Title
Request to reclass operating budget from the Public Athletic & Sports Facilities Cooperative District to the City's General Fund, Sports Tourism Department.
Summary
The cost of operating the multi-use fields was budgeted under the District and needs to be reclassed to the City's General Fund.
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 operating cost of the Public Athletic and Sports Facilities Cooperative District's (PASFCD) multi-use fields was budgeted under the District's fund 50 and
WHEREAS, the City, through its General Fund, will be leasing the property from the District and the Sports Toursim Department will be operating the multi-use fields, and
WHEREAS, the ball-fields operations budget, which was offset by a transfer between the two funds, needs to be moved from the PASFCD Fund to the General Fund.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Amend the budgets of the PASFCD and the City General Fund for a zero increase in total budgeted dollars, as per the document attached to and made a part of this resolution.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.