Laserfiche WebLink
CITY COUNCIL <br />AGENDA ITEM 2A (iv) <br /> <br /> <br />STAFF ORIGINATOR: Sarah Cotton <br /> <br />MEETING DATE: December 11, 2017 <br /> <br />TOPIC: Consider Resolution No. 17-144, Adopting the 2018 Recreation <br />Fund Budget <br /> <br />VOTE REQUIRED: 3/5 <br /> <br /> <br />BACKGROUND <br /> <br />The City Council has reviewed the proposed 2018 Recreation Fund Operating Budget during their <br />budget work sessions. The budget being presented for approval has not changed since the work <br />session held December 4th. The Recreation Fund is a special revenue fund and operates from <br />revenues collected from recreation fees. No part of the tax levy is used to finance Recreation Fund <br />operations. Historically, the City has budgeted a transfer to the General Fund to offset a portion of <br />the recreation department’s fixed costs. The contribution from the Recreation Special Revenue <br />Fund to the General Fund has ceased in the 2018 budget. The budget for 2018 estimates that a small <br />deficit will be realized in this fund. <br /> <br />RECOMMENDATION <br /> <br />Staff recommends the approval of Resolution No. 17-144. <br /> <br />ATTACHMENTS <br /> <br />Resolution No. 17-144, Adopting the 2018 Recreation Fund Budget <br />