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File #: 19-1866    Version: 1
Type: Agenda Item Status: Approved
File created: 12/13/2019 In control: Board of Supervisors
On agenda: 1/7/2020 Final action: 1/7/2020
Title: Chief Administrative Office recommending the Board approve and authorize the Chair to sign the 2020 El Dorado County Fair Association Budget in the amount of $1,323,075, as approved by the El Dorado County Fair Board of Directors at their December 4, 2019 Board Meeting. FUNDING: 86% Fair Association Raised Funds, 12% County Transient Occupancy Tax Funds, 2% State Funding.
Attachments: 1. A - Fair Association 2020 Budget, 2. Executed Operating Budget
Related files: 19-1601, 17-0490, 18-1965, 19-1155, 19-1240
Title
Chief Administrative Office recommending the Board approve and authorize the Chair to sign the 2020 El Dorado County Fair Association Budget in the amount of $1,323,075, as approved by the El Dorado County Fair Board of Directors at their December 4, 2019 Board Meeting.

FUNDING: 86% Fair Association Raised Funds, 12% County Transient Occupancy Tax Funds, 2% State Funding.
Body
DISCUSSION / BACKGROUND
At its March 29, 2005 meeting, the Board of Supervisors entered into an agreement with the El Dorado County Fair Association, Inc., a general non-profit corporation, for the continued management of the County Fair and Fairgrounds. The term of the agreement was for five years with an automatic five year renewal each year following the completion of the first five years ("rolling" five year renewal).

Section 16 of the Agreement requires the Fair Association obtain the Board of Supervisors approval of its annual budget, showing estimated revenues and proposed expenditures from all sources during the ensuing calendar year. The Chief Administrative Office notes that Section 16 of the Agreement requires the Fair Association to submit its budget to the State following approval by the Board of Supervisors.

On November 19, 2019, the Board approved $226,600 in one-time funding using Transient Occupancy Tax funds to go to the Fair Association. The funding is to be used for capital improvement projects on the County owned fairgrounds property. The 2020 budget includes $200,110 of this funding; $26,487 was budgeted in 2019.

ALTERNATIVES
The Board could choose not to approve the budget as presented.

PRIOR BOARD ACTION
9/12/17 Legistar Item 17-0490 v2, first amendment to the agreement between El Dorado County and the El Dorado County Fair Association
1/08/19 Legistar Item 18-1965 Approval of 2019 Fair Association Budget
8/13/19 Legistar Item 19-1155 Response to Grand Jury Report #18-06 directing the creation of an ad hoc committee.
8/27/19 Legistar Item 19-1240 App...

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