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HomeMy WebLinkAboutMd-Yr Adjstmnt Promo for "Set to Save" PgrmCITY OF PALM DESERT OFFICE OF ENERGY MANAGEMENT STAFF REPORT REQUEST: Mid -Year Budget Adjustment for Promotional Activities Account No. 110-4511-442-3223 SUBMITTED BY: Patrick Conlon, Director of Office of Energy Management DATE: April 24, 2008 Recommendation: By Minute Motion, appropriate $128,000 from Unobligated General Fund to Account No. 110-4511-442-3223 for 3rd and 4th Quarter "Set To Save" Promotional Activities. Discussion: For FY 07/08 we started with $100,000.00 in our Advertising and Promotion budget. As of April 15, 2008, we have spent $162,393. Approximately $112,000 has been spent on television and radio airtime for our "Set to Save" commercials for the first 3 quarters of FY 07/08. Approximately $29,000 was spent on the Set To Save brochure mailed to all residents February 6, 2008. Southern California Edison has reimbursed the City $59,635 for the 1st and 2nd quarter 07/08 airtime costs. They will also reimburse the City approximately $89,160 for 3rd and 4th quarter airtime costs, as well as $28,934 for the production and mailing of the Set To Save brochure. When the money comes to the City it will be deposited into the City's General Fund and not back into our Advertising and Promotion account. We have opened new Purchase Orders for the 4th quarter of FY 07/08 to cover "Set to Save" television and radio commercial airtime in the amount of $41,030. Of the $228,000 that we will spend in this Advertising and Promotion account, Southern California Edison will reimburse the City approximately $177,700. Submitted by: Patrick Conlon Approval: City Mager Finance Director REGULAR PALM DESERT CITY COUNCIL MEETING APRIL 24, 2008 XIV. NEW BUSINESS A. REQUEST FOR APPROVAL OF A MID -YEAR BUDGET ADJUSTMENT FOR PROMOTIONAL ACTIVITIES ASSOCIATED WITH THE CITY OF PALM DESERT'S "SET TO SAVE" PROGRAM. Rec: By Minute Motion, appropriate $128,000 from Unobligated General Fund to Account No. 110-4511-442-3223 for 3rd and 4th Quarter "Set To Save" Promotional Activities. Action: Approved the recommendation. 5-0 ACT P ROVED�/ �, DENIED.. Ri CEIVED ...,..... OTHER ;;;_',ET ING DATE q- ,6“4 AY. Es d4,-U-S01 NOES ABSENT : 61121,1f_ VERIFIED BY: KOK /m, a`n ., ')riginal on File 'ith City Clerk's Office