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OCII adopts $527.3 million FY2020–21 agency budget and CFD budgets

Commission on Community Investment and Infrastructure (OCII) · June 16, 2020
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Summary

OCII approved a $527.3 million agency budget for July 1, 2020——nd June 30, 2021, and separately approved community facilities district budgets; commissioners approved both items unanimously June 16.

The Office of Community Investment and Infrastructure approved a $527.3 million agency budget for fiscal year 2020–21 and separately approved community facilities district budgets at its June 16 meeting.

Nina Yu, OCIIFinancial Reporting and Management Analyst, told the commission the FY2020–21 budget totals $527,300,000, a $5.9 million (1.1%) increase from the prior year driven largely by higher property tax collections and use of prior-period…

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