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R 4534 RESOLUTION NO. 4534 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING THE FISCAL YEAR 2013-14 BUDGET FOR THE ARROYO GRANDE TOURISM BUSINESS IMPROVEMENT DISTRICT WHEREAS, on February 26, 2013, the City Council adopted Resolution No. 4516 establishing the Arroyo Grande Tourism Business Improvement District Advisory Board ("Advisory Board"); and WHEREAS, on May 14, 2013, the City Council adopted Ordinance No. 651 establishing the Arroyo Grande Tourism Business Improvement District; and WHEREAS, the purpose of the Advisory Board is to consult with and advise the City Council on those matters dealing with the method and basis of levying assessments within the Arroyo Grande Tourism Business Improvement District; expenditures of revenues derived from such assessments; and programs, services, improvements, and activities intended to promote lodging establishments within the District; and WHEREAS, on June 24, 2013, the Advisory Board recommending that the Council approve a budget expenditure plan for FY 2013-14 based upon City revenue projections; and WHEREAS, the budget recommendations will fund a work plan that meets the objectives, goals and responsibilities of the Arroyo Grande Tourism Business Improvement District. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arroyo Grande as follows: 1. The recitals set forth herein are true and correct. 2. The City Council hereby adopts the FY 2013-14 budget for the Arroyo Grande Tourism Business Improvement District attached hereto as Exhibit A. On motion of Council Member Guthrie, seconded by Council Member Brown, and on the following roll call vote, to wit: AYES: Council Members Guthrie, Brown, Costello, and Mayor Ferrara NOES: None ABSENT: Council Member Ray the foregoing Resolution was passed and adopted this 9`h day of July 2013. RESOLUTION NO. ii53y PAGE 2 I TONY FER , MAYOR ATTEST: KELLY WE ORE, CITY CLERK APPROVED AS TO CONTENT: STEVEN ADAMS, CITY MANAGER APPROVED AS TO FORM: TI4nn niter 4HY J. EL, CITY ATTORNEY EXHIBIT A • TOURISM BUSINESS IMPROVEMENT DISTRICT FUND SUMMARY FUND: XXX TOURISM BUSINESS IMPROVEMENT DISTRICT FISCAL YEAR 2012-13 2010-11 2011-12 ORIGINAL AMENDED ESTIMATED 2013-14 ITEM ACTUAL ACTUAL BUDGET BUDGET ACTUAL BUDGET Beginning Fund Balance $ $ $ - $ - $ - $ - Revenues: Revenues - - - - - 162,200 Transfers In - - - - - Total Revenues - - - - - 162,200 Expenditures: Salaries and Benefits - - - - - - Current Expenses - - - - - 146,599 Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - 146,599 Adjustments to Fund Balance - - - - - Ending Fund Balance $ - $ - $ - $ - $ - $ 15,601 Reserve for Cany-Over of Appropriations Available Fund Balance $ - $ - $ - $ - $ - $ 15,601 1 ' TOURISM BUSINESS IMPROVEMENT DISTRICT REVENUE DETAIL FUND: XXX TOURISM BUSINESS IMPROVEMENT DISTRICT FISCAL YEAR 2012-13 2010-11 2011-12 ORIGINAL AMENDED ESTIMATED 2013-14 ITEM ACTUAL ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET ANALYSIS TAXES AND ASSESSMENTS XXXX Annual Assessments $ $ $ $ $ $ 152,000 Total - - - - - 152,000 USE OF MONEY 4301 Interest 200 Total - - - - - 200 OTHER REVENUE 4801 Other Revenue - - - 10,000 Total - - - - - 10,000 Grand Total $ - $ - $ - $ - $ - $ 162,200 TOURISM BUSINESS IMPROVEMENT DISTRICT EXPENDITURE DETAIL FUND: XXX TOURISM BUSINESS IMPROVEMENT DISTRICT ACTIVITY: XXX TOURISM BUSINESS IMPROVEMENT DISTRICT FISCAL YEAR 2012-13 2010-11 2011-12 ORIGINAL AMENDED ESTIMATED 2013-14 ACCOUNT LINE ITEM ACTUAL ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET ANALYSIS SERVICES&SUPPLIES 5301 Advertising $ - $ - $ - $ - $ - $ 67,500 5303 Contractual Services 18,500 5304 Professional Services 5,000 5503 Memberships&Subscriptions 15,599 5504 Public Relations 40,000 Total - - - - 146,599 TRANSFERS 5902 Operating Transfers 5903 Cost Allocation Transfers 5904 Capital Transfers Total - - - - - _ Grand Total $ - $ - $ - $ - $ - $ 146,599 OFFICIAL CERTIFICATION I, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that Resolution No. 4534 is a true, full, and correct copy of said Resolution passed and adopted at a regular meeting of the City Council/Successor Agency to the Dissolved Arroyo Grande Redevelopment Agency of the City of Arroyo Grande on the 9th day of July 2013. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 11th day of July 2013. KELLY E ORE, CITY CLERK