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<br />88 <br />Page 1 <br /> <br />REPORT <br /> <br />To the Redevelopment Agency Board <br />From the Executive Director <br /> <br />July 10, 2006 <br /> <br />Subject <br />Adoption of Redevelopment Agency Budget for Fiscal Year 2006/07. <br /> <br />Recommendation <br />Staff recommends that the Agency Board approve the resolution adopting the Redwood <br />City Redevelopment Agency budget for Fiscal Year 2006/07. <br /> <br />Background <br />The Redevelopment Agency Board reviewed the proposed Agency budget for Fiscal <br />Year 2006/07 at its study session of June 26, 2006 (see attached Staff Report). The <br />Agency needs to approve the attached resolution to adopt the final Redevelopment <br />Agency budget for Fiscal Year 2006/07. <br /> <br />State redevelopment law requires the Agency to file an annual report by the end of the <br />calendar year that has been reviewed by the Agency. That report will be brought to the <br />Agency Board in earty December when the final revenue and expenditure nurnbers for <br />Fiscal Year 2005/06 are available for incorporation into the report. <br /> <br />f. ((!¿ <br />~~ier <br /> <br />Redevelopment Manager <br /> <br /> <br />~ ¡;;.- <br />I Person <br />Community Development <br />Director <br /> <br />_Cl I. ~ F~L <br /> <br />Ed Everett <br />City Manager <br /> <br />Attachments <br />1. Resolution adopting The Redwood City Redevelopment Agency Budget for FY 2006/07 <br />2. Staff Report of June 26, 2006 Redevelopment Budget Study Session <br /> <br />REDEVSHARED_2006 STAFF REPORTS_O7-2006 - Budget Adoption <br />