HomeMy WebLinkAbout2026 Budget Adjustment Art PromulgationBUDGET ADJUSTMENT REQUEST FORM
Dept:Fiscal Year Affected:2026
Expense Accounts to Receive Increased Budget:
Account:36461-5836 Amount:15,000
PUBLIC ART-KINETIC ART 3-D WOOD WALL
SCULPTURE FOR TETON DAM EXHIBIT
Account:Amount:6,500
PUBLIC ART-WOOD ASSEMBLAGE PAINTING
HONORING AMERICAS FAMILY COMMUNITY
Account:Amount:
TOTAL:21,500
Accounts Where Budget is Coming From:
Account:36461-6000 Amount:21,500 CONTINGENCY-GENERAL FUND
Account:Amount:
Account:Amount:
Account:Amount:
TOTAL:21,500
Net Expense less Revenue - (This must be zero)
Coming From:Contingency:21,500
Other Expense:
New Revenue:
TOTAL INCREASE 21,500
Reason for the Increase:
in the fund at Fiscal Year 26 yearend. You will also need to stop subsidizing cultural arts wages in future budgets,
which will increase the subsidy in the general fund going forward.
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
and arts fees collected of possibly $22,000 (total of $150,000 available to spend) you may carryover a slight deficit
Arts Promulgation Fund
In FY 2026 we placed $90,000 in contingency line item for art to be proposed by Cultural Arts Dept to City Council.
It is good that the request is substantially less where I believe we will only be seeing around $17-$22,000 flowing
into this fund moving forward on average. The fund carried over about $128,000 at FY 25 Yearend.
In FY 2026 we show transfers of $135,000 to projects for the tabernacle, theater, and cultural arts wages.
If this budget adjustment is approved the total expenses would be $156,500 and with the carryover of $128,000