[Press Release] : FOR IMMEDIATE RELEASE: Budget Clarification from Parks and Recreation

[Press Releases]

Well said, Tammy. Nice job!


Genalee Alexander
Planner, Columbia/Boone County Public Health and Human Services
Sent from my U.S. Cellular® Smartphone


-------- Original message --------
From: Press Releases <pr-l at news.gocolumbiamo.com>
Date: 07/12/2013 2:17 PM (GMT-06:00)
To: pr-l at news.gocolumbiamo.com
Subject: [Press Release] : FOR IMMEDIATE RELEASE: Budget Clarification from
Parks and Recreation


FOR IMMEDIATE RELEASE

Contact: Tammy Miller, 874-7465

Budget Clarification from Parks and Recreation

COLUMBIA, MO (July 12, 2013) - To clarify an inaccuracy reported in the
local news, the City of Columbia does not actually spend $20 million on
Parks and Recreation. The $20 million total reflected in the Fiscal Year
2013 budget document is an accounting balance for all the funds in the
chapter and not intended to reflect the funds available for the department.
The actual budget is $15,829,371.



In 2012, the City changed the way it organized its budget document. At that
time the Park Sales Tax Fund was added to the Parks and Recreation
Department's chapter in the budget document. Fund accounting requires that
all the income and expenditures for each fund are reported and totaled.
(Researchers can compare the FY 2011 budget document with the FY 2012
budget document for the same years and see how the change affected the
summary totals).



With these changes in the way the document is organized, $5,088,424 in
Parks Sales Tax is included twice in the $20 million total - reported once
as an expense for the Park Sales Tax as it leaves the fund and reported
again as it is transferred into the operating and capital improvement
program accounts. The actual dollars available for Parks and Recreation is
$15,829,371 ($20,917,795 - $5,088,424 = $15,829,371), which is less than is
budgeted for the Police Department.



The Parks and Recreation Department generates $4.5 million in revenues as
part of its operating budget and actively pursues grant funding. Only about
$5 million of the Department's budget comes from the City’s General Fund.


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