Vote: approved

Item Text

S-1. PUBLIC HEARING ON THE STADIUM DISTRICT FY 2012 TENTATIVE BUDGET Pursuant to A.R.S. §48-4232, convene a public hearing to hear taxpayers who may wish to comment on the Stadium District FY 2012 Tentative Budget which was adopted May 23, 2011 and any proposed changes, by total appropriation for each fund and function for the Stadium District in the amount of $8,391,083. This amount represents no net change from the Tentative Adopted budget of $8,391,083. On December 13, 2010 the Board of Directors approved the policy guidelines that the District used to prepare and submit its budget. The budget request has been extensively reviewed by the Office of Management and Budget (OMB). In coordination with the Executive Director, the Stadium District FY 2012 Tentative Budget was presented to the Board of Directors and adopted on May 23, 2011. (C-49-11-090-M-00)