Title
Consider/Discuss/Act on the Final Report of Youth Ballet of Texas
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
MEETING DATE: July 25, 2019
DEPARTMENT: Housing and Community Development
CONTACT: Janay Tieken, Housing and Community Development
ITEM SUMMARY:
• As per City Council Resolution 2018-10-119®, the McKinney Arts Commission awarded a FY19 Art Grant of $18,000 to Youth Ballet of Texas.
• The grant award included $7,000 in additional funds to be used for a portable floor.
• YBT presented five performances in McKinney, two outside McKinney, with a total attendance of 1,472.
BACKGROUND INFORMATION:
• Annual Art Grants provide financial assistance for up to 50% of the eligible expenses associated with annual projects.
FINANCIAL SUMMARY:
• 70% of the $18,000 grant was awarded to the organization at the beginning of the fiscal year. Upon approval of the Final Report by the Arts Commission, the remaining 30% ($5,400) will be awarded.
• Youth Ballet of Texas reported actual expenses of $51,963.