Coversheet


Item 5.b.


2018 MID-YEAR BUDGET REVISION

Background

H-GAC's Budget is a dynamic document. The bulk of H-GAC's revenues derive from intergovernmental contracts with local, state, and federal entities. These contracts have various durations, and may span more than one H-GAC budget year.

Current Situation

The proposed 2018 Revised Budget incorporates all known changes in revenues and expenditures, as well as financial results of operations through June.

Funding Source

N/A

Budgeted

N/A

Action Requested

Request adoption of proposed 2018 Revised Budget. (Staff Contact: Nancy Haussler)