Page 326 - FY 2022-23 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
2020-21 2021-22 2022-23
REVENUE
10,075,865 9,639,015 Cash Balance, July 1 5,150,015
Less:
- - PYUNEXPAPPR1 Prior Years' Unexpended Appropriations 3,644,085
10,075,865 9,639,015 Balance Available, July 1 1,505,930
20,679,996 20,126,000 11,759 General Fund 20,247,692
904,320 669,000 11,786 One Percent for the Arts 600,000
479,489 1,113,000 11,806 Reimbursement from Other Agencies 696,684
14,130 - 11,840 Other Receipts -
105,500 180,000 11,842 Interest 78,795
32,259,300 31,727,015 Total Revenue 23,129,101

EXPENDITURES APPROPRIATIONS
12,714,827 24,147,000 245 Cultural Affairs 18,020,620
294,023 250,000 393 General Services 250,000
78,451 29,000 465 Information Technology Agency -
96,666 114,000 523 Personnel 117,924
727,500 750,000 551 Police 1,000,000
100,000 100,000 585 Board of Public Works 100,000
40,000 - 677 Bureau of Street Services -
193,566 321,000 947 General City Purposes 320,975
Special Purpose Fund Appropriations:
- 200,000 860 CTIEP - Municipal Facilities -
285,000 285,000 1,880 El Pueblo Fund 285,000
8,999 - 1,882 Engineering Special Services -
153,812 216,000 1,885 Landscaping and Miscellaneous Maintenance 200,000
100,000 - 1,890 Los Angeles Theater Center -
28,093 - 1,891 Mural Project Implementation -
170,209 150,000 1,892 Others (Prop K Maintenance) 150,000
5,645 15,000 1,898 Solid Waste Resources Revenue Fund 15,000
7,623,494 - 1,905 Reimbursement of General Fund Costs 2,669,582

22,620,285 26,577,000 Total Appropriations 23,129,101

9,639,015 5,150,015 Ending Balance, June 30 -

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