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REQUEST FOR LA PORTE ECONOMIC DEVELOPMENT CORPORATION AGENDA ITEM <br /> Appropriation <br /> Agenda Date Requested: 6/27/11 <br /> Source of Funds: <br /> Requested By: Stacey Osborne <br /> Account Number: <br /> Department: <br /> Amount Budgeted: <br /> Report: Resolution: Ordinance: <br /> Amount Requested: <br /> Exhibits: Budget Summary Budgeted Item: YES NO <br /> Exhibits: <br /> Exhibits: <br /> SUMMARY & RECOMMENDATION <br /> The 2011/2012 Budget will go before Council in August. Account 038 is funded by the 1 /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 /> pprov. o a P : Development Corporation Agenda <br /> t /./(Al <br /> Ron Bottoms, City Manager date <br />