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<br />Memorandum - Amended 1997 Budget Reconunendations . <br />Page Two <br />November 7,1997 <br />2. The 1997 Adopted Budget for Governmental Funds expenditures of$5,236,262 be <br /> reduced $76,210 to $5,160,052. This reduction represents all planned revenues in Fund <br /> No. 522, "Development/Redevelopment." These expenditures will be appropriately <br /> allocated among EDA Funds No. 701 - 705. <br />, Create specific $300,000 revenue and expenditure items in the 1997 EDA Revolving <br />.,. <br /> Business Loan Fund No, 702 to reflect 1997 MIDTED activities. <br />Request <br />If Council agrees with the above recommendations, they should direct staff to make the - <br />appropriate revisions under the consent calendar at the November 10, 1997 regular Council - <br />meeting. <br /> I <br /> I <br /> .1 <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> .. <br /> I <br />