ADOPTED - JANUARY 27, 2009

                                                                                                              Agenda Item No. 25

Introduced by the County Services and Finance Committees of the: 

INGHAM COUNTY BOARD OF COMMISSIONERS

RESOLUTION TO AMEND THE 2009 FAIR FUND BUDGET

RESOLUTION #09-013

WHEREAS, actual 2008 revenues for the Ingham County Fair came in significantly under budget, primarily due to a decrease in off-season rentals and activities; and

WHEREAS, this revenue trend is expected to continue in 2009, requiring the Fair to amend its 2009 revenue projections; and 

WHEREAS, the Fair will also amend its expense budget to stay within the revised revenue projections.

THEREFORE BE IT RESOLVED, that the 2009 Fair Budget be amended as follows:

	Adopted Budget	Adjustments	Amended Budget
Total Revenue	$874,565	($73,615)	$800,950
Expenses
Personnel Services	380,075	(14,000)	366,075
Controllable Expense	383,218	(55,918)	327,300
Non-Controllable	109,862	(3,697)	106,165
Transfers Out	1,410	0	1,410
Total Expenses	$874,565	($73,615)	$800,950

BE IT FURTHER RESOLVED, that the Fair Budget will be closely monitored throughout 2009 and amended as necessary.

COUNTY SERVICES:  Yeas:  Celentino, Koenig, Holman, Copedge, Grebner, Vickers

    Nays:    None               Absent:  None         Approved 1/20/09

FINANCE:  Yeas:  Grebner, Bahar-Cook, Tennis, Davis, Dougan

    Nays:  None                 Absent:  Nolan       Approved 1/21/09