ADOPTED - MARCH 11, 2008
Agenda Item No. 5
Introduced by the County Services and Finance Committees of the:
INGHAM COUNTY BOARD OF COMMISSIONERS
RESOLUTION AUTHORIZING ADJUSTMENTS TO THE
2008 POTTER PARK ZOO BUDGET
RESOLUTION #08-062
WHEREAS, the 2007 and 2008 Potter Park Zoo Budgets were done in an expedited manner with minimal or no history available for projections; and
WHEREAS, the 2007 Zoo revenue and expenses are largely now accounted for; and
WHEREAS, Park and Zoo staff have now analyzed six months of data from the Potter Park Zoo operations; and
WHEREAS, the Board of Commissioners adopted the 2008 Potter Park Zoo Budget on November 13, 2007, it is now necessary to make some adjustments as a result of updated revenue and expenditure projections and historical data, errors and omissions, and additional appropriation needs; and
WHEREAS, the Ingham County Zoo Board and the Ingham County Parks and Recreation Commission recommend that the projected revenue for the Potter Park Zoo 2008 Budget be increased by $189,700, bringing the total projected 2008 revenue to $5,437,336.
THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners authorizes a $287,408 transfer from the Potter Park Zoo fund balance to the 2008 Potter Park Zoo Budget.
COUNTY SERVICES: Yeas: Nolan, De Leon, Copedge, Soule, Severino
Nays: None Absent: Grebner Approved 3/4/08
FINANCE: Yeas: Grebner, Hertel, Weatherwax-Grant, Celentino, Schor, Dougan
Nays: None Absent: None Approved 3/5/08
Revenue Line Item |
Description |
2008 Budget |
Proposed Changes |
Proposed Budget |
258-69200-652100-32000 |
Zoo Admission Fees |
234,000 |
99,700 |
333,700 |
258-69200-627400-31300 |
Interactive Exhibit Revenue – Entry |
0 |
60,000 |
60,000 |
258-69200-627500-31300 |
Interactive Exhibit Revenue – Food |
0 |
30,000 |
30,000 |
|
Total Revenue Increase |
$189,700 |
|
Expense Line Item |
Description |
2008 Budget |
Proposed Changes |
Proposed Budget |
258-69200-705000-31200 |
Salaries Seasonal Wages |
$119,137 |
$177,003 |
$296,140 |
258-69200-706000-31000 |
Salaries and Wages Overtime |
38,335 |
-8,335 |
30,000 |
258-69200-715000-31200 |
FICA–County Share |
83,958 |
13,972 |
97,930 |
258-69300-735100-31000 |
Control Cap Items Other |
41,950 |
50,000 |
91,950 |
258-69200-740000-34000 |
Maintenance Supplies |
92,000 |
96,468 |
188,468 |
258-69200-818000-31000 |
Contractual Services |
20,790 |
125,000 |
145,790 |
258-69200-861110-31200 |
Prof Dev – Out State |
2,200 |
4,000 |
6,200 |
258-69300-931000-37000 |
Building Repair |
40,000 |
60,000 |
100,000 |
258-69300-932000-31600 |
Equipment Repair |
20,000 |
15,000 |
35,000 |
258-69300-978010-38000 |
Vehicle Purchase |
0 |
6,000 |
6,000 |
258-69900-977000-0713Z |
Leasehold Improvements |
1,875,100 |
-62,000 |
1,813,100 |
Total Transfer |
|
|
$477,108.00 |
|
|
|
|