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HomeMy Public PortalAboutAB 23-213 Reallocation of LOT funds for Local Art for Light BoxesMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 23-213 Meeting Date November 9, 2023 AGENDA ITEM INFORMATION  SUBJECT: Request to approve reallocation of FY22 LOT funding to the Local Art for Light Boxes project Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT: $5,000 Parks and Recreation    FUNDING SOURCE: FY22 LOT 10-47-150-642 Airport      Library    TIMELINE: asap Information Systems      Economic Development  originator  SUMMARY STATEMENT: The recently completed downtown mural project was partially funded by fiscal year 2022 (FY22) Local Option Tax (LOT) collections which totaled $17,500 on the contingency funding list. Thanks to project cost savings and funding support from the McCall Redevelopment Agency, the mural project is complete and a $5,000 balance of FY22 LOT funding remains. During the FY23 LOT funding process, the Local Art for Light Boxes project was recommended for funding of $10,500. However, FY23 LOT collections are less than budgeted, and this project did not receive funding. Therefore, the Public Art Advisory Committee is requesting that the remaining balance ($5,000) of FY22 LOT funds approved for the downtown mural project be reallocated to the Local Art for Light Boxes project. The total budget for the Local Art for Light Boxes project is $15,000, which would install vinyl wrap artwork on seven (7) light control pedestals. The McCall Redevelopment Agency has approved $7500 for the project to date. If full project funding cannot be secured, the project will proceed with fewer light pedestal artwork installations at this time. A copy of the Local Art for Light Boxes project proposal submitted for FY23 LOT funding is attached.  RECOMMENDED ACTION: Approve reallocation of $5,000 of FY22 LOT funding from the downtown mural project to the Local Art for Light Boxes project.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION