Item Coversheet

  Town of Huntersville
REQUEST FOR BOARD ACTION
5/15/2017

REVIEWED:

To:                  The Honorable Mayor and Board of Commissioners

From:              Jackie Huffman / Gerry Vincent

Subject:          Approve Budget Amendment recognizing revenue and expense to pay demolition and removal of debris for Main Street Upgrade


Residential rental property receipts through ten months this fiscal year have generated $17,520 (and are expected to generate an additional $3000 each month for May and June).  This budget amendment authorizes the Interim Town Manager to spend the $23,520 rental income to initiate removal of those houses in preparation for the Main Street Upgrade. 


ACTION RECOMMENDED: 

Approve budget amendment.

 
 
FINANCIAL IMPLICATIONS:

No change to fund balance.