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REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA <br />ITEM <br />Agenda Date Requested: July 14, 2014 <br />Requested By: Scott D. Livingston <br />Department: Economic Development/Tourism <br />Report: ' Resolution:'' Ordinance: '' <br />Exhibits: <br />1. Porposed Budget, Fiscal Year 2014-2015 <br />Appropriation <br />Source of Funds: <br />Account Number: <br />Amount Budgeted: <br />Amount Requested: <br />Budgeted Item: C YES C NO <br />SUMMARY & RECOMMENDATIONS <br />Based upon previous discussions with the 4B Board on 12 May 2014 and 9 June 2014, staff made changes to the <br />Proposed 4B Budget for FY 2014 - 2015. <br />Staff met with the City Manager and Department of Finance on Wednesday, 11 June 2014 and made the <br />following changes: <br />Moved "Travel for $2,000" in "Advertising" (Acct. #038-6030-565.60-05) to "Mileage" in <br />"Training/Seminars" (Acct. #038-6030-565.30-20), which decreased "Advertising" from $50,000 to $48,000, and <br />increased "Training/Seminars" from $8,500 to $10,500 <br />Updated the debt service figure for FY 2014-2015 in Account #038-6030-680.90-04, Adm Trans to Fund 004, <br />from $ 852,496 to $1,083,817. <br />All other figures and information in the proposed 4B Budget for FY 2014 - 2015, since the last presentation of the <br />same information to the 4B Board on 9 June 2014, remains unchanged. <br />Action Required by the La Porte Development Corporation: <br />Consider approval or other action of the proposed 4B budget for Fiscal Year 2014-2015. <br />Approved for the La Porte Development Corporation Agenda <br />Corby D. Alexander, City Manager <br />Date <br />