HomeMy WebLinkAbout104 - 08/20/2024 - APPROPRIATING UNANTICIPATED REVENUE IN THE CULTURAL SERVICES AND FACILITIES FUND FOR ARTIST AND MUSI (2)ORDINANCE NO.104,2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CULTURAL SERVICES AND FACILITIES FUND FOR ARTIST
AND MUSICIANS’FEES FOR SHOWS AT THE LINCOLN
CENTER
A.City staff recommends that the budget for the Lincoln Center be increased
by $644,000 to accommodate higher-than-expected revenues and expenditures for
additional productions and national and international tour shows presented or produced
by the City.As the Lincoln Center is self4unded,this appropriation has no net impact on
the Cultural Services and Facilities Fund and requires no subsidy from the General Fund.
B.This appropriation benefits the public health,safety,and welfare of the
residents of Fort Collins and serves the public purpose of supporting a City performing
arts venue.
C.Article V,Section 9 of the City Charter permits the City Council,upon the
recommendation of the City Manager,to make supplemental appropriations by ordinance
at any time during the fiscal year from such revenues and funds for expenditure as may
be available from reserves accumulated in prior years,notwithstanding that such reserves
were not previously appropriated.
D.The City Manager has recommended the appropriation described herein
and determined that this appropriation is available and previously unappropriated from
the Cultural Services and Facilities Fund and will not cause the total amount appropriated
in the Cultural Services and Facilities Fund to exceed the current estimate of actual and
anticipated revenues and all other funds to be received in this Fund during this fiscal year.
In light of the foregoing recitals,which the Council hereby makes and adopts as
determinations and findings,BE IT ORDA NED BY THE COUNCIL OF THE CITY OF
FORT COLLINS that there is hereby appropriated from unanticipated revenue in the
Cultural Services and Facilities Fund the sum of SIX HUNDRED FORTY-FOUR
THOUSAND DOLLARS ($644,000)to be expended in the Cultural Services and Facilities
Fund for artist and musicians’fees for shows at the Lincoln Center.
Introduced,considered favorably on first reading on July 16,2024,and approved
on second reading for final passage on August 20,2024.
ATTEST:
I
ity frk
I—
Effective Date:August 30,2024
Approving Attorney:Ted Hewitt
Mayor Pro