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File #: 15-7803    Version: 1 Name:
Type: Action Review Status: Agenda Ready
File created: 3/13/2018 In control: City Council Business Meeting
On agenda: 4/23/2018 Final action: 4/23/2018
Title: Municipal Service Districts Annual Update
Attachments: 1. MSD 5 City Council Presentation_2018, 2. City Council brief 042318 print version

Title

Municipal Service Districts Annual Update

 

Body

Resource(s):

Phil Reiger, Strategy and Budget

Bill Parks, Strategy and Budget

 

Time: 40 minutes

 

Explanation

§                     The City of Charlotte contracts with various financial partners to provide specific services that are aligned with City Council’s Focus Areas and other strategic priorities.

§                     Two financial partners, Charlotte Center City Partners and University City Partners, administer services within the City’s Municipal Service Districts.

§                     Per state statute, agencies providing services for Municipal Service Districts are required to provide an annual workplan report to City Council.

 

Future Action

Financial partner funding recommendations will be presented in the City Manager’s Fiscal Year 2019 Recommended Budget on May 7, 2018. City Council will be asked to approve financial partner funding allocations as part of the Fiscal Year 2019 Budget Adoption on June 11, 2018.