File #: 20-3570    Version: 1 Name: Staff Report, Board Discussion and Possible Action on Approval of the FY20-21 MEDC Budget
Type: Discussion Item Status: New Business
File created: 5/14/2020 In control: Mansfield Economic Development Corporation
On agenda: 7/7/2020 Final action: 7/7/2020
Title: Staff Report, Board Discussion and Possible Action on Approval of MEDC FY20-21 Budget
Attachments: 1. Budget Summary.pdf

Title

Staff Report, Board Discussion and Possible Action on Approval of MEDC FY20-21 Budget

 

Requested Action

Consider approval of the MEDC FY20-21 Budget

 

Recommendation

Approval of the MEDC FY20-21 Budget

 

Description/History

Staff will be presenting the attached MEDC FY20-21 Budget to the Board for approval. The City is in the process of renegotiating employee health care benefits, so the Personnel Budget number may need to be revised. If that is the case, staff will present an amended budget for approval when the new number becomes available. This number is provided to us by the Finance Department.

 

Justification

Annual Budget

 

Funding Source

4A

 

Prepared By

Richard Nevins, Director Economic Development, 817-728-3652