ITEM TITLE:
Council Consensus: 2018 Community Service Organization Application Review
SUBMITTED BY: Magdalena McCay
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Provide consensus for final budget figures
SUMMARY STATEMENT:
• For 2018 Community Service Organizations have requested total of $2,605,416 in funding.
• CSOs are comprised of thirteen non profits. They complete a lengthy application each year, which is typically forwarded directly to Council as submitted, rather than being amended by the City Manager. Council typically sets the appropriation during the related workshop.
• CSOs receiving more than $100K are required to complete an independent financial audit.
• CSO funding is not intended to provide an increase to the fund balance of the organization. Funds are to be fully expended during the year the funding is provided for.
• For 2018 Community Service Organizations have requested total of $2,605,416 in funding.
• Attachments:
1. 2018 CSO Summary
2. Fifteen individual applications