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CLD approves $10,000 sponsorship for New Rochelle Council on the Arts gala
Summary
The Corporation for Local Development approved a $10,000 sponsorship for the New Rochelle Council on the Arts 50th anniversary gala and a budget modification moving funds from fund balance to the marketing line; staff said a broader budget amendment will be presented next month.
The Corporation for Local Development voted to authorize a $10,000 sponsorship to the New Rochelle Council on the Arts for its 50th anniversary gala and to execute a budget modification moving that amount from the CLD fund balance to the marketing budget line.
Staff explained the sponsorship is a recurring community-support action and falls below the normal board-approval threshold but required board action this month because the department must reallocate the marketing line. Officials said a fuller budget amendment addressing several postponed invoices and year-end processing issues will be presented next month.
The board approved the $10,000 sponsorship unanimously.
