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BUDGET AMENDMENT: <br />Date: 111/20/2014 ' Amount: I $161,400 <br />Dept. Departm <br />Head: Susan Fearrington i ent: Finance - Arena <br />Internal Transfer Within Department " Transfer Between Departments /Funds p <br />Supplemental Request <br />Purpose: <br />This budget amendment is to appropriate fund balance from FY 2014 for the payment of Arena performance management fees to SMG <br />Management Company. These fees are based off calculations that were agreed upon by management and are related to specific profitability <br />and performance measurements. Fees are composed of a quantitative portion relating to Gross Operating revenue and a qualitative portion <br />relating to more subjective performance measures. The fee for Food and Beverage is $83,356 and for the Arena operations is $78,044. <br />Account AAccount Name Approved Inc Amount 'Dec Amount Revised <br />Number Budget Budget <br />42098310 -9404 Incentives - Operations $0.00 $78,044.00 $78,044.00 <br />42098310 - 9404 -FSVC Incentives - Food $0.00 $83,356.00 $83,356.00 <br />42068310 -6901 Fund Bal - Approp $59,213.00 $161,400.00 $220,613.00 <br />$0.00 <br />Total <br />ATTACHMENTS <br />o Incentive Calculations <br />F -8 Page 144 <br />