HomeMy WebLinkAbout2004 06 14 Regular 507
COMMISSION AGENDA
ITEM 507
CONSENT
INFORMATIONAL
PUBLIC HEARING
REGULAR X
June 14, 2004
Meeting
MGR fir IDEPT Q
Authorization
REQUEST: The Finance Department is requesting authorization to treat arbor permit fees
and arbor license fees as revenue streams for the Arbor Fund rather than for the
General Fund, which is the current practice. Treatment to be prospective and
retroactive to 10/01/03.
PURPOSE:
The purpose of this Board item is to request authorization to treat arbor permit fees and arbor license
fees as revenue streams for the Arbor Fund (rather than for the General Fund, which is the current
practice), prospectively and retroactively to 10/01/03.
CONSIDERATIONS:
As of 5/21/04, arbor permit fees (001-329400) have generated $7,305 in revenues and arbor licenses
(001-329000) have generated $1,403 in revenues. While these revenues are not significant revenues
for the General Fund, their presence in the Arbor Fund would significantly help to fund various arbor
programs and improvements.
FUNDING: Not applicable
RECOMMENDATION:
It is recommended that the City Commission approve authorization to treat arbor permit fees and
arbor license fees as revenue streams for the Arbor Fund (rather than for the General Fund, which is
the current practice), prospectively and retroactively to 10/0 1/03.
061404_ COMM _Regular _507 _Arbor ]und _Revenues
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IMPLEMENTATION SCHEDULE:
If app'roved, both year-to-date actual revenue as well as prospective revenues, for these current
General Fund revenue accounts would be moved to the Arbor Fund.
ATT ACHMENTS:
None
COMMISSION ACTION
061404_ COMM _Regular _507 _Arbor ]und _Revenues
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