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CITY OF RALEIGH

ADOPTED BUDGET 2014-15

RESOLUTION NO. 2015 – 322

Operating Budget for Municipal Service Districts

City of Raleigh

Fiscal Year 2016-17

WHEREAS

, Article 23 of Chapter 160A of the North Carolina General Statutes, entitled “The

Municipal Service District Act of 1973,” authorizes the City Council of any city within North Carolina to

define one or more service districts for the purposes enumerated in that Act and pursuant to the

procedure therein prescribed; and

WHEREAS

, the City Council of the City of Raleigh, North Carolina has established the Municipal

Service District as defined in Resolution 2009-795 and 2014-919 for the purpose of pursuing urban

revitalization projects.

NOW, THEREFORE, BE IT RESOLVED

by the City Council of the City of Raleigh that the

following budget for the Municipal Service District for Fiscal Year 2016-17 is hereby approved:

REVENUE

AMOUNT

Downtown Municipal Service District

$ 1,122,199

Hillsborough Street Municipal Service District

$ 611,900

EXPENDITURES

AMOUNT

Downtown Municipal Service District

$ 1,122,199

Hillsborough Street Municipal Service District

$ 611,900

Adopted:

June 20, 2016

Effective:

July 1, 2016

Distribution:

Budget:

Budget and Management Services

Finance:

Allison Bradsher

Audits:

Martin Petherbridge

Information Tech:

Jackie Taylor

Department Heads

Downtown Raleigh Alliance

Hillsborough Community Services Corporation