Title
Subject: State Budget Impact - Education Revenue Augmentation Fund
From: Community and Economic Development Agency
Recommendation: Adopt An Agency Resolution Amending The Fiscal Years 2009-2011 Biennial Budget To Revise Fiscal Year 2009-2010 Revenue Projections And To Provide For Fiscal Year 2009-2010 Payments To The Supplemental Educational Revenue Augmentation Fund (SERAF), And Amending Resolution No. 01-85 To Provide For A Portion Of The Payments To The SERAF To Come From The Agency's Voluntary Five Percent Contribution To The Low And Moderate Income Housing Fund