HomeMy Public PortalAboutAB 14-174- FY14 LOT funds use request-Chamber of Commerce
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 14-174
Meeting Date September 25, 2014
AGENDA ITEM INFORMATION
SUBJECT:
Chamber of Commerce Request to reallocate FY15 LOT funds from the ITC Grant to Winter Carnival
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Originator
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$3,875
Parks and Recreation
FUNDING SOURCE:
LOT funds
Airport
Library
TIMELINE:
FY15
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
The McCall Area Chamber of Commerce submitted 4 applications for funding to the Local Option Tax Commission. The applications were for 4th of July fireworks - $10,000, Winter Carnival
Fireworks - $10,000, ITC Grant Match for Advertising – $22,000, and Advertising for the 50th McCall Winter Carnival. Priority funding was approved for the following - 4th of July fireworks
- $8,000(with the remaining $2,000 in contingency), Winter Carnival Fireworks - $8,000(with the remaining $2,000 in contingency), and ITC Grant Match for Advertising – $22,000. The
request for Advertising for the 50th McCall Winter Carnival at was recommended in contingency for $10,000.
The Chamber was awarded $18,125 for the matching ITC Grant, therefore of the $22,000 requested the Chamber will only need $18,125. The Chamber is requesting to re-allocate the $3,875
to either Winter Carnival Fireworks or Winter Carnival Advertising (attached).
Attached to this Agenda Bill are the list of priority and contingency projects that were funded for FY15 and a list of partially funded projects. Considering that all 4 of the Chamber
applications were fully funded either on the priority list or the contingency list, staff is recommending that Council consider reallocating the $3,875 to a partially funded project
for FY15.
RECOMMENDED ACTION
Reallocate the $3,875 from the Chamber’s ITC Grant request to a partially funded FY15 project.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION