HomeMy WebLinkAbout2004 07 12 Consent 203
COMMISSION AGENDA
ITEM 203
Consent X
Informational
Public Hearing
Regular
/'-
cQ
July 12, 2004
Regular Meeting
Mgr. / Dept.
Authorization
REQUEST:
The Parks and Recreation Department is requesting that the City
Commission approve a Supplemental Appropriation from General Fund
Reserves in the amount of $ 14,000 to fund an incorrect assumption of
Athletic League Expenses and to increase unbudgeted league revenue by
$ 14,000.
PURPOSE:
The purpose of this item is to approve needed funding for Athletic League
expenses for the remainder of Fiscal Year 2003/2004.
CONSIDERATIONS:
. The Athletic Leagues and Summer Sports Camps have expanded the Athletic Budget
expenses and revenues. Staff made a false assumption regarding expenses.
. $ 10,000 is needed to fund Athletic Leagues expenses for the remaining of Fiscal Year
2003/2004 supported by revenue. The revenue was included in the budget, but the
expenses were not.
. $ 4,000 is needed to fund the Community Youth Organization (part time staffing and
program expenses). The program does not generate any revenue but meets a needed
Community Service.
. The total Athletic League Revenues will still cover all of the Athletic Expenses Budget,
including this correction.
. Staff has incorporated the correct changes of the expenses and revenues in the Athletic
Program Budget for the proposed Fiscal Year 2004/2005 Budget.
FUNDING:
A total of $ 14,000 is requested as a Supplemental Appropriation from
General Fund Reserves to fund Athletic League expenses for the
remainder of Fiscal Year 2003/2004. The additional expenses have been
off set by additional revenues.
RECOMMENDATIONS:
The Parks and Recreation Department is recommending that the City Commission approve a
Supplemental Appropriation from General Fund Reserves in the amount of $ 14,000 for
Athletic League Expenses and to increased unbudgeted league revenue by $ 14,000.
ATTACHMENTS:
COMMISSION ACTION: