City of Madison - File #: 42477

• File #: 42477
• Version: 1
• Name: Amend 2016 Budget for Downtown Activities Program
• Type: Resolution
• Status: Passed
• File created: 4/12/2016
• In control: DOWNTOWN COORDINATING COMMITTEE
• On agenda: 5/3/2016
• Final action: 5/3/2016
• Enactment date: 5/5/2016
• Enactment #: RES-16-00327
• Title: Amending the 2016 Adopted Operating Budget to transfer $52,000 from the Economic Development Division, $5,000 from PCED Office of the Director, and $7,000 from Contingent Reserve to authorize the City of Madison to enter into a contract with the Madison Central Business Improvement District to fund the creation of an expanded Downtown Activities Program focused on existing plazas around the Capitol Square and State Street (2nd, 4th and 8th ADs).
• Sponsors: Michael E. Verveer

Date	Ver.	Action By	Action	Result
5/3/2016	1	COMMON COUNCIL	Adopt - 15 Votes Required	Pass
4/25/2016	1	BOARD OF ESTIMATES (ended 4/2017)	RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER	Pass
4/21/2016	1	DOWNTOWN COORDINATING COMMITTEE	Return to Lead with the Recommendation for Approval	Pass
4/20/2016	1	BOARD OF ESTIMATES (ended 4/2017)	Refer
4/19/2016	1	COMMON COUNCIL	Refer	Pass
4/12/2016	1	Department of Planning and Community and Economic Development	Referred for Introduction

Fiscal Note
The proposed resolution authorizes an agreement between the City of Madison and the Central Madison Business Improvement District (BID) to provide expanded downtown programming in 2016. The 2016 proposed contract is $69,000.

The 2016 Adopted Budget includes $52,000 for the contract within the Economic Development Division operating budget. The resolution authorizes transferring these funds to the Planning Division, who will responsible for overseeing the contract.

In addition to the funds authorized in 2016, the proposed resolution amends the Adopted Operating Budget to transfer $17,000 of existing appropriation to the Planning Division for the contract. The additional funding will be supported by the transfers listed below:
PCED Office of the Director: $5,000
Appropriation will be transferred from the existing training budget.
Planning Division: $5,000
Appropriation will be transferred from the existing Placemaking budget. These funds are not identified in the amended amount as they are currently appropriated with the Planning Division’s purchased services budget.
Contingent Reserve: $7,000
The transfer from Contingent Reserve will be offset by additional General Fund revenue realized through increased food cart fees adopted by the Common Council in February 2016. Upon adoption of the resolution the remaining balance in the 2016 Contingent Reserve will be $1,140,810.


Title
Amending the 2016 Adopted Operating Budget to transfer $52,000 from the Economic Development Division, $5,000 from PCED Office of the Director, and $7,000 from Contingent Reserve to authorize the City of Madison to enter into a contract with the Madison Central Business Improvement District to fund the creation of an expanded Downtown Activities Program focused on existing plazas around the Capitol Square and State Street (2nd, 4th and 8th ADs).

Body
WHEREAS, the 100 blocks of West Mifflin Street, known as the Philosophers’ Grove, and the N Carroll Street stage, wer...