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HomeMy WebLinkAbout2012-04-24 OB Agenda Item No. 1cOVERSIGHT BOARD OF THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE TO: MEMBERS OF THE OVERSIGHT BOARD FROM: BARBARA LEIBOLD, SUCCESSOR AGENCY COUNSEL DATE: APRIL 24, 2012 SUBJECT: ADMINISTRATIVE BUDGET DETAIL Discussion: At its April 10, 2012 meeting, the Oversight Board approved the Administrative Budget for the Successor Agency for the period January through June 2012. The Board asked staff to provide detail supporting the material line items in the approved Administrative Budget for January through June 2012. A schedule setting forth the calculations and assumptions making up the material line items in the Administrative Budget will be distributed at the meeting on April 24, 2012. Recommendation: That the Oversight Board receive and file the detail of the Administrative Budget. Prepared and approved by: Barbara Leibold, City Attorney /Successor Agency Counsel AGENDA ITEM 1c Page 1