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File #: RES 18-38    Version: 1 Name: Amend 2018 Charitable Gambling Fund Budget
Type: Resolution Status: Passed
File created: 3/15/2018 In control: City Council
On agenda: 3/15/2018 Final action: 3/15/2018
Title: AMEND 2018 CHARITABLE GAMBLING FUND BUDGET
Sponsors: Joe Huss

ADMINISTRATION - Joe Huss, Finance Director

 

Title

AMEND 2018 CHARITABLE GAMBLING FUND BUDGET

 

Background

As part of the 2018 budget process, Council adopted the 2018 Charitable Gambling Fund Budget and appropriated $142,750 for contributions to qualified organizations.  At the time of adoption, Council also directed that $10,000 be retained in reserves to fund the publication of a book by the Blaine Historical Society (BHS).

 

At the February 15, 2018 Council Workshop, representatives from the BHS updated the Council on their progress to date regarding the publication of Stories of Blaine, a book to be published at some point this year.  Council requested the BHS to determine the number of books they would like published and directed staff to pay the $10,000 held in reserve once BHS has contracted for publication of the book. The resolution below authorizes amending the 2018 Charitable Gambling Fund budget by $10,000 and appropriating those funds to BHS.

 

Recommendation

Approve the following resolution.

 

Body

WHEREAS, Sound budgeting principles promote appropriating necessary funds required to accomplish approved objectives; and

 

WHEREAS, Sound budgeting principles also promote providing for contingencies and unforeseen emergencies so as to not prevent objectives from being met; and

 

WHEREAS, Appropriations were made in the 2018 Charitable Gambling Fund Budget sufficient for anticipated activity; and

 

WHEREAS, the Blaine Historical Society is now requesting that funds held in reserve to be used for the publication of a book be appropriated for that purpose; and

 

WHEREAS, Blaine staff has confirmed that the reserves are on hand;

 

NOW THEREFORE BE IT RESOLVED that the City Council of Blaine amends the 2018 Charitable Gambling Fund Budget, and authorizes the City Manager to implement the following amendment:

 

                     Charitable Gambling Fund $10,000 - Donations 240.30.300.301-4408

 

PASSED by the City Council this 15th day of March 2018.