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2020-08-05 CC Agenda Packet - PRESENTATION - CDF Budget RecommendationCultural Development Fund Budget * all programming must proceed through standard ACC application & approval processes, which includes evaluation of DEI impact Project Description & Ranking CDP program administration (e.g. expert consultation, subscription fees, marketing & 1 Administrative promotion of opportunities) 2 Cultural Gatherings (e.g. ACC -organized talks/presentations/events to exchange cultural Event* experiences) 3 DEI training and education (e.g. stipends to compensate speakers) Administrative Grants to support artistic programming and projects in the community. Application 4 process to include evaluation of diversity, equity, & inclusion (DEI) impact. (e.g. murals, Community Grant pop-up installations, grants to individual artists : not limited to 501(c)(3) nonprofits) 5 Grants for sustainment of community cultural institutions (rest. to 501(c)(3) non -profits ) 6 Library Programming Expansion (e.g. concerts, author talks, living library) 7 Rec & Park Programming Expansion (e.g. theatre program, expand concertseries with cultural instruction e.g. dance instruction) Placemaking at Library Park: mural (wall outside children's area, future entrance), 8 Storybook Loop, and community engagement. Preference for underrepresented artists. Supplement current $120k budget. 9 Gateway Project plus -up (1:1 match with city funds) 10 Art Walk 2021 (June) 11 Murals in the community. Preference for underrepresented artists. 12 ACC Discretionary Reserve 13 Grants for urban placemaking (e.g. streetside parklets) 14 Maintanance/repairs on prior installations 15 Artistic link to the beach Community Grant Event* Event* EI Segundo 2021 Budget Year Fiscal Q1 Fiscal Q2 Fiscal Q3 2020 2021 $ 5.0 I $ 5.0 $ 5.0 $ 2.0 $ 2.0 $ 2.0 $ 0.5 $ 0.5 $ 0.5 $ 10.0 $ 10.0 $ 10.0 $ 50.0 $ 50.0 $ 50.0 $ 5.0 $ 10.0 $ 10.0 $ 5.0 $ 10.0 $ 10.0 Public Art 1 $ 15.0 1 $ 35.0 $ Public Art $ 150.0 Event* $ - $ - $ 13.0 Public Art $ - $ 10.0 $ 10.0 Administrative $ 22.8 $ 22.8 $ 22.8 Community Grant $ 10.0 $ 10.0 $ 10.0 Public Art $ - $ 10.0 $ 10.0 Public Art $ - $ - $ 10.0 Running Tot $ 275 $ 451 $ 614 Budget Administered by City of EI Segundo Finance Department under guidance by the ACC and approval by the City Council Note: funding listed in k$ Funding Levels $ 25 $ 486 $ 685 Plotted in chart as linear allocation across bud CDP funding level It balance in the fund on historical 10 -yr data avg ACC SPEND PLAN $800 $700 $600 $500 $400 $300 $200 $100 $- ---------------------------------------- 2020-Q4 2021-Q1 2021-02 t Quarterly spend t Projected cum. spend ------- Initial budget Current balance ------- Historical avg. The partnership model makes this budget work version ACC FY2021 revI ACC partners with the City, nonprofits, and community creatives to execute projects within a budget cycle Date 7/30/