RTIRZ-2013-04 RESOLUTION NO. RTIRZ 2013-04
A RESOLUTION OF THE TAX INCREMENT REINVESTMENT ZONE
NO. 2 (TIRZ), ACCEPTING THE FINANCIAL REPORT FOR THE
PERIOD ENDING MAY 31, 2013.
BE IT RESOLVED BY TIRZ BOARD OF DIRECTORS:
Section 1. That the TIRZ hereby accepts the Financial Report for the
period ending May 31, 2013.
PASSED, APPROVED, AND ADOPTED this 24th day of June, A.D 2013.
ENNETH R. PHILLf
TIRZ NO. 2 CHAIRMAN
ATTEST:
Alb
MIKE PYBU 'N
TIRZ NO. 2 SECRETARY
RESOLUTION NO. RTIRZ NO. 2013-04
EXHIBIT"A"
TIRZ#2
BALANCE SHEET
FOR MONTH ENDED MAY 31, 2013
ASSETS:
Cash and Cash Equivalents 4,038,733
Cash in Bank-A.I.S.D. 8,174,943
A.I.S.D. Receivable -
Short Term-CD Inestment
Receivable/Interest
Total Assets 12,213,676
LIABILITIES:
A/P Accrued Payables
A/P Miscellaneous -
Total Liabilities -
EQUITY:
Equity 12,213,676
Total Equity 12,213,676
Total Liabilities and Equity 12,213,676
TIRZ #2
STATEMENT OF REVENUES, EXPENDITURES & CHANGES IN FUND BALANCE
FOR MONTH ENDED MAY 31, 2013
FY2013 FY2012
ACTUAL ACTUAL
REVENUES TO - DATE TO -DATE
Taxes
Alvin ISD 3,947,861 3,913,800
Brazoria County
City of Pearland 9,629,195 9,161,513
Fort Bend County 495,586 425,761
Interest 7,473 2,798
Miscellaneous 1,272,070
TOTAL 14,080,115 14,775,942
EXPENDITURES
Miscellaneous Services 2,061 2,324
Payment to City of Pearland 6,158,425 5,759,244
Payment to Development Authority
Transfers 1,272,070
TOTAL 6,160,486 7,033,638
Net Change in Fund Balance 7,919,629 7,742,304
BEGINNING FUND BALANCE 4,294,047 4,273,583
ISD Suspense Fund 8,174,943 7,979,933
ENDING AVAILABLE FUND BALANCE 4,038,733 4,035,954