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Legislation #: 071228 Introduction Date: 11/8/2007
Type: Ordinance Effective Date: 12/9/2007
Sponsor: None
Title: Appropriating $2,209,240.00 from the Unappropriated Fund Balance of the Convention and Tourism Fund to various accounts; and estimating revenue in the amount of $106,835.00 in the Neighborhood Tourist Development Fund.

Legislation History
DateMinutesDescription
11/6/2007 Filed by the Clerk's office
11/8/2007 Referred to Finance and Audit Committee
11/19/2007 Hold On Agenda (11/28/2007)
11/28/2007 Advance and Do Pass as a Committee Substitute, Debate
11/29/2007 Passed as Substituted
12/6/2007 Councilmember Marcason Move to Amend
12/6/2007 Passed as Substituted and Amended

View Attachments
FileTypeSizeDescription
071228.pdf Authenticated 74K Authenticated
fact sheet.xls Advertise Notice 86K revised fact sheet
FACT SHEET R-2007-01368.xls Other 79K Revised Fact Sheet
Fiscal Note - R-2007-01368.xls Fiscal Note 47K Fiscal Note
Approp _ Admin R-2007-01368.xls Other 323K Approp and Revenue Worksheet
FACT SHEET R-2007-01368.xls Other 79K Fact Sheet

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 071228, AS AMENDED

 

Appropriating $2,209,240.00 from the Unappropriated Fund Balance of the Convention and Tourism Fund to various accounts; and estimating revenue in the amount of $106,835.00 in the Neighborhood Tourist Development Fund.

 

WHEREAS, the City presently imposes a convention and tourism tax of 7 1/2 percent on the amount of sales or charges for all sleeping rooms paid by the transient guests of hotels, motels and tourist courts situated within the City and doing business within the City; and

 

WHEREAS, Sections 92.327 to 92.340, RSMo, authorizes the City to collect a convention and tourism tax to be used exclusively for the advertising and promotion of convention and tourism business and international trade for the City where not less than 10 percent of the proceeds shall be appropriated to the Neighborhood Tourist Development Fund; and

 

WHEREAS, $3,449,430.00 of unspent funds remained in the Convention and Tourism Fund at the end of Fiscal Year 2007 which should be appropriated in part, leaving a reserve balance; and

 

WHEREAS, the City is currently undertaking an audit on the financial performance of the Muehlebach Hotel Super-TIF project and an estimated $65,000.00 is needed to complete this work this year; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That $2,209,240.00 is appropriated from the Unappropriated Fund Balance of the Convention and Tourism Fund to the following account(s) in the Convention and Tourism Fund:

 

08-2360-121460-B Development Finance $ 65,000.00

08-2360-129998-X Transfer to NTDF 106,835.00

08-2360-637300-E CEC Facility Improvement 733,758.00

08-2360-071713-B CEC Maintenance 1,303,647.00

TOTAL $2,209,240.00

 

Section 2. That the revenue in the following account of the Neighborhood Tourist Development Fund is estimated in the following amount:

 

08-2350-120000-502360 Transfer from Convention & $ 106,835.00

 

_____________________________________________

 

I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

 

___________________________________

Wanda Gunter

Acting Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Joseph Guarino

Assistant City Attorney