Whitetail Wind Energy & Javelina Wind Energy Budget Balances 2017-2018
Submitted for:
Melissa Ortega
Submitted By:
Melissa Ortega
Department:
Water Utilities
Information
Subject:
Discussion and possible action to approve the following carry over budget balances as of September 2017 into October 2017 for the Whitetail Wind Energy and Javelina Wind Energy Tax Abatement Agreements; this action will not have impact on the County General Fund.
Whitetail Wind Energy
Capital Outlay
3861-7250-001-470000-030
$130,066.59
Javelina Wind Energy
Capital Outlay
3862-3140-001-470000
$2,957.00
Issue: Newly implemented procedures require year-end balances to be carried over and entered into the system in order to continue the availability of these funds during the new fiscal year.
Solution: The approval of this agenda item will enable the approved funds to carry over into the 2017-2018 fiscal year.
Result: The approval of this agenda item will allow the continuation of these tax abatement funds.