Tompkins County
New York

Resolution
2017-50

Adjustments to the 2017 Budget – Municipal Sales Tax Distribution Agreement

Information

Department:County AdministrationSponsors:
Category:Fiscal (Budget)Functions:Sales Tax

Attachments

  1. Printout

Resolution/Document Body

              WHEREAS, Resolution No. 87, adopted March 16, 1993, gave authorization for the County to enter into an agreement with the City of Ithaca for the distribution of sales tax proceeds, and

 

              WHEREAS, under a March 26, 1998, agreement, the County pays for selected services provided by the City in an amount that increases or decreases yearly based on actual sales tax collections in the City of Ithaca during the prior budget year, and

 

              WHEREAS, actual collections within the City of Ithaca increased by 1.0% in 2016 over 2015, a better result than was anticipated, and

             

WHEREAS, budget adjustments are therefore necessary to recognize the increase in sales tax compared to what was projected in the 2017 Budget, now therefore be it

             

              RESOLVED, on recommendation of the Budget, Capital, and Personnel Committee, That the Director of Finance be and hereby is authorized and directed to make the following 2017 budget adjustments:

 

Revenues:

2017 Budget

Actual Due (based on 2016 Actuals)

Change ($)

 

County/City Program A6901.41111

$553,081

$592,821

$39,740

 

 

 

 

 

Appropriations:

 

 

 

 

County/City Program 6901.54666

$553,081

$592,821

$39,740

SEQR ACTION:  TYPE II-20

Meeting History

Mar 13, 2017 4:00 PM  Budget, Capital and Personnel Committee Regular Meeting
RESULT:RECOMMENDED [UNANIMOUS]
MOVER:Leslyn McBean-Clairborne, Glenn Morey
SECONDER:Daniel Klein, Member
AYES:James Dennis, Michael Sigler, Leslyn McBean-Clairborne, Glenn Morey, Daniel Klein
Mar 21, 2017 5:30 PM Media Tompkins County Legislature Regular Meeting
RESULT:ADOPTED [UNANIMOUS]
MOVER:Anna Kelles, Member
SECONDER:Glenn Morey, Member
AYES:Will Burbank, Carol Chock, James Dennis, Rich John, Anna Kelles, Dooley Kiefer, Daniel Klein, Michael Lane, Leslyn McBean-Clairborne, Martha Robertson, David McKenna, Glenn Morey, Michael Sigler
EXCUSED:Peter Stein