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Tourism committee adopts budget, authorizes payment of bills; fund balance use increased
Summary
At the July 18 Tourism Committee meeting members approved a budget that keeps revenue projections flat, increases planned fund-balance use and authorized payment of bills including a $30,000 payment for Starved Rock advertising. Committee approved the budget and bills by voice vote.
The Tourism Committee on July 18 approved its budget and authorized payment of bills presented at the meeting. Staff distributed the budget worksheet and described revenue assumptions and planned fund-balance use; staff reported cash on hand of about $800,000.
According to the staff presentation, revenue was held at $315,000 and interest income was left unchanged; staff…
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