Fiscal Note
General Obligation Debt |
$(130,400) |
Other Funding |
$0 |
Total |
$(130,400) |
Levy Impact: |
$0 |
Title
CAPITAL BUDGET AMENDMENT # 19 - Stormwater Utility / Project #4 - Storm Sewer with Street Projects, p. 83
Body
Reduce General Obligation reauthorization by $130,400, from $1,271,682 to $1,141,282. (Note: The $1,271,682 in reauthorization was added by Board of Estimates Amendment #1. The reduction in reauthorization is necessary due to RES-08-00942, which was adopted on October 7, 2008. General Obligation debt associated with the Stormwater Utility is repaid using the Utility's resources, therefore, there is no levy impact.)