Loading...
FY 2017-18 Art in Public Places (APP) Annual ReportCity of La Quinta CITY COUNCIL MEETING: December 18, 2018 STAFF REPORT AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2017/18 ART IN PUBLIC PLACES ANNUAL REPORT RECOMMENDATION Receive and file the Fiscal Year 2017/18 Art in Public Places Annual Report. EXECUTIVE SUMMARY •Per the Municipal Code, the City must expend or commit fees from the Art in Public Places (APP) program within two years of receipt and monies collected must be accounted for in a separate fund. •An annual review of administrative expenses is required. There were no administrative expenses for 2017/18. •Attachment 1 presents the required analysis; the City has complied with the time limit for expenditure of fees and there are no findings to report. FISCAL IMPACT – None BACKGROUND/ANALYSIS The City’s APP fund is governed by the Municipal Code. Annually, the City must demonstrate that it has complied with the following: •A determination whether or not the fees have been committed for use within two years of collection. Fees may be used for: The cost of public art and its installation; The cost to purchase or lease art sites; Waterworks, landscaping, lighting and other objects, which are an integral part of the artwork; Frames, mats, pedestals and other objects necessary for the proper presentation of the artwork; Walls, pools, landscaping or other architectural or landscape architectural elements necessary for the proper aesthetic and structural placement of the artwork; Maintaining and repairing artwork; Administrative expenses to otherwise implement the APP program; Endowments; and Art replacement. CONSENT CALENDAR ITEM NO. 7 65 •Review administrative expenses to ensure they were reasonably assessed to implement this program and that they do not exceed five percent of the total funds in the account on July 1 of any year or $25,000 in any fiscal year. If fees collected are not committed for the aforementioned uses, they are returned to the contributor. Staff analyzed APP fund revenues and expenditures, and no reimbursements are due to contributors. There were no excess administrative costs. During 2017/18, the APP funds were used to purchase the following art pieces: •Commissioned Art Pieces from Thetford & Shavin Art Enterprise, LLC. •Commissioned Art Piece from Dolan Geiman Inc. Both art pieces are on display at the La Quinta Library MakerSpace. ALTERNATIVES As this report is a requirement of the Municipal Code, staff does not recommend an alternative. Prepared by: Karla Campos, Finance Director Approved by: Frank J. Spevacek, City Manager Attachment: 1. Art in Public Places FY 2017/18 Annual Financial Report 66 City of La Quinta ATTACHMENT 1 Art in Public Places (Fund 270) FY 2017/18 Beginning Ending Account Description Fund Balance at 7/1/2017 As of 6/30/2018 Fund Balance at 6/30/2018 Revenues & Other Sources: Developer fees 32,607 Interest income 4,034 Reimbursements 6,750 Total Sources 43,391$ Expenditures & Other Uses Art Purchases 70,012 Maintenance of Public Art 14,686 Project Administration - Transfers Out for Construction Art Project - Total Uses 84,699 Total Available 550,334$ (41,308)$ 509,026$ Two Year Test Using First In First Out Method Summary of Funds Beginning Fund Balance Revenues Collected Expenditures Committed Unspent June 30, 2014 677,886 99,190 86,993 271,307 418,776 June 30, 2015 682,810 115,356 110,432 253,768 433,966 June 30, 2016 682,810 47,187 163,012 529,000 37,985 June 30, 2017 566,985 47,660 64,312 522,000 28,333 June 30, 2018 550,334 43,391 84,699 522,000 (12,974) Total Revenue For Last Five Years 352,784$ 509,448$ 2,098,075$ Result : Two Year Spent or Committed Test Met Future commitments for unspent funds are detailed below. Art in Public Places Expenses and Future Commitments Capital Projects and Expenses FY 17/18 Expenses Committed % Complete % funded with fee Sculpture Restorations and Maintenance 14,008 100%100% Acknowledgement Plaques and Signs 678 100%100% Veterans Monument Upgrades/Expansion 49,920 100%100% Art Plaques 13,551 100%100% Thetford & Shavin Art Enterprise LLC - Commissioned Art 3,750 100%100% Dolan Geiman Inc. - League Bench 2,792 100%100% FY 2018/19 Budget for Art Purchases and Maintenance 122,000 2%100% FY 2018/19 New CIP - SilverRock Event Space 100,000 0%3% FY 2018/19 New CIP - La Quinta Village Complete Streets 95,000 0%23% FY 2018/19 New CIP - Jefferson/Avenue 53 Roundabout 5,000 0%0.28% Carryovers for Capital Projects - Dune Palms Bridge 200,000 0%1% Total 84,699 522,000 The Art in Public Places fund is used to account for fees paid in lieu of acquisition, installation, replacement, maintenance and repair of approved art works at approved sites. The fees are refundable if not expended or committed within two years. 67 68