Fiscal Note
The proposed resolution amends the 2017 Adopted Operating Budget for the Community Development Division to accept $32,420 from a private donation and program revenue for the Aging Mastery Program. This program is focused on providing classes for seniors to improve their overall wellbeing including improved health, economic security, and social interaction.
Under the proposed amendment funding will be appropriated by major as follows:
· Revenue: (32,420)
· Salaries: 9,605
· Supplies: 10,400
· Purchased Services: 12,415
Title
SUBSTITUTE - Authorizing the Madison Senior Center, on behalf of the City of Madison, to accept funds in support of the Aging Mastery Program® (AMP); and amending the Community Development Division’s 2017 Adopted Operating Budget as appropriate to recognize AMP-associated revenues and commensurate expenditures for 2017-2018. to appropriate $32,420 in revenue and corresponding expenditures.
Body
BACKGROUND
The nation’s 76 million baby boomers have been given an unprecedented gift of health and time; but to a great extent, older adults do not make the most of this phase of life.
The National Council on Aging (NCOA) created the Aging Mastery Program® (AMP) to be a fun, innovative, and person-centered education program that empowers participants to embrace their gift of longevity by spending more time each day doing things that are good for themselves and for others.
Aging has changed remarkably since the last generation entered into retirement. Yet, traditional retirement plans are disappearing, the cost of daily living continues to rise, and more than 84% of people aged 65+ are coping with at least one chronic health condition, often over many years.
The result is that some older adults are unprepared for this new stage of life. Societal expectations for them have changed little since 1950, but they are facing a new reality when it comes to maintaining their health and economic security and contributing to society.
ACTION
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