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Case # <br />CONSIDER 2011 EDA BUDGET AND LEVY <br />By: Heidi A. Nelson, Deputy City Administrator/Director of Community Development <br />Background: <br />Staff has prepared a draft Economic Development Authority (EDA) budget and levy for <br />consideration by the EDA. The proposed 2011 levy and budget are consistent with the budget <br />and levy that was adopted for 2010. Diana Lund, Finance Officer will be present for the meeting <br />to answer any questions EDA members may have with regard to the levy authority of the EDA. <br />The draft budget is attached for EDA review. <br />Staff Recommendation: <br />Review draft budget and levy and provide feedback to staff in preparation for City Council <br />action to set the preliminary levy by September 15th' 2010. <br />EDA Action: <br />Approve proposed budget and levy and make recommendation to the City Council regarding the <br />proposed 2011 EDA Budget and Levy. <br />Attachments: <br />a) Proposed 2011 EDA Budget <br />EDA: 08/12/10 <br />