RTIRZ-2010-06 - 2010-06-07RESOLUTION NO. RTIRZ-2010-06
A RESOLUTION OF THE TAX INCREMENT REINVESTMENT ZONE
NO. 2 (TIRZ), ACCEPTING THE FINANCIAL REPORT FOR THE
PERIOD ENDING APRIL 30, 2010.
BE IT RESOLVED BY TIRZ BOARD OF DIRECTORS:
Section 1. That the TIRZ hereby accepts the Financial Report for the
period ending April 30, 2010.
PASSED, APPROVED, AND ADOPTED this 7t" day of June, A.D., 2010.
NIGEL HARRISON
TIRZ No. 2 CHAIRMAN
ATTEST:
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MIKE OYBUR
TIRZ No. 2 SECRETARY
TI RZ#2
BALANCE SHEET
FOR MONTH ENDED APRIL 30, 2010
ASSETS:
Cash and Cash Equivalents
Cash in Bank - A.I.S.D.
A.I.S.D. Receivable
Total Assets
LIABILITIES:
A/P Accrued Payables
Total Liabilities
EQUITY:
Equity
Total Equity
Total Liabilities and Equity
2,529,604
9,192,624
11,722,227
11,722,227
11,722,227
11,722,227
TI RZ#2
SCHEDULE OF REVENUES AND EXPENDITURES
FOR MONTH ENDED APRIL 30, 2010
FY2010
FY2009
ACTUAL
ACTUAL
REVENUES
TO - DATE
TO - DATE
Taxes
Alvin ISD
5,446,429
3,208,274
Brazoria County
City of Pearland
8,207,887
7,280,947
Fort Bend County
387,916
343,172
Interest
6,505
44,408
TOTAL
14,048,737
10,876,801
EXPENSES
Miscellaneous Services 15,765 53,095
Payment to City of Pearland 5,009,286 4,413,064
Payment to Development Authority 5,262,876 4,224,485
TOTAL 10,287,927 8,690,644
Net Change in Fund Balance
BEGINNING FUND BALANCE
ISD Suspense Fund
ENDING AVAILABLE BALANCE
3,760,810 2,186,157
7,961,417
9,192, 624
6,567,676
6,420,929
2,529,603 2,332,904