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Title:
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A Resolution concerning the Fiscal Year 2004-2005 Operating Budget and Capital Improvement Program of the Revenue Authority of Prince George's County
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Title
A Resolution concerning the Fiscal Year 2004-2005 Operating Budget and Capital Improvement Program of the Revenue Authority of Prince George's County
Background
The Revenue Authority is proposing a $35.6 million six-year capital improvement program that includes two projects to provide a total of approximately 6,000 parking spaces:
College Park/Riverdale TDOZ (TG 660533)
New Carrollton Parking District (TG660513)
In Fiscal Year 2005 no expenditures are authorized. This resolution approves the proposed capital improvement program as well as the operating budget for the Revenue Authority.
The Revenue Authority is required to submit its proposed operating budget to the Council for comments. This resolution states the Council's concurrence in the Authority's proposed FY2005 operating budget of $5.34 million.