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HomeMy WebLinkAbout11 - Check from the Newport Beach Arts FoundationCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. i i February 25, 2003 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Linda Katsouleas, Director of Library Services SUBJECT: BUDGET AMENDMENT TO ACCEPT A CHECK FROM THE NEWPORT BEACH ARTS FOUNDATION AND APPROPRIATE FUNDS FOR A SHAKESPEARE BY THE SEA PRODUCTION and A CONCERT IN THE PARK PERFORMANCE and CITY ARTS COMMISSION BROCHURE RECOMMENDATION: Approve a Budget Amendment in the amount of $15,000. DISCUSSION: A check from the Newport Beach Arts Foundation in the amount of $15,000 to support a Shakespeare by the Sea production, a summer Concert in the Park performance and a Newport Beach City Arts Brochure. When appropriated the funds will be used as follows: 1. 4002 -8010 Advertising & Public Relations $5,000 Newport Beach City Arts brochure advertising annual programs To be outsourced for design and printing. 2. 4002 -8200 Special Department Supplies $10,000 Contracted services with Shakespeare by the Sea for two summer performances; "Twelfth Night" and "Romeo and Juliet" on August 9 and 10, 2003. ($6,000.) Contracted services with musicians and staging services for one additional 2003 summer Concert in the Park. ($4,000.) Submitted by: •. S birector, Library Services C3) m LO N N 6q I - a i 0 i z o IGN <I Z r Y N � <I LL. p y m U i' CaN o ^m V oac u¢ m? x F ¢ Z z � � a o- ° a 3 R z w r3 LL 1 � Tw � dom O City of Newport Beach NO. BA- 044 BUDGET AMENDMENT 2002 -03 AMOUNT: $15,000.00 'GFECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates Increase in Budgetary Fund Balance Increase Expenditure Appropriations AND Decrease in Budgetary Fund Balance Transfer Budget Appropriations x No effect on Budgetary Fund Balance SOURCE: from existing budget appropriations x from additional estimated revenues from unappropriated fund balance EXPLANATION: This budget amendment is requested to provide for the following: To increase revenue estimates and expenditure appropriations due to donation from the Newport Beach Public Arts Foundation. ACCOUNTING ENTRY: BUDGETARYFUND BALANCE Fund Account Description AVENUE ESTIMATES (3601) Fund /Division Account Description 4002 5166 Cultural and Arts - Revenue EXPENDITURE APPROPRIATIONS (3603) Description Division Number 4002 Cultural and Arts Account Number 8010 Advertising and Public Relations Division Number 4002 Cultural and Arts Account Number 8020 Special Department Supplies Division Number Account Number Division Number Account Number Division Number Account Number Signed: Financial Approval: Administrative Services Director gned: _ Z. Administrative Appr al: City Manager Signed: City Council Approval: City Clerk Amount Debit Credit $15,000.00 $5,000.00 $10,000.00 Date 114413 D e Date