Title
RESOLUTION NO. 19R-09-197: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL APPROVING THE TENTATIVE BUDGET FOR THE LAUDERHILL FINANCE CORPORATION (LFC) FOR FISCAL YEAR 2020 WHICH SHALL BE INCORPORATED INTO THE CITY OF LAUDERHILL BUDGET FOR FISCAL YEAR 2020; PROVIDING NOTICE FOR PUBLIC HEARING; PROVIDING FOR AN EFFECTIVE DATE.
Body
Request Action:
Pass a Resolution to adopt the tentative budget of the Lauderhill Finance Corporation (LFC) for Fiscal Year 2020.
Need:
Pass a Resolution to adopt the tentative budget for the Lauderhill Finance Corporation (LFC)
Summary Explanation/ Background:
The Bylaws for the Lauderhill Finance Corporation (LFC) now calls for it to approve its annual budget at its annual meeting in September. So prior to the September 26, 2019 City Commission meeting at 7:00 p.m. where the city budgets will be approved in final, the LFC will hold a public meeting to approve its budget at 6:40 p.m. approving its final budget on September 26, 2019.
Attachments:
LFC Budget
Cost Summary/ Fiscal Impact:
1,068,761.00
Estimated Time for Presentation:
Master Plan:
Goal 1: Clean, Green Sustainable Environment
[ ] Increase mass transit ridership [ ] Reduce City energy consumption
[ ] Reduce water consumption
Goal 2: Safe and Secure City of Lauderhill
[ ] Crime in lower 50% in Broward [ ] Residents feel safe in neighborhood
[ ] Reduce emergency fatalities
Goal 3: Open Spaces and Active Lifestyle for all ages
[ ] Increase participation in youth sports [ ] Add new park land and amenities
[ ] Increase attendance at cultural programs and classes
Goal 4: Growing Local Economy, Employment and Quality of Commercial Areas
[ ] Increase commercial tax base [ ] Increase employment in Lauderhill businesses
[ ] Decrease noxious and blighted uses in commercial areas
Goal 5: Quality Housing at all Price Ranges and Attractive Communities
[ ] Neighborhood signs and active HOAs [ ] Housing & streets improved, litter reduced
[...
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