Vote: approved

Item Text

S-1. ADOPTION OF THE STADIUM DISTRICT FY 2012 BUDGET Approve the Stadium District FY 2012 Budget in the amount of $$8,391,083. by total appropriation for each fund and function for the Stadium District. This amount represents no net change from the Tentative Adopted budget of $$8,391,083. Also, pursuant to A.R.S. §48-252, submit a copy of the Stadium District’s FY 2012 Final Budget to the Maricopa County Board of Supervisors and the Maricopa County Treasurer, and pursuant to A.R.S. §48-4232 submit a copy of the Stadium District FY2012 Final Budget to the Clerk of the Board of Supervisors. On December 13, 2010 the Board of Directors approved the policy guidelines that the Stadium 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-49-11-091-M-00)