File #: 17-0845R    Name:
Type: Resolution Status: Passed
File created: 11/22/2017 In control: Finance
On agenda: 12/4/2017 Final action: 12/4/2017
Title: RESOLUTION APPROVING THE FISCAL YEAR JANUARY 1, 2018 TO DECEMBER 31, 2018, OPERATION BUDGET OF THE DULUTH AIRPORT AUTHORITY.
Attachments: 1. Exhibit A

Title

RESOLUTION APPROVING THE FISCAL YEAR JANUARY 1, 2018 TO DECEMBER 31, 2018, OPERATION BUDGET OF THE DULUTH AIRPORT AUTHORITY.

 

Body

CITY PROPOSAL:

 

RESOLVED, that the operations budget for the fiscal year January 1, 2018 to December 31, 2018, in the amount of $14,166,311 for the Duluth Airport Authority is hereby approved.

 

Statement of Purpose

STATEMENT OF PURPOSE:  This resolution adopts the 2018 operating budget for the Duluth Airport Authority, a detailed budget is attached as Exhibit A.

                     

The 2018 operating budget represents an increase of $316,531, or 2.3% over the 2017 budget.