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BUDGET AMENDMENT: <br />Date: 10/16/2013 <br />Amount: $100,988.00 <br />Dept. Departme <br />Head: Shelley Farris, Accounting Supervisor nt: Finance <br />Internal Transfer Within Department" Transfer Between Departments /Funds p Supplemental <br />Request <br />Purpose: <br />This budget amendment is to appropriate fund balance from FY 2013 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 fees for Food and Beverage is $50,693 and for the Arena operations is $50,295. <br />Account <br />Number <br />Account Name <br />Approved <br />Budget <br />Inc Amount <br />Dec Amount Revised <br />Budget <br />42098310 -9404 <br />Incentives - Operations <br />$0.00 <br />$50,295.00 <br />$50,295.00 <br />42098310- 9404 -FSVC <br />Incentives - Food <br />$0.00 <br />$50,693.00 <br />$50,693.00 <br />42068310 -6901 <br />Fund Bal - Approp <br />$0.00 <br />$100,988.00 <br />$100,988.00 <br />$0.00 <br />Total <br />ATTACHMENTS <br />❑ Incentive calculations and financials <br />F -2 <br />Page 63 <br />