TITLE
Consider an ordinance approving Killeen Arts Commission recommendations for grant allocations of FY17 Hotel Occupancy Tax funds.
SUMMARY
AGENDA ITEM
Killeen Arts Commission recommendations for grant allocations of FY17 Hotel Occupancy Tax funds
ORIGINATING DEPARTMENT
Finance
BACKGROUND INFORMATION
The City Council may allocate up to one-seventh of the Hotel Occupancy Tax collections for grants to the arts under section 351.101 of the Texas Tax Code for Municipal Hotel Occupancy Tax. The primary responsibility of the Arts Commission is to make recommendations to the City Council regarding the allocation of Hotel Occupancy Tax funds that are designated for grants to the arts. The FY17 proposed maximum funding for the arts is $187,167.
DISCUSSION/CONCLUSION
The Killeen Arts Commission held a meeting on May 20, 2016. During this meeting, ten (10) applicants presented their grant applications to the Arts Commission regarding funding requests. At the June 10, 2016, meeting of the Arts Commission, the Commission recommended allocation of funding for all ten (10) applicants and administrative costs for the Commission as described in the attached worksheet, totaling $187,167.
Upon the City Council’s approval of the recommended grant allocations, contracts will be prepared by the Finance Department and reviewed by the City Attorney’s Office for the City Manager’s signature to be effective October 1, 2016.
FISCAL IMPACT
Adequate funding is available for FY17 and will be budgeted as follows: $185,167 in account 214-2010-415.55-43 for grants to the arts, and $2,000 in account 214-2010-415.55-99 for the Arts Commission's administrative expenses.
RECOMMENDATION
City Staff recommends that City Council review, discuss, and approve the Killeen Arts Commission’s proposed recommendations.