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HomeMy Public PortalAboutAB 19-053 McCall Winter Sports Club LOT ReallocationMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 19-053 Meeting Date March 14, 2019 AGENDA ITEM INFORMATION  SUBJECT: Request to Reallocate Local Option Tax Funds for the McCall Winter Sports Club Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk  Originator   Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT:  Parks and Recreation    FUNDING SOURCE:  Airport      Library    TIMELINE:  Information Systems      Grant Coordinator    SUMMARY STATEMENT: Local Option Tax (LOT) recipients have one year to utilize funds received and give report on how they were expended. The McCall Winter Sports Club was awarded $2175 for their LOT application 19-38, Alpine Chris Bodily Memorial 4-way Race. The receipts for the expenditures for the event total $2087.64, leaving a balance of $87.36. Rather than refunding the balance, they are requesting a reallocation of the remaining funds toward their application 19-40, Hidden Valley Hoedown, which was awarded $2800. Funds for both events are expected to be disbursed in March 2019, with completion reports and receipts due the by March 2020. See the attached McCall Winter Sports Club’s LOT 19-38 and 19-40 funding applications, along with the correspondence requesting the reallocation of the funds.  RECOMMENDED ACTION: Approve the reallocation of unspent Local Option Tax funds for McCall Winter Sports Club’s LOT application 19-38 in the amount of $87.36 to their application 19-40 and authorize the Mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION