Item Text

S-2. DEBT SERVICE TRANSFER Approve an increase in the transfer in the amount of $115,500 from the Stadium District (680) Debt Series 02 Fund (370) Operating Budget (0000) to the Stadium District (680) Cactus League Operations Fund (250) Operating Budget (0000). This will result in an increase in the amount of $115,500 to the expenditure budget for the Stadium District (680) Debt Series 02 Fund (370) Operating Budget (0000) and an increase in the amount of $115,500 to the revenue budget for the Stadium District (680) Cactus League Operations Fund (250) Operating Budget (0000). The above transactions will be offset with corresponding adjustments to Stadium District (680) Eliminations Fund (900) Operating Budget (0000) for a net impact of zero. (C-68-11-009-M-00)