Jax Chamber Funding Advances with Increased Bookkeeping Requirements
The marketing money will come with a new reporting obligation, as a major business group in Northeast Florida needs to save its receipts going forward.
A Jacksonville City Council committee debated the proposed $750,000 appropriation for the local Chamber of Commerce for a second straight day. The money is typically in the budget, but this year, the measure was not in the final spending plan, leading to a push to move the funding through in one cycle of committee hearings and a full Council vote.
The Finance Committee voted in support of the proposal, but not without questions about records. Council Auditor Phillip Peterson said the Chamber currently reports quarterly on what they’ve done to market Jacksonville in accordance with their services contract, rather than submitting receipts to show how money is spent in the way that nonprofits getting grants must.
Author's summary: Jax Chamber funding advances with new reporting rules.