Posting Language
Title
Approve an ordinance amending the Fiscal Year 2025-2026 Financial Services Department Operating Budget Special Revenue East 6th Street Public Improvement Fund (Ordinance No. 20250813-005) to increase appropriations in the amount of $82,972 from funds available from assessment roll, prior-year collections, City of Austin contributions, interest and late payments for district services. Funding: $82,972 is available in the Operating Budget Special Revenue East 6th Street Public Improvement Fund of the Financial Services Department.
De
Lead Department
Financial Services Department.
Fiscal Note
Funding in the amount of $82,972 is available in the Operating Budget Special Revenue East 6th Street Public Improvement Fund of the Financial Services Department. A fiscal note is attached.
Prior Council Action:
September 12, 2024 - Approval Resolution No. 20240912-074 reauthorizing the existence of the East Sixth Public Improvement District for five years 2024-2029.
June 5, 2025 - Approval of Ordinance 20250605-029 setting the calendar year 2026 rate of assessment and assessment roll for the East Sixth Street Public Improvement District.
July 24, 2025 - Conduct a public hearing and approve an ordinance setting the assessment rate and adopting the 2026 East Sixth Public Improvement District assessment roll.?Approve an ordinance adopting the 6ixth Street Austin's Service and Assessment Plan and Budget for 2026.
August 13-15, 2025 - Approval of the East 6th Street Public Improvement Special Revenue Fund.
For More Information:
Kim Olivares, Director, Financial Services Department (512) 974-2924; Christine Maguire, Financial Services Department (512) 974-7131; Margaret Shaw, Financial Services Department (512) 974-6497.
Additional Backup Information:
This action will authorize spending of an additional $82,972 for a total of $174,369 in available funding in the Fiscal Year 2025-2026 East 6th Street Public Improvement District (PID) Special Reven...
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