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File #: 21-0553    Version: 1 Name:
Type: Discussion Items Status: Passed
File created: 4/28/2021 In control: County Council
On agenda: 5/4/2021 Final action: 5/4/2021
Title: Budget Adjustment: Mountain America Expo Center's Request for Technical Budget Adjustment to Correct Budgeted Revenue add $1,350,000
Attachments: 1. Staff Report, 2. 21129 - Mountain America Expo Center Revenue Correction

Requested Agenda Date:

5/4/2021

 

Requested Agenda Title:

Title

Budget Adjustment: Mountain America Expo Center’s Request for Technical Budget Adjustment to Correct Budgeted Revenue add $1,350,000

Body

 

Requested Agenda Item Description: Last fall, due the COVID Pandemic, a year end 2020 budget adjustment was made, reducing 2020 revenue by $1.35M for MAEC . That adjustment was accidentally left as Ongoing and continued forward, and incorrectly reduced 2021. This adjustment is to correct 2021 MAEC revenue by reversing the $1.35M.

 

Requested Action: Discussion - Vote Needed

 

Presenter(s) (with titles): Brad Kendrick Budget and Policy Analyst 

 

Time Needed: Less than 5 MINS

 

Is this Item Time-Sensitive and/or Requesting a Time-Certain? No

 

Requesting Staff Member: Dan Hayes

 

Are Supporting Documents Needed for this Agenda Item Request? Yes

 

Please attach supporting documentation, including presentations, to the Legistar file.

Agenda item requests must be complete and submitted via Legistar Approval Sequence to the Council Administrative & Communications Coordinator by the Wednesday before the upcoming Tuesday meeting at 3:00 PM. Please note that some offices have earlier, internal Approval Sequence deadlines.

 

Items without necessary supporting documentation may be withheld from consideration for the desired meeting date.