...Fiscal Note
This resolution authorizes amendment of the 2010 Operating Budgets of the Police Department, Engineering Division, Streets Division and Parks Division by the appropriation of $35,690 from the Contingent Reserve for costs associated with the Halloween event. The current balance of the Contingent Reserve is $1,176,864. This resolution also authorizes the receipt of revenues from admission fees and donations, which are expected to allow for full recovery of these costs.
...Title
Amending the 2010 Operating Budgets of the Police Department, Engineering Division, Streets Division and Parks Division by appropriating $35,690 from the Contingent Reserve Fund, utilizing these funds for various expenses related to the Halloween event, and authorizing the receipt of revenues derived from admission fees and donations. Authorizing the Mayor and City Clerk to execute a contract with Frank Productions, Inc., subject to the conditions included in the Street Use Permit expected to be issued to Frank Productions, Inc. for events associated with Halloween 2010.
...Body
WHEREAS, for several years the Halloween event has required significant expenditure of funds for supplies and purchased services that are not included in the Operating Budgets of the Police Department, Parks Division, Streets Division and Engineering Division; and
WHEREAS, ongoing planning efforts resulted in the identification of additional measures that helped improve the safety, limited and reduced the damages associated with, and generated revenues to offset costs associated with the 2009 event; and
WHEREAS, similar measures will be utilized in the planning and implementation of the 2010 event; and
WHEREAS, each year since 2006, the City's out-of-pocket costs associated with the event have reduced significantly, making it difficult to accurately budget for these costs during the City's annual budget process that concludes in November of each year (2007: $82,442, 2008: $54,915; 2009: $48,063.40);...
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