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HomeMy WebLinkAboutA001 - Council Action Form dated May 27, 2025ITEM #:13 DATE:05-27-25 DEPT:CMO SUBJECT:FY 2025/26 OUTSIDE FUNDING CONTRACTS COUNCIL ACTION FORM BACKGROUND: During adoption of the FY 2025/26 Budget, the City Council reviewed requests from local organizations. The City Council allocated funds for these organizations to provide facilities and services to the public. In total $324,487 was allocated from the Local Option Sales Tax Fund. An additional $15,000 was allocated from the Hotel/Motel Tax Fund for Ames Regional Economic Alliance (AREA) Workforce Programming. Additionally, a total of $10,000 was allocated in the Hotel/Motel Tax Fund for parking waiver reimbursements. FY 2024/25 was the first year in which parking waiver funds were allocated from this source rather than the Local Option Sales Tax Fund. At the time an event occurs where parking fees area waived, the Council may approve a transfer of these funds from the Hotel/Motel Tax Fund to the Parking Fund. Parking waiver funds are not authorized in any of the individual organization contracts. Contracts with each organization have been prepared by City staff and contain specific deliverables to be completed. Once complete, the organization may request drawdown from the City on a reimbursement basis. The draft contracts have been signed by organization representatives, returned to City staff, and are now before the City Council for approval. ALTERNATIVES: 1. Approve Outside Funding Contracts for FY 2025/26. 2. Modify the authorized amount or scope of services for one or more organizations. 3. Do not approve these funding contracts. CITY MANAGER'S RECOMMENDED ACTION: Funding for these activities was included in the City's adopted FY 2025/26 Budget. These scopes of services have been developed to ensure that the City's funding is used for the benefit of the public. Therefore, it is the recommendation of the City Manager that the City Council adopt Alternative No. 1, as described above. ATTACHMENT(S): FY25-26 Outside Funding Recommendations.docx 1 1 FY 2025/26 Operational Funding Recommendations (Local Option) 2024/25 Adopted 2025/26 Request 2025/26 Recomm.$ Change % Change American Legion Riders $ 2,500 $ 3,000 $ 3,000 $ 500 20.0% Ames Historical Society 56,000 61,600 59,500 3,500 6.3% Ames Int’l Partner Cities 8,000 8,000 8,000 ---- Ames Main Street 54,000 55,500 55,500 1,500 2.8% Campustown Action Ass’n 43,000 43,000 43,000 ---- Farmer’s Market 11,000 12,000 12,000 1,000 9.1% Hunziker Youth Sports Complex 89,035 103,000 94,250 5,215 5.9% Story County Housing Trust 45,500 52,477 49,237 3,737 8.2% The Ames Foundation --24,000 ------ YWCA --1,090 ------ LOCAL OPTION TOTAL $ 309,035 $338,577 $ 324,487 $ 15,452 5.0% FY 2025/26 Operational Funding Recommendations (Hotel/Motel Tax Fund) 2024/25 Adopted 2025/26 Request 2025/26 Recomm. Parking Waiver Reimbursements $ 10,000 $ 10,000 $ 10,000 AEDC Workforce Development Program 15,000 20,000 15,000 TOTAL $ 25,000 $ 30,000 $ 25,000 2