Title
Approval of Budget Amendment 1585-04-13-09 to amend the fiscal year 2009 budget by transferring $12,000 from the General Fund's Operating Contingency to Cost Center 152E, Special Events for additional funding for the Roswell Criterium.
Presented by Kathleen Field, Director
Body
Item Summary:
The fiscal year 2009 budget established a cost center 152E, Special Events for the funding of city sponsored special events. This budget amendment will add an additional $12,000 to that cost center for the funding of the Roswell Criterium. The $12,000 along with the $18,000 currently available will provide the $30,000 of funding previously discussed.
Committee or Staff Recommendation:
On March 16, 2009 Council approved the use of $12,000 from the General Fund's Operating Contingency.
Financial Impact:
Approval of this amendment will increase Cost Center 152E and Account 531105 from $50,000 to $62,000 and decrease the General Fund's Operating Contingency, Cost Center 1585 and Account 579001 from $276,667 to $264,667.
Presented by:
Kathleen Field, Community Development Director
Mike Erwin, Director of Strategic Planning and Budgeting