|
Fiscal Impact |
|
Fiscal Impact: |
The projected fund balance in the Adequate Facilities Tax Fund at the end of FY 2017 is approximately $2,350,000. If approved, sufficient funds are currently available for the first proposed payment of $2 million to be made this fiscal year. Based on monthly collections over the past 12 months, it is projected that sufficient funds will be available to complete the final $400,000 contribution by August 31, 2017. |
|