Fiscal Note
Affordable Housing Trust Fund-Sources: |
|
Transfer from General Fund |
$23,825 |
Increased AHTF Balance |
$23,825 |
Miscellaneous Appropriations: |
|
Affordable Housing Trust Fund |
$23,825 |
Total |
$23,825 |
Levy Impact: |
$23,825 |
Title
OPERATING BUDGET AMENDMENT # 6 - Miscellaneous Appropriations / Other Direct Appropriations / Affordable Housing Trust Fund; Affordable Housing Trust Fund, p. 10, 19
Body
Provide funding to the Affordable Housing Trust Fund equal to $20,225 of prior year taxes plus the estimated $3,600 of current year City taxes that are anticipated to be collected from WHPC-MMM, LLC as a result of the recent court decision removing the partial tax exemption which had been in place for their property located at 1910 Post Road.