CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
Petitioner:
Anna Danchik, Comptroller
Recommendation:
title
Approve, adopt, and authorize the Chair to sign a resolution establishing the Clark County Stadium Authority Baseball Stadium Custodial Fund (7962). (For possible action)
body
FISCAL IMPACT:
Fund #:
7962.000
Fund Name:
CCSA BB Stadium Custodial
Fund Center:
N/A
Funded PGM/Grant:
Amount:
Description:
Additional Comments:
BACKGROUND:
In order to properly segregate the collections and disbursements of certain taxes, fees or charges in connection with the newly created Clark County, Nevada Sports and Entertainment Improvement District No. 1, the County needs to create a custodial fund in order to prevent the comingling of revenues earned by the County and those collected on behalf of the Stadium Authority.