HomeMy WebLinkAbout2007-01-09; Carlsbad Tourism Business Improvement District; Resolution 2007-1EXHIBIT 1
1 RESOLUTION NO. 2007-1
2 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ADVISORY
BOARD OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT
3 DISTRICT (CTBID) OF THE CITY OF CARLSBAD, CALIFORNIA, TO
4 AMEND THE 2006-07 BUDGET
5
6 WHEREAS, the CTBID adopted its budget on August 31, 2006, and
7 WHEREAS, the budget included a line item for Contractual Services to
8 be determined; and
9 WHEREAS, on November 30, 2006 the CTBID Board extended contracts
with San Diego North Convention and Visitors Bureau and Carlsbad Convention and
11 Visitors Bureau for the remainder of the 2006-07 fiscal year and thus requires a revision
12
to the budget, and
13
WHEREAS, the CTBID has expended the total amount budgeted for staff
14
1 support and only half of the year is over requiring a revision to this budgeted line item
16 as well.
17 NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
18 Carlsbad Tourism Business Improvement District of the City of Carlsbad, California, as
19 follows:
20 1. That the above recitations are true and correct.
21
2. That the 2006-07 budget is to be amended as follows:
22
23 '"
24 '"
25 HI
26 III
27 ///
28 ///
,
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
2006-07 Budgeted Expenditures:
2% Administrative Fee - City
CCVB Payment
SDNCVB Payment
Staff support
Contractual Services to be determined
Total Budgeted Expenditures '
2006-07
Adopted
Budget
15,800
204,000
50,000
7,500
429,705
707,005
Actuals
as of
12/31/2006
5,258
204,000
50,000
6,823
266,081
Proposed
Budget
Revisions
204,000
50,000
7,500
(261,500)
.
2006-07
Amended
Budget
15,800
408,000
100,000
15,000
168,205
707,005
-2-
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
PASSED, APPROVED AND ADOPTED at a regular meeting of the Board
of Directors of the Carlsbad Tourism Business Improvement District of the City of
Carlsbad held on the \ day of Q<3Lv\UJL^vf , 2007 by the
following vote, to wit:
AYES:
NOES:
ABSENT:
APRIL SHUTE, Chair
ATTEST:
LORRAINPWOOD
Pro Tem Clerk of the
Carlsbad Tourism Business Improvement District
-3-