Agenda Text
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Requesting a supplemental appropriation of $259,492 to the Veterans Ice Rink Enterprise Fund.
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Official Text
To the Honorable City Council:
I respectfully request a supplemental appropriation of $259,492 to the Veterans Ice Rink Enterprise Fund to balance the FY2021 Budget in preparation for the FY2021 Tax Recap. The original program fees and revenue estimates for the FY2021 Budget need to be reduced by $259,492 due to the adverse impact of the COVID-19 pandemic. Expenses are expected to hold at budgeted amounts. These events necessitate an additional General Fund Subsidy to balance the budget.
My staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Joseph A. Curtatone, Mayor