1 services, and resources, providing attendees with opportunities to connect with local businesses, organizations, and support networks. Through these avenues, BPI not only celebrates pride, but also cultivates a supportive community network. BPl's commitment to building lasting connections and advocating for equality and acceptance remains steadfast year-round, ensuring that the spirit of Family Pride in the Park resonates throughout the Burbank community and beyond.
BPI has secured funding for the 2024 event through sponsorships, partnerships, and creative fundraising initiatives. Sponsors and partners include Macy's, Bento Box, Subaru, Costco, and REMAX, to name a few. While BPI has successfully secured funding, Mayor Schultz requested funding options that the City could provide to further support the event.
Although the City does not have a dedicated fund for contributions to non-profit/charitable organizations for a public purpose, Council can direct staff to request funds from the City's General Fund. Below are three possible scenarios for Council's consideration:
1) Sponsor up to $15,000 in matching funds.
2) Sponsor $15,000 with no matching funds.
3) Sponsor a lesser amount.
The first option would provide a significant financial contribution to BPl's event, while also requiring matching funds by BPI. This would benefit BPl's mission of fostering community involvement and providing resources to the LGBPQIA+ community. Furthermore, this - -- · --- o�tion-incentivizes BPI to-continue to seek sponsorship opportunities for the event and ultimately increase its outreach potential.
The second option would be a standard contribution of $15,000 with no requirement of matching -funds. This optionwould still provide BPI with a significant financial contribution.
The third option would be for Council to agree upon an alternative contribution amount less than $15,000. This could be an amount that Council determines would meet the needs of the BPl's event.
Should it be Council's desire to contribute to BPI, the City will require financial documentation from BPI as it relates to the use of City funds. This will ensure that the funds contributed to BPI are used for the event and for a specific public purpose.
FISCAL IMPACT
Depending on the Council's motion to sponsor Burbank Pride, lnc.'s Family Pride in the Park event, staff is requesting to appropriate one-time funding not to exceed $15,000.
CONCLUSION
The City has financially sponsored various community groups in previous years when there is a strong public purpose. Council is in a unique position to utilize the City's General Fund for one-time requests, which would exhibit the City's continuous efforts in fostering and strengthening community relationships. Staff recommends Council consider 2