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SUBJECT: NON - PROFIT FUNDING REQUESTS FOR 2016 <br />DATE: NOVEMBER 23, 2015 <br />PAGE2OF2 <br />Attached are copies of the actual applications received by the Finance Department. <br />Based on the Committee's comments from last year, the attachments do not included <br />any of the applicants financial information (budgets, financial statements) or their <br />Internal Revenue Service letters on 501(c)(3) status. The complete applications, with all <br />information received from the applicants, are available for review in the Finance <br />Department. <br />Staff hopes to record the Committee's final recommendations at this meeting or at the <br />December meeting. These recommendations will then be presented to the full City <br />Council for final approval in January and the disbursement of funds will be made in <br />February. <br />During the 2016 budget process, the City Council requested the Finance Committee <br />review all the City's grants and contributions when reviewing the Non - Profit Grant <br />Program. Other grants and contributions budgeted for 2016 that the Committee may <br />want to review are, as follows: <br />• $5,000 to Chamber of Commerce <br />• $10,000 to Cultural Council <br />• $2,000 for Festival of Lights (Chamber) <br />• $16,250 for Fourth of July Celebration <br />CITY COUNCIL COMMUNICATION <br />14 <br />