File #: 14-6531    Version: 1 Name: FY2015 Amendment No. 1
Type: Budget Amendment Status: Approved
File created: 11/10/2014 In control: Finance Committee
On agenda: 11/14/2014 Final action: 11/14/2014
Title: PROPOSED BUDGET AMENDMENT FY2015 Amendment No. 1 SOURCE OF FUNDING: Property Tax - Tax Increment Financing Surplus IMPACT OF AMENDMENT: $1,312,000.00 EXPLANATION OF AMENDMENT: Amendment to increase the "Property Tax - Tax Increment Financing Surplus" revenue estimate due to the City of Chicago reporting a higher surplus than initially estimated. BUDGETARY UNIT: Revenue Estimates COMMENTS: The "Property Tax - Tax Increment Financing Surplus" revenue estimate increases from $4,608,000 to $5,920,000.
Sponsors: JOHN P. DALEY
Attachments: 1. FY2015 Amendment No. 1
title
PROPOSED BUDGET AMENDMENT
FY2015 Amendment No. 1
SOURCE OF FUNDING: Property Tax - Tax Increment Financing Surplus
IMPACT OF AMENDMENT: $1,312,000.00
EXPLANATION OF AMENDMENT: Amendment to increase the "Property Tax - Tax Increment Financing Surplus" revenue estimate due to the City of Chicago reporting a higher surplus than initially estimated.  
 
BUDGETARY UNIT: Revenue Estimates
COMMENTS: The "Property Tax - Tax Increment Financing Surplus" revenue estimate increases from $4,608,000 to $5,920,000.
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