ACTION REQUESTED:
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Communication from the City Manager to RECEIVE and FILE the PEORIA PARK DISTRICT RIVERFRONT PROGRAMMING WORK PROGRAM and BUDGET Report for 2015.
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BACKGROUND: The Riverfront Programming effort was made possible through a partnership with the City of Peoria and the Peoria Park District. These programs bring in an excess of 400,000 people to Peoria's vibrant Riverfront. Over 200 events are scheduled through the Park District each year. Annual events include the India American Society of Peoria for India Fest; German American Central Society for Oktoberfest; St. Patrick Society for Erin Feis; and other special Advisory Groups for the River City Soul Fest and Fiesta En El Rio. In 2014, the Peoria Park District and City of Peoria worked collaboratively to bring new events to the Riverfront. A few of the new events include Symphony Sunday, the return of the Jazz Festival, and Sailboat races in conjunction with the Illinois Valley Yacht & Canoe Club. In 2015, the City and Park District will continue to work on offering new events and more 'off-season' programming.
This past December, the Park District approved its 2015 Riverfront budget with projected revenue of $1,122,500 and projected expenditures of $1,101,334. This budget includes tax support from the Park District as well as the annual $86,500 from the City's budget for riverfront administration and planning.
Attached are the 2015 Riverfront Event Budget Summary Report and 2015 Program and Event Schedule for review.
FINANCIAL IMPACT: In November, the City approved its portion of the overall programming budget, which is $86,500 annually.
NEIGHBORHOOD CONCERNS: None at this time.
IMPACT IF APPROVED: If approved, the programming will move forward as indicated. As previously mentioned, Riverfront programs and events draw in excess of 400,000 people, which makes a significant impact on Peoria's economy.
IMPACT IF DENIED: Without City and Park District support, significant reductions and or elimination of programming would occur.
ALTERNATIVES: No Alternatives are recommended
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL'S 2014 - 2029 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Vibrant Downtown: Riverfront/ Central Business District/ Warehouse District
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Support sustainability.
DEPARTMENT: City Manager's Office