Whitetail Wind Energey & Javelina Wind Energy Budget Balances 2017-2018
Submitted for:
Norma Renteria
Department:
Water Utilities
Subject:
Discussion and possible action to approve the following carry over budget balances from 2017 fiscal year into the new 2018-2019 FY for the White Tail Energy and Javelina Wind Energy Tax Abatement Agreements; This action will have no impact on the County General Fund.
Whitetail Wind Energy
Capital Outlay
3861-7250-001-470000-030
$38,071.79
Javelina Wind Energy
Capital Outlay
3862-3140-001-470000
$2,957.00
Issue: End of the Year Balances are required to be carried over 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 be carried over into the 2018-2019 Fiscal Year.
Result: The approval of this agenda item will allow the continuation of these tax abatement funds.
Background:
Issue: End of the Year Balances are required to be carried over 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 be carried over into the 2018-2019 Fiscal Year.
Results: The approval of this agenda item will allow the continuation of these tax abatement funds.