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TIDA board presses to preserve arts funding after staff report shows zero arts line in draft budget
Summary
Board members urged staff to find savings to fund the Treasure Island arts program after staff noted no new art fee revenue; the board approved the overall TIDA budget and directed staff to prioritize arts funding from savings where possible.
The Treasure Island Development Authority board on Feb. 12 discussed the authority'funded arts program and asked staff to make arts funding a higher priority after staff told the board the draft budget did not include a funded arts line for new installations.
TIDA'backed art on Treasure Island has been paid from a 1% art fee tied to vertical building permits; Bob (TIDA staff) told the board the authority has collected about $3.6 million in art fees to date but said the board'established expenditure authority for the program is larger (roughly $4.3 million) because prior budgets established continuing appropriations in expectation of future building permits that have not yet been pulled.
Mary (Arts…
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