Title
Adopt the Public Cultural & Entertainment Facilities Cooperative District FY19 Budget
Summary
Description of Topic: (who, what, where, when, why and how much)
The Public Cultural & Entertainment Facilities Cooperative District is included as a portion of the FY19 City of Foley Budget that will be adopted on Monday, September 17, 2018.
The attached proposed FY18 budget includes the projected close for FY18.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, the City of Foley Public Cultural & Entertainment Facilities Cooperative District's proposed FY 19 budget is included in the City of Foley's FY 19 budget that will be adopted by City Council on Monday, September 17, 2018, and
WHEREAS, the City of Foley Public Cultural & Entertainment Cooperative District's proposed FY 19 budget needs to be adopted prior to September 30, 2018.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the City of Foley Public Cultural & Entertainment Cooperative District's proposed FY 19 budget .
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.