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. <br /> FINANCIAL MANAGEMENT DEPARTMENT <br /> #2004 - 09 <br /> Apri18, 2004 <br /> MEMO TO: The Honorable Mayor and City Council Members <br /> FROM: Steve Garman, City Manager � �� <br /> Beth Couter, Director of Financial Management��J'=�" <br /> SUBJECT: Supplemental Appropriation for Fiscal Year 2003-2004 <br /> Attached is a supplemental appropriation for the Olde Towne Redevelopment TIF for the <br /> fiscal year 2003-2004, for funding received after the passage of the Appropriation Ordinance, <br /> approved on July 7, 2003. <br /> The City actually received more TIF real estate tax money than was budgeted. The <br /> additional authority allows for this fund to pay for eligible TIF expenditures. <br />