NEW YEAR’S EVE CELEBRATION:
APPROPRIATION AND APPROVAL

 

Recommendation

Staff recommends that Council:

1. Appropriate $23,000 from the DEC Fund Balance to the Special Events Account #109-3301-4319 to the City-wide New Year’s Eve Celebration.
2. Approve a program with Big Band 2000 on the Plaza from 8:00 PM – midnight, December 31, 2000 – January 1, 2001.

 

Background

At the October 10, 2000, meeting, Council directed staff to assemble a community program for New Year’s Eve, 2000-2001.

Council directed that the New Year’s celebration should include the Big Band from last season with a more modest celebration than the one conducted at the Millennium.

 

Analysis

The 1999-2000 celebration cost over $70,000 to produce. All funds used for the celebration came from the brick sale fundraiser and corporate donations.

The recommended budget would come from the City’s DEC Fund. The appropriation is necessary as the Special Event Account Funds derived from donations and Plaza Promotions was depleted considerably with the Port Call event.

The Special Events account still maintains $11,074.62 for future use for the Saint Patrick’s Day Parade.

In addition, the City still has four (4) available slots for Plaza promotions at $10,000 each. Pending applicants, this program could provide additional funds to the Special Events account prior to the end of the Fiscal year.

 

FISCAL IMPACT: Estimated DEC Fund balance after appropriation: $606,453.61

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