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HomeMy WebLinkAbout122-23 RESOLUTIONi II 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 122-23 File Number: 2023-719 E-SCOOTER PROGRAM REVENUE (BUDGET ADJUSTMENT): A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $15,000.00 TO ALLOW REVENUE FROM THE E-SCOOTER PROGRAM TO BE USED FOR THE CITY'S TRAILS AND MOBILITY PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, moving $15,000.00 from the 2023 e-scooter program revenue to the expense account to be used for the City's trails and mobility program. PASSED and APPROVED on June 6, 2023 Approved: Page 1 Attest: G1T Y n •.'9s+'�� Kara Paxton, Cit4Cl-ere&asurer ; ,-*q4 fiiiiliti>>�',♦♦ == City of Fayetteville, Arkansas y 113 West Mountain Street Fayetteville, AR 72701 (479)575-8323 - Legislation Text File #: 2023-719 Recognize revenue from the e-scooter program A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $15,000.00 TO ALLOW REVENUE FROM THE E-SCOOTER PROGRAM TO BE USED FOR THE CITY'S TRAILS AND MOBILITY PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, moving $15,000.00 from the 2023 e-scooter program revenue to the expense account to be used for the City's trails and mobility program. Page 1 CITY OF FAYETTEVILLE ARKANSAS MEETING OF JUNE 6, 2023 TO: Mayor Jordan and City Council THRU: Chris Brown, Public Works Director Susan Norton, Chief of Staff FROM: Matt Mihalevich, Active Transportation Manager DATE: SUBJECT: Recognize revenue from the e-scooter program RECOMMENDATION: CITY COUNCIL MEMO 2023-719 Approval of a Budget Adjustment to recognize revenue from the e-scooter program in the amount of $15,000 and increase the related expense budget. BACKGROUND: Fayetteville began permitting shared e-scooters in 2019 shortly after an e-scooter ordinance (6205) was adopted. In 2020 e-scooter permit revenues started at $27,200 per year. 2021 revenues increased to $60,400 per year and in 2022 the revenues stayed steady at $60,400. 2023 has already seen $40,700 and is projected to exceed the historical $60,000 per year. The program continues to see high usage rates and revenue is anticipated to be at least $60,000 going forward into the future. DISCUSSION: Since 2020, revenue from the e-scooter companies has been used to make improvements to the trail system and on -street bicycle network, including scooter and bike parking, safety campaigns for all users, promotional materials and other mobility program related enhancements and maintenance. This request continues the historical annual $15,000 investment to the active transportation network for 2023 using revenues generated from the e-scooter program to enhance the safety and user experience for all users in Fayetteville. BUDGET/STAFF IMPACT: This request moves $15,000 of the estimated $60,000 in 2023 e-scooter program revenue to the expense account so it can be used for the trails and mobility program. ATTACHMENTS: 2023-719 SRF - Recognize Scooter Revenue, 2023-719 BA Recognize Scooter Revenue Mailing address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 Matt Mihalevich Submitted By City of Fayetteville Staff Review Form 2023-719 Item ID May 16th, 2023 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item 4/27/2023 ENGINEERING (621) Submitted Date Division / Department Action Recommendation: Approval of a Budget Adjustment to recognize revenue from the e-scooter program in the amount of $15,000 and increase the related expense budget. Budget Impact: 1010.090.6600-5814.05 General Fund Account Number Fund 21012 Mobility / Trail Improvements Project Number Project Title Budgeted Item? Yes Total Amended Budget $ 11,593.00 Expenses (Actual+Encum) $ 6,814.41 Available Budget Does item have a direct cost? No Item Cost Is a Budget Adjustment attached? Yes Budget Adjustment Remaining Budget 4,778.59 $ 15,000.00 19,778.59 V20221130 Purchase Order Number: Previous Ordinance or Resolution # Change Order Number: Original Contract Number: Comments: Approval Date: City of Fayetteville, Arkansas - Budget Adjustment (Agenda) Budget Year Division Adjustment Number ENGINEERING (621) /Org2 2023 Requestor: Matt Mihalevich BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: A Budget Adjustment to recognize revenue from the e-scooter program in the amount of $15,000 and increase the related expense budget. COUNCIL DATE: 5/16/2023 ITEM ID#: 2023-719 Holly Black q/27/2023 70:44 ANI Budget Division Date TYPE: D - (City Council) JOURNAL#: GLDATE: RESOLUTION/ORDINANCE CHKD/POSTED: TOTAL 15,000 15,000 v.2023424 Increase / (Decrease) Project.Sub# Account Number Expense Revenue Project Sub.Detl AT Account Name 1010.001.0001-4208.00 - 15,000 21012 1 RE License - Scooters 1010.090.6600-5814.05 15,000 - 21012 1 EX Improvements -Trails I of 1