Laserfiche WebLink
Page 1 of 1 <br /> <br />DATE: April 25, 2016 <br /> <br />TO: EDA Chair and Commissioners <br />Jill Hutmacher, EDA Executive Director <br /> <br />FROM: Sue Iverson, EDA Treasurer <br />Dave Perrault, Finance Analyst <br /> <br />SUBJECT: 2017 Budget Calendar <br /> <br /> <br />Background/Discussion <br /> <br />The EDA is a blended component unit of the City of Arden Hills which makes EDA Funds <br />Special Revenue Funds of the City. Annually we are required by the State to set budgets for the <br />City’s General Fund and all Special Revenue Funds (which includes all the EDA Funds). <br /> <br />These EDA Funds are: <br /> <br /> EDA General Fund <br /> EDA Revolving Loan Fund <br /> EDA TIF District #2 Round Lake <br />EDA TIF District #3 Cottage Villas <br />EDA TIF District #4 Presbyterian Homes <br /> <br />Discussion <br /> <br />In order to officially start the budget process, a budget calendar needs to be approved by the <br />council. The draft budget calendar is attached for Council review and approval. <br /> <br />Council Action <br /> <br />A motion to approve the 2017 Budget Calendar as presented. <br /> <br />Attachment <br /> <br />Attachment A: 2017 Budget Calendar <br />NEW BUSINESS – 3A <br /> <br /> <br />MEMORANDUM <br />