2013/06/11 City Council Resolution 2013-089RESOLUTION NO. 2013 -089
RESOLUTION OF THE COUNCIL OF THE CITY OF ROHNERT PARK
ESTABLISHING A SPECIAL REVENUE FUND — GRATON MITIGATION FUND
FOR THE CITY OF ROHNERT PARK
WHEREAS, special revenue funds are used to account for and report the proceeds of
specific revenue sources that are restricted and committed to expenditures for specified purposes
other than debt service or capital projects; and
WHEREAS, special revenue fund include receipts reserved for appropriation, revolving
funds, grants from governmental entities and contribution from private parties and organizations;
and
WHEREAS, a special revenue fund must be established pursuant to GASB 54; and
WHEREAS, the Graton Mitigation Fund special revenue fund (fund number 176) would
be established to address the City's casino mitigation costs, and the fund would be used to
account for the proceeds of revenue sources for its stated purposes; and
NOW, THEREFORE, BE IT RESOLVED, the City Council of the City of Rohnert
Park, hereby authorizes the creation and use of a Special Revenue Fund - Graton Mitigation
Fund.
DULY AND REGULARLY ADOPTED this 11 "' day of June, 2013.
L p
�yy Clerk
CITY OF ROHNERT PARK
Mayor
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