HomeMy WebLinkAbout2023 Final Cultural Arts Budget AdjustmentBUDGET ADJUSTMENT REQUEST FORM
Dept:Fiscal Year Affected:2023
Accounts to Receive Increased Budget:
Account:04399-3901 Amount:408,800 Name:FUND TFRIN-GEN FUND-REDUCE
Account:04462-3760 Amount:186,200 Name:PRIVATE GRANTS-FOR REPOINTING
Account:Amount:Name:
Account:40464-5516 Amount:65,000 Name:OUTDOOR STAGE
Account:40464-5562 Amount:15,100 Name:BUILDING REMODEL-UNDER STAGE
Account:Amount:Name:
Account:81500-4370 Amount:36,000 Name:BOOKINGS-CITY PAYOUTS/EXPENSES
Account:81506-4370 Amount:3,000 Name:SUMMER MUSICAL/CAMP EXPENSES
Account:81461-4160 Amount:45,000 Name:PART TIME WAGES-NON ASSIGNABLE
Account:81461-4200 Amount:4,500 Name:BENEFITS
Account:81461-4300 Amount:4,000 Name:SUPPLIES
Account:81461-4491 Amount:3,700 Name:CREDIT CARD PROCESSING FEES
Account:81461-3320 Amount:5,000 Name:FEDERAL GRANT
Account:81501-3100 Amount:5,500 Name:REXBURGS GOT TALENT
Account:81502-3100 Amount:3,900 Name:CINEMA/MOVIE ADMISSIONS
Account:Amount:Name:
Account:01499-4981 Amount:35,700 Name:FUND TFR OUT TO CULTURAL ARTS FUND
TOTAL:821,400
Accounts Where Budget is Coming From:
Account:04462-5521 Amount:595,000 Name:MASONRY (REPOINTING)
Account:Amount:Name:
Account:40464-3999 Amount:50,000 Name:Fund Balance Carryover-T Mobile Grant
Account:40464-3760 Amount:10,000 Name:CONTRIBUTION-CHC FOUNDATION
Account:40464-3148 Amount:10,100 Name:RENTAL-ROMANCE THEATER
Account:40464-5563 Amount:10,000 Name:HEAT/AC UPGRADE SET ASIDE
Account:Amount:Name:
Account:81461-3771 Amount:2,000 Name:CONTRIBUTIONS-PRIVATE GRANTS
Account:81500-3100 Amount:36,000 Name:BOOKINGS-CITY GENERATED ADMISSION
Account:81503-3040 Amount:2,400 Name:REGISTRATION-THEATER PROG/CLASS
Account:81506-3040 Amount:5,000 Name:REGISTRATION-SUMMER MUSICAL
Account:81506-3100 Amount:13,000 Name:SUMMER MUSICAL ADMISSION
Account:81514-3100 Amount:16,500 Name:VISUAL ARTS CLASS ADMISSIONS
Account:81399-3901 Amount:35,700 Name:FUND TRANSFER IN-GENERAL FUND
Account:Amount:Name:
Account:01411-6000 Amount:35,700 Name:CONTINGENCY-GENERAL FUND (Leaves $41,500)
TOTAL:821,400
Net Expense less Revenue - (This must be zero)
Coming From:Contingency:35,700
Other Expense:10,000
New Revenue:775,700
TOTAL INCREASE 821,400
Reason for the Increase:
Add new Program revenues and expenses to cultural arts and add $35,700 from general fund contingency
to bring the fund into balance with projections
Signed:
Dept Head:Date:
CFO:Date:
Mayor:Date:
Approved by the City Council (*if necessary) on this Date:
*City Council approval required if:
1)$10,000 or more is taken from Contingency
2)$50,000 or more is a change in a Capital Purchase
3)New Full-time Regular personnel positions
4)Additional Full-time Regular personnel
5)New Types of Major Programs
to accommodate for some needed sewer repairs where having backup issues.
Able to reduce the subsidy on Tabernacle in FY23 where we are deferring the repointing project to FY24.
CULTURAL ARTS
Add budget for the Romance outdoor stage project we hope to finalize in FY23. Being paid with $60,000 of
grants and an increase in rental revenue. Are also needing to increase the remodel budget at Romance