Explanation
BACKGROUND: To authorize the Director of the Finance and Management Department to enter into contract with the Greater Columbus Arts Council, Inc.(GCAC), to provide Hotel/Motel excise tax proceeds for the purpose of fostering arts and cultural services that enrich the community. Funds will be disbursed in accordance with Section 371.02(c) of Columbus City Codes, 1959, which in part designates a portion of the Hotel/Motel excise tax proceeds for the aforementioned purpose. In 2017, that portion of the Hotel/Motel excise tax proceeds are projected to be $6,873,196.00. The Greater Columbus Arts Council (GCAC) will be provided 97 percent, or $6,667,000.00, of the funds to administer a variety of art and cultural programs and grants, pursuant to this objective. The balance of projected receipts will be reserved for cultural arts programs and services contracted under the Columbus Recreation and Parks Department.
Greater Columbus Arts Council, Contract Compliance#: 31-0833384 (non- profit)
FISCAL IMPACT: This ordinance authorizes an expenditure of $6,667,000.00 from the Hotel/Motel Excise Tax Fund with the Greater Columbus Arts Council to provide cultural services for the enrichment of the community. These funds are budgeted in the Hotel/Motel Excise Tax fund for these services. Funding for this contract will come from receipts into the Hotel/Motel tax fund in accordance with Section 371.02 of the Columbus City Codes. Allocated dollars represent 97 percent of Hotel/Motel Tax Funds set aside for cultural services for community enrichment. In 2016, the City entered into a $6,441,000.00 contract with the Greater Columbus Arts Council for these same services.
Title
To authorize the Director of the Department of Finance and Management to enter into contract with the Greater Columbus Arts Council, Inc. for the purpose of fostering and sustaining arts and cultural services that enrich the Columbus community; to authorize the expenditure of $6...
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