To: The Honorable Mayor and Board of Commissioners From: Jackie Huffman Finance Director Subject: Budget Amendment
We have received $22,956.06 more in rent receipts than budgeted for residential rental properties around Walters, Church and Main Streets. This agenda item amends the FY 2017 budget to recognize the $22,956.06 in revenue and expense so that funds are available to pay taxes from property closings and additional removal of substandard housing.
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