Page 169 - Euless ORD 2360 Adopted FY 23-24 Budget
P. 169
PROJECT TITLE: EULESS DEVELOPMENT CORPORATION INCENTIVE PROJECT CODE: DV9901
NET EFFECTS ON OPERATING AND TOTAL ESTIMATED CAPITAL COST:
MAINTENANCE COST (+ OR -) ANNUAL:
Direct Operatina Cost Will be based on the merits of
Personnel: Full Time each opportunity.
Part Time $ 0
Total Salary $ 0
Purchase of Services
Materials & Supplies
Utilities
0
Subtotal: 0 Total Estimated Capital Cost
Maintenance Costs Funding Source:
Transfer from:
EDC CIP Fund Balance 1, 338, 454
EDC Operating Fund 950, 000
0 ED1002 - EDC Contingency 250, 000
Subtotal: 0 Transfer to FS# 2 & N Main 787, 600)
Additional Funding Needed:
EDC Operating Fund 25, 000
Total Estimated Annual Cost 0 Total Funding 1, 775, 854
CURRENT STATUS
OVER/ UNDER
PHASE/ FUNDING SOURCE BUDGET EXPENDED BUDGET (-+) EXPENDED
Economic Development Incentives 1, 775, 000 $ 1, 350, 295 $ 424, 705 76%
Irrigation Supplies 854 $ 853 $ 1 100%
TOTAL PROJECT 1, 775, 854 $ 1, 351, 148 $ 424, 706 76%
Ordinance No. 2360, Page 169 of 326
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