ITEM: 12.1 ADMINISTRATION - Joe Huss, Finance Director
Title
ADOPT 2014 CHARITABLE GAMBLING FUND BUDGET
Background
Staff presented a proposed 2014 Charitable Gambling Fund Budget for discussion at the November 14, 2013 Council Workshop. Council reviewed the proposed budget and the estimated fund reserves. At Council's direction, staff has appropriated funding for 2014 for those organizations listed below. A summary of the budget is as follows:
· Total Revenues budgeted for 2014 equal $85,500, a $20,000 increase over the 2013 Adopted Budget.
· Total expenditures equal $114,750. Specific allocations for each year are as follows:
|
2013 |
2014 |
Alexandra House |
$30,000 |
$40,000 |
Food Shelves |
|
|
CEAP |
$7,500 |
$7,500 |
Centennial Food Shelf |
$7,500 |
$7,500 |
Kingswood Church |
$7,500 |
$7,500 |
Good Shepherd Church |
$ - |
$5,000 |
High Schools (3) |
$2,250 |
$2,250 |
Civil Air Patrol |
$5,000 |
$5,000 |
Poseidon Sea Cadets |
$25,000 |
$25,000 |
Blaine Historical Society |
$ - |
$10,000 |
Beyond/ Yellow Ribbon |
$ - |
$5,000 |
|
|
|
|
$84,750 |
$114,750 |
Recommendation
By motion, approve attached resolution.
Body
WHEREAS, the proposed Charitable Gambling Fund Budget for the fiscal year commencing January 1, 2014 has been prepared by the City Manager; and
WHEREAS, the City Council has examined, studied, and reviewed said proposed Charitable Gambling Fund Budget; and
WHEREAS, the City Council has, after due consideration and deliberation, made such amendments and adjustments in the proposed Charitable Gambling Fund Budget as they consider necessary, desirable, or expedient.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Blaine as follows:
1. That the proposed Budget for the Charitable Gambling Fund attached hereto is approved.
2. That the 2014 appropriations attached hereto are approved.
3. That the 2014 funding sources identified and attached hereto are approved.
4. That the City Manager is authorized and directed to implement and to administer, within the budgetary funding limits and within adopted City policy and relevant State and City laws and regulations, said approved Charitable Gambling Fund Budget.