Agenda Text
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Requesting a supplemental appropriation of $7,292 to the Veterans Memorial Ice Rink Enterprise Fund to eliminate a FY2015 revenue deficit.
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Official Text
To the Honorable Board:
I respectfully request a supplemental appropriation of seven thousand, two hundred ninety two dollars ($7,292) to the Veterans Memorial and Founders Ice Rink Enterprise Fund to eliminate a FY2015 Revenue Deficit.
The revenue deficit results from the inability to fully book out the Ice Rink during last winter due to the extraordinary number of snow storms.
Under State Department of Revenue guidelines, a year end revenue deficit must be raised on the subsequent tax rate. This appropriation is necessary as the City prepares to file the FY2016 Tax Recapitulation Sheet with the State Department of Revenue for tax rate setting purposes
Respectfully,
Joseph A. Curtatone
Mayor