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H13. Reso 5835 - TBID AppropCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 MONTA NA REPORT TO: Doug Russell, City Manager FROM: Rick Wills, Finance Director SUBJECT: FY2018 Tourism Business Improvement District Appropriations MEETING DATE: August 21, 2017 BACKGROUND: The TBID annual appropriations request is $615,000. The TBID is a component unit of the City of Kalispell, and City Council approval of the appropriations is required. Collections for hotel assessments are passed through to the Chamber of Commerce from the City, but the City does not maintain a fund on its books to track their revenue or expenditures. RECOMMENDATION: It is recommended the City Council approve Resolution 5835, adopting the appropriations for the Tourism Business Improvement District. ATTACHMENTS: Resolution 5835, Appropriations for TBID Return to: City Clerk City of Kalispell P.O. Box 1997 Kalispell MT 59903-1997 RESOLUTION NO.5835 A RESOLUTION SETTING THE ANNUAL APPROPRIATION FOR THE TOURISM BUSINESS IMPROVEMENT DISTRICT (TBID) OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2017-2018 BUDGET ADOPTED BY THE CITY COUNCIL. SECTION 1. That the annual appropriations for the Tourism Business Improvement District of the City of Kalispell, Montana are hereby fixed as follows: TOURISM BUSINESS IMPROVEMENT DISTRICT $615,000 SECTION 2. The Tourism BID Board of Directors is hereby authorized to transfer any part of an unencumbered balance of an appropriation to a purpose or object for which the appropriation for the current year is insufficient or to transfer between items appropriated within the fund. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 21ST DAY OF AUGUST, 2017. Mark Johnson Mayor ATTEST: Aimee Brunckhorst, CMC City Clerk