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HomeMy WebLinkAbout15 - Budget Amendment to Accept a Check from the Newport Beach Arts FoundationQ �EwPpRT CITY OF O � z NEWPORT BEACH <,FORN'P City Council Staff Report September 28, 2021 Agenda Item No. 15 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Tim Hetherton, Library Services Director - 949-717-3801, thetherton@newportbeachca.gov PREPARED BY: Melissa Hartson, Circulation & Technical Processing Coordinator, mhartson@newportbeachca.gov PHONE: 949-717-3823 TITLE: Budget Amendment to Accept a Check from the Newport Beach Arts Foundation and Appropriate Funds to the Cultural Arts' Fiscal Year 2021-22 Maintenance and Operation Budget ABSTRACT: Staff requests approval of a budget amendment to accept a check from the Newport Beach Arts Foundation. This donation will be used to fund honorariums for Phase VII of the Newport Beach Sculpture Exhibition in Civic Center Park. RECOMMENDATION: a) Determine this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because this action will not result in a physical change to the environment, directly or indirectly; and b) Accept a check in the amount of $20,000 from the Newport Beach Arts Foundation and approve Budget Amendment No. 22-012 to increase expenditures by the same amount in Division 01060603 (Cultural Arts). DISCUSSION: A donation from the Newport Beach Arts Foundation in the amount of $20,000 is intended to fund a portion of Phase VII of the Sculpture Exhibition in Civic Center Park. Founded in the 1990s, the Newport Beach Arts Foundation, has supported cultural arts and activities of the Newport Beach Arts Commission in the City. In 2013, the Newport Beach City Council authorized the City Arts Commission and City of Newport Beach staff to establish a temporary sculpture exhibit in the Civic Center Park. Each phase of the Sculpture Exhibition in Civic Center Park features 10 sculptures on display for two years. The Newport Beach Arts Foundation has continually donated funding to the Sculpture Exhibition in Civic Center Park since its inception. 15-1 Budget Amendment to Accept a Check from the Newport Beach Arts Foundation and Appropriate Funds to the Cultural Arts' Fiscal Year 2021-22 Maintenance and Operation Budget September 28, 2021 Page 2 FISCAL IMPACT: The Budget Amendment appropriates $20,000 in additional revenue from the Newport Beach Arts Foundation and $20,000 in increased expenditure appropriations with no impact on fund balance. The revenue will be posted to the Private Donations and Contributions account in the Cultural Arts Department, 01060603-561005, and the purchase will be expensed to the Sculpture Exhibition in Civic Center Park account in the Cultural Arts Department, 01060603-811059. ENVIRONMENTAL REVIEW: Staff recommends the City Council find this action is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. NOTICING: The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). ATTACHMENTS: Attachment A — Copy of Check in the Amount of $20,000 Attachment B — Budget Amendment 15-2 ATTACHMENT A 7--1 .: r ;..; >- NEwPORT BEACH ARTS FOUNDATION 1174 PO BOX 11325 16-2411220 4490 1133 CAMELBACK ST NEWPORT BEACH, CA 92658 -oJZ 5)2 DZ' KWIC �r to Me 1t404. Jtw,o- $ 2 0v r;�lr D I PhIl — RapaeYN ®V4db Fargo Bank NA Uiforla wdlshr um.12200021�7op �1381�91-�75u" 01174 15-3 'A'Pokr City of Newport Beach BUDGET AMENDMENT 2021-22 ATTACHMENT B BA#: 22-012 Department: Library ONETIME: ❑ Yes ❑ No Requestor: Tim Hetherton Approvals ❑ CITY MANAGER'S APPROVAL ONLY Finance Direct Date 0 COUNCIL APPROVAL REQUIRED City Clerk: Date increase revenue estimates and expenditure appropriations by accepting a check from the Newport Beach Arts Foundation to enhance the ❑ from existing budget appropriations Rural Arts Sculpture Garden. ❑' from additional estimated revenues ❑ from unappropriated fund balance REVENUES Fund # Org Object Project Description Increase or (Decrease) $ 010 01060603 561005 CULTURAL & ARTS - PRVT DONATION/CONTRIBUT 20,000.00 Subtotals, $ 20,000.00 EXPENDITURES Fund It Org Object Project Description Increase or (Decrease) $ 010 01060603811059 CULTURAL&ARTS - SCULPTURE GARDEN VNB 20,000.00 Subtotal $ 20,000.00 FUND BALANCE Fund # Object Description Increase or (Decrease) $ 010 300000 GENERAL FUND -FUND BALANCE CONTROL Subtotal $ No Change In Fund Balance 15-4