. <br />The current budget is attached for your reference, and staff will discuss key points of the budget <br />at tonight's workshop. <br />After this workshop, staff would like the Board to consider action adopting the 2011/2012 <br />budget for the La Porte Development Corporation Board prior to the City submitting the Budget <br />for a public hearing and Council's ratification. <br />Action Required by Economic Development Corporation: <br />Provide guidance to staff and consider action approving the budget. <br />Approved for La Porte Development Corporation Agenda <br />Ron Bottoms, City Manager <br />date <br />