RESOLUTION NO. ID ____-2023
RESOLUTION OF THE FORT BRAGG MUNICIPAL IMPROVEMENT
DISTRICT BOARD APPROVING THE FISCAL YEAR 2023/24
FORT BRAGG MUNICIPAL IMPROVEMENT DISTRICT NO. 1 BUDGET
WHEREAS, on May 19, 2023, the District Manager submitted the Fort Bragg Municipal Improvement District No. 1 FY 2023/24 Proposed Budget to the Board of Directors (Board); and WHEREAS, on May 24, 2023, the Board conducted a Budget workshop; and WHEREAS, at the meeting, the Board provided direction to staff for further revision of the FY 2023/24 Proposed Budget; and WHEREAS, on June 26, 2023, the District Manager submitted to the Fort Bragg Municipal Improvement District No. 1 Board the final Budget for FY 2023/24; and.
WHEREAS, based on all the evidence presented, the District Board finds as follows:
The Budget, as presented, adequately establishes a financial plan for carrying out the operations of the Fort Bragg Municipal Improvement District No. 1 in the 2023/24 Fiscal Year; and The Budget, as presented, establishes sufficient revenues for appropriations for FY 2023/24.
NOW, THEREFORE, BE IT RESOLVED that the District Board of the Fort Bragg Municipal Improvement District No. 1 does hereby adopt the final FY 2023/24 Budget as submitted.
BE IT FURTHER RESOLVED that the copies of the FY 2023/24 Budget are on file in the offices of the District Clerk and the Finance Director/Treasurer, and shall be considered a part of this Resolution.
The above and foregoing Resolution was introduced by Board Member __________, seconded by Board Member ___________, and passed and adopted at a regular meeting of the District Board of the Fort Bragg Municipal Improvement District No. 1 held on the 26th day of June 2023, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
BERNIE NORVELL
Chair
ATTEST:
Cristal Munoz
Acting District Clerk
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