ADMINISTRATION - Joe Huss, Finance Director
Title
ADOPT 2020 COMMUNICATIONS FUND BUDGET
Background
Staff presented a proposed 2020 Communications Fund Budget for discussion at the November 04, 2019 Council Workshop. Council reviewed the proposed budget and indicated their conceptual approval of the budget presented. A summary of the budget is as follows:
• Total fund revenue is expected to increase by $1,700 with all of that increase coming from net Cable TV franchise tax revenue.
• Net CATV franchise revenue is expected to increase to $223,000
• Investment earnings are expected to remain flat for 2020
• Budgeted operating expenditures are $235,700
• Capital expenditures of $35,000 are planned for 2020 for the purchase of CivicRec, a new Parks/Recreation communications software and for conference room technology upgrades as part of the City Hall expansion project.
Recommendation
By motion, adopt the attached resolution
Body
WHEREAS, the proposed Communications Fund Budget for the fiscal year commencing January 1, 2020 has been prepared by the City Manager; and
WHEREAS, the City Council has examined, studied and reviewed said proposed Communications Fund Budget; and
WHEREAS, the City Council has, after due consideration and deliberation, made such amendments and adjustments in the proposed Communications Fund Budget as they consider necessary, desirable or expedient;
NOW, THEREFORE, BE IT RESOLVED, that the Blaine City Council of the City of Blaine as follows:
1. That the proposed Budget for the Communications Fund attached hereto is approved.
2. That the 2020 appropriations attached hereto are approved.
3. That the 2020 funding sources identified and attached hereto are approved.
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 Communications Fund Budget.
PASSED by the City Council of the City of Blaine this 18th day of November, 2019.