Title
Consider an ordinance adopting Amendment No. 2 to the FY 2018-2019 Operating Budget. (Second Reading)
Body
Multipurpose Field Complex (MPC) Fund
The Multipurpose Field Complex has been open since May 2017 and has far exceeded revenue expectations in its second full fiscal year of operations. Revenues for FY 2019 came in over $400,000 higher than budgeted. Staffing and operating the facility more frequently than anticipated caused the costs to operate the complex to go $90,000 over budget. This amendment recognizes an additional $90,000 of revenues and increases the expense budget for the fund by $90,000 to make the fund policy compliant with expenses to be within budget.