Title
Approving the Pflugerville Community Development Corporation (PCDC) fiscal year 2018 budget.
Summary
The PCDC Board requests approval of the FY 2018 budget pursuant to the requirements for a Type B Corporation in the State of Texas.
Status
The PCDC FY 2018 budget was approved by the PCDC Board on August 11, 2017 in a special called meeting. City Finance staff have reviewed the budget and have no concerns.
Prior City Council Action
City Council has reviewed and approved all PCDC budgets since 2001.
Deadline for City Council Action
Consideration is requested during the August 22, 2017 regular City Council meeting.
Fiscal Impact
Funding for FY 2018 to include all income, expenses, obligations and debt service is included in the proposed budget document.
Staff Recommendation
The PCDC Board and staff recommend approval.
Drafter
Amy Madison
Executive Director
Pflugerville Community Development Corporation