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Riverbank LRA approves midyear budget adjustment, reduces projected net loss
City Council and Local Redevelopment Authority Board, City of Riverbank · April 23, 2024
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Summary
The Local Redevelopment Authority approved a midyear amendment for FY 2023–24 after staff reported additional revenue (including a $175,000 Aemetis consideration) that reduced the projected net revenue loss from about $382,000 to $280,000; council approved the resolution 5–0.
The Riverbank Local Redevelopment Authority on April 23 approved a midyear budget amendment for the FY 2023–24 LRA budget after staff reported additional unplanned revenue.
Cody Bridgewater, interim executive director…
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