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File #: 2020-8610    Version: 1 Name:
Type: Agenda Item Status: Approved
File created: 8/25/2020 In control: City Council
On agenda: 8/25/2020 Final action: 8/25/2020
Title: Approving the Pflugerville Community Development Corporation (PCDC) FY21 Budget.
Attachments: 1. Highlight of Budget Changes, 2. FY2021 PCDC Budget Packet FINAL SIGNED 2020.06.17, 3. PCDC Budget Presentation 2020-08-25

Title

Approving the Pflugerville Community Development Corporation (PCDC) FY21 Budget.

 

Summary

The PCDC President, Treasurer and Council Representative met with staff to review the proposed budget on May 28, 2020, and to make recommendations.  All members of the PCDC board reviewed the proposed budget during a Special Called Budget Workshop Meeting on Saturday, May 30, 2020.  City accounting staff reviewed and made recommendations to the proposed PCDC FY21 budget in early June of 2020.  The final draft was again reviewed by City Accounting staff. Following all workshops and deliberations, on June 17, 2020, at the Regular meeting of the PCDD Board of Directors, the Board unanimously voted to approve the final budget and forward it to City Staff and City Council for consideration. The budget was transmitted with the City's budget to City Council on June 26, 2020.

 

Prior City Council Action

The PCDC is a separately audited component unit of the City of Pflugerville, and as such the City Council has reviewed and approved all PCDC budgets since 2001.

 

Deadline for City Council Action

August 25, 2020

 

Supporting documents attached:

Highlight of Budget Changes

FY21 PCDC Budget Packet

Presentation slides

 

Recommended Action

Approve the Pflugerville Community Development Corporation (PCDC) FY21 Budget.