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HomeMy WebLinkAboutbudgetary impactBudgetary Impact Analysis Department Parks and Recreation Commission Meeting Date: Sent 9.2004 Division: Recreation Title and brief description of legislation or attached ordinance/resolution: Resolution creating a new special revenue fund and accepting and appropriating a grant from The Children's Trust in the amount of $500,000 toward the Heart Of Our Parks year round recreation, art, music, cultural core educational, out -of -school time programs to be operated in five City parks, i.e., Juan Pablo Duarte, Legion Memorial. Moore Park, Athalie Range and Shenandoah Parks. Total Project is $963,384, which includes matching funds in the amount of $463,384 from various other agencies as well as the Parks and Recreation General Fund 1. Is this item related to revenue? No ❑ Yes ® Revenue Source: The Children's Trust 2. Is this item an expenditure? No ❑ Yes ® Amount: $500,000.00 General Fund Account No: Special Revenue Fund Account No: tba CIP Project No: 3. Are there sufficient funds in Line Item? No: ® Yes: ❑ will be transferred from the following, line items: ACTION ACCOUNT NUMBER TOTAL From $ From $ To $ To $ Defense/Neiirhborhood Improvement Bonds? No P4 Yes Project Name Total Bond Allocation 1" Series Appropriation Total Allocations) Encumbrances Balance Dollars Spent to Date Comments: none Approved by: APPROVALS Verified by CIP: (If applicable) Director/Designee Date: