Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2019 Annual Budget for Mt. Prospect Avenue Neighborhood Improvement District Management Corporation for the Mt. Prospect Avenue Neighborhood Improvement District (MPANID) Purpose: Reading and Adopting 2019 Annual Budget for Mt. Prospect Avenue Neighborhood Improvement District Management Corporation Amount: $330,000.00 Budget Period: January 1, 2019 through December 31, 2019 Additional Information: Budget Introduction authorized by Resolution 7R2-d(s) adopted on June 11, 2019. The amount anticipated to be raised by special assessments to support the annual budget of the Mt. Prospect Management Corporation for the 2019 Budget Year (January 1, 2019 through December 31, 2019) is estimated to be $253,680.00.