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HomeMy WebLinkAbout2005-06-27 05-231 ORDERItem Na 05-231 Date: June 27, 2005 Item/Subject Omer, Authorizing Sponsorship of the July 4, 2005 Celebration Responsible Department: Finance Commentary: Currently, the City determines funding for the 4e of July celebration as part of its annual budget process. As the Gry is on a July 1^ Oscal year, determining funding for an event 3 days later represents a potential hardship for both partes. At a recent budget meeting, it was concluded that the City would like to transition iFs funding of the a of July Corporation in such a way that funding would be determined a year in advance. In order W accomplish this, It will be necessary to appropriate funds for the 2005 celebration outside of the budget prole.¢. The attached order would authorize the expenditure of previously appropriated but unexpended funds for this purpose. The unexpended funds were put aside to cover in -kith Coss associated with the Folk Festival and Senior Little League Word Series. The proposed H20M budget Includes the in-kind costs In the base budge[ of each respective department. Potential funding of the July 4e, 2006 Celebration is part of the proposed 82006 budget. Department Head Managess Comments: This approach was discussed during our budget sessions. 1 recommend appLeya� ff City Manager Budget Approval: FinanceDlreQor X Passage _ First Reading Page _ M_ Referral Assigmdto Covnc;lor Allen ]we 27, 2005 CITY OF BANGOR (TIRE.) Order, Authorizing Sponsorship of Me July 4, 2005 Celebration WHEREAS, historically Me CM of Bangor has appropriated funding for Me 4a' of July celebration during R§ annual budget process; and WHEREAS, Me annual budget process conclude; just days prior M Me event; and WHEREAS, Me doing between Me Oty Council decision and the planning of the events can result in potential hardships for both parties; and .WHEREAS, the City Council would like to change the funding cycle so Mat Me budget process would Include reviewing potential Funding of Me event Me Widening year; NOW, THEREFORE, BE R ORDERED By THE =( COUNCIL Of THE CRY OF BANGOR, THAT: The Oty, will sponsor Me July 4"2005 Celebration in Me anwunt of $6,375 by authoizirg the Finance Director to utilize an unexpended approdation previously authorizetl M RIM in-kind costs associated with the National Folk Festival and Senior Lille League WMd Series (7911-78010100). le.rLA!., p 05-231 0 R D E I i tVlITLE1 "tship t]alag Spoosonehip of � he July b. 2016 Le.�6reE�w Nrigmww C unndlorr( �LL%�V%&A i0'Q(i14W"�