Page 324 - FY 2021-22 Proposed Budget

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 24
ARTS AND CULTURAL FACILITIES AND SERVICES TRUST FUND
Section 5.115.4 of the Los Angeles Administrative Code establishes the Arts and Cultural Facilities and Services Trust Fund. The
Fund shall receive an amount equal to one percent of the total cost of all construction, improvement or remodeling work for each
public works capital improvement project undertaken by the City in compliance with the City's Public Works Improvement Arts
Program. Also, an amount from the City's General Fund equivalent to the amount which would be derived from a Transient
Occupancy Tax imposed at the rate of one percent shall be placed in the Fund. Expenditures from the Fund shall be exclusively for:
(1) acquisition or placement of publicly accessible works of art; (2) acquisition or construction of arts and cultural facilities; (3) the
providing of arts and cultural services; (4) restoration or preservation of existing works of art; (5) the City's costs of administering the
Public Works Improvement Arts Program; and, (6) support to programs and operations of the Cultural Affairs Department.
Total
Actual Estimated Budget
2019-20 2020-21 2021-22
REVENUE
- 10,171,758 Cash Balance, July 1 5,201,758
Less:
9,602,122 - PYUNEXPAPPR1 Prior Years' Unexpended Appropriations 2,122,482
9,602,122 10,171,758 Balance Available, July 1 3,079,276
25,125,000 20,680,000 11,759 General Fund 19,451,530
95,869 398,000 11,786 One Percent for the Arts 95,000
1,142,060 939,000 11,806 Reimbursement from Other Agencies 1,113,139
- 150,000 11,827.5 Cultural Affairs Department Trust Fund (Schedule 29) -
24,595 - 11,840 Other Receipts -
186,256 160,000 11,842 Interest 180,000
36,175,902 32,498,758 Total Revenue 23,918,945

EXPENDITURES APPROPRIATIONS
25,599 - 229 Council -
15,288,345 15,698,000 237 Cultural Affairs 21,688,428
1,517,085 568,000 383 General Services 250,000
202,759 78,000 455 Information Technology Agency 29,432
82,996 101,000 513 Personnel 113,876
750,000 750,000 541 Police 750,000
100,000 100,000 575 Board of Public Works 100,000
313,488 321,000 937 General City Purposes 320,975
Special Purpose Fund Appropriations:
- 201,000 860 CTIEP - Municipal Facilities -
308,000 - 1,091 Recreation and Parks - Special Fund Appropriation -
1,500 - 1,549 Disability Trust Fund - DEAFestival -
285,000 285,000 1,880 El Pueblo Fund 285,000
8,999 - 1,882 Engineering Special Services -
54,100 - 1,883 General Services Trust Fund -
21,677 612,000 1,885 Landscaping and Miscellaneous Maintenance 216,234
- 150,000 1,889 Little Madrid Theater -
22,073 - 1,891 Mural Project Implementation -
141,955 150,000 1,892 Others (Prop K Maintenance) 150,000
8,530 10,000 1,898 Solid Waste Resources Revenue Fund 15,000
6,872,038 8,273,000 1,905 Reimbursement of General Fund Costs -

26,004,144 27,297,000 Total Appropriations 23,918,945
10,171,758 5,201,758 Ending Balance, June 30 -

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