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Report to Agency Board regarding <br />Mid Year Budget Adjustment for ERAF <br />Page 3 of 3 <br />CONSISTENCY WITH IMPLEMENTATION PLAN <br />This item is consistent with the Implementation Plan in that it is mandated under Health & Safety <br />Code 33685. <br />RECOMMENDATION <br />Staff respectfully requests the Agency Board adopt Agency Resolution No 879, amending its <br />2008/09 Budget to allow funding for the State mandated ERAF in the amount of $775,184 (Down <br />Town I has sufficient dollars $8,032 in existing budget). <br />Attachment: <br />Agency Resolution No. 879 <br />RDA/Admin/Meetings/2008/May 5/Mid Year Budget ERAF 050509 <br />