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[COMMITTEE SUBSTITUTE FOR] ORDINANCE NO. 250043
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Sponsor: Director of Finance Department
COMMITTEE SUBSTITUTE
Estimating revenue and adjusting appropriations in various funds in connection with the second quarter FY2024-25 budget analysis; closing the Comm. Policing and Prevention Fund, the Streetlight Debt Fund, the N.I.D. GO Bond Fund, the STIF Tower - 909 Walnut Fund, the STIF 12th and Wyandotte, and STIF Midtown funds to the General fund; and recognizing this ordinance as having an accelerated effective date.
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WHEREAS, the Office of Management and Budget conducted a second quarter review of expenditures and revenues and has identified estimated budgetary adjustments needed; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That revenue in the amount of $2,071,300.00 is hereby estimated in the Payments in Lieu of Taxes / ED Fund, No. 6830, to the following accounts:
25-6830-120000-451101 Sales Tax - Contra $869,700.00
25-6830-120000-451201 Restaurant Tax - Contra 151,100.00
25-6830-120000-451301 Hotel/Motel Tax - Contra 1,050,500.00
TOTAL $2,071,300.00
Section 2. That the sum of $ 2,212,800 is hereby appropriated from the Unappropriated Fund Balance of the Payments in Lieu of Taxes / ED Fund, No. 6830, to the following accounts:
25-6830-129200-618050 VA West EATs $138,500.00
25-6830-129210-618050 Aparium Contribution 98,800.00
25-6830-129240-618050 Pershing & Grand CID 521,200.00
25-6830-129250-618050 KCI CID Contribution 400.00
25-6830-129260-618050 Marriott Contribution 364,600.00
25-6830-129270-618050 Plaza Hotel Contribution 471,900.00
25-6830-129300-618050 Health Sciences CID Payment 10,700.00
25-6830-129310-618050 Midtown RAMP Contribution 149,200.00
25-6830-129290-618520 Zona Rosa Sales Tax 17,500.00
25-6830-129998-901000 Transfer to G...
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