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Resolution Approving the Fiscal Year 2004 -2005 <br />Community Redevelopment Agency Budget <br />June 21, 2004 <br />Page 2 <br />percent), payment to the Low and Moderate - Income Housing Fund totaling <br />$10,318,955 (26.4 percent) pursuant to California Redevelopment Law, <br />payment of pass- through obligations to other taxing districts totaling <br />$5,749,500 (14.8 percent), management and administration of the six <br />redevelopment project areas totaling $4,621,460 (11.9 percent), and the <br />funding of eligible capital projects totaling $1,600,000 (4.1 percent). <br />FISCAL IMPACT <br />The fiscal year 2004 -2005 Community Redevelopment Agency budget reflects <br />the sum of the appropriations for debt service, contractual, capital <br />projects, and administrative obligations in the six redevelopment project <br />areas and the Housing Set -Aside fund. <br />Aelb <br />JOV P. Reekstin <br />Executive Director <br />JPR /NTE /kla <br />H: Actions\2004CRAV 2esoAprvgFY04- 05CRABudget- 6 -21 -04 <br />4 2 <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Executive Director <br />Finance & Management Services Agency <br />