Item Coversheet
Commission Agenda Item
 

MEETING DATE:  10/22/2018

SUBJECT:  Resolution 19-01 Amending the City of Alachua Fiscal Year 2018-2019 Budget; Recognizing Unanticipated Revenue in the Special Revenue Donation Fund in the amount of $23,000 and Appropriating for Related Recreation Program Expenses

PREPARED BY:  Robert A. Bonetti, Finance & Administrative Services Director

RECOMMENDED ACTION:

Adopt Resolution 19-01.

 

Summary

Fall youth recreation activities are currently underway.  At this point in time, the City continues to administer the fiscal activities related to youth flag football, basketball and volleyball.  It is necessary to establish budget for these programs in order to enable to financially account for any revenues and expenditures related to these programs.

 

Resolution 19-01 establishes the necessary budget to provide for the recognition of revenues and expenses related to the fall youth recreation programs.  These programs rely on revenues derived from  team fees, participant registrations and generous sponsorships that are received.

 
FINANCIAL IMPACT: Yes
BUDGETED: No
AMOUNT:  $23,000
FUNDING SOURCE:  Other
ADDITIONAL FINANCIAL INFORMATION:Adoption of Resolution 19-01 would increase the total City of Alachua FY 2018-2019 Budget to $53,197,187.
 
COMMISSION GOALS:
Quality of Life, Strengthen Community Services

 
ATTACHMENTS:
Description
Resolution 19-01
19-01 Ex A
SIGNED