2024/06/25 City of Rohnert Park Foundation Resolution 2024-001 RESOLUTION NO. 2024-001
A RESOLUTION OF THE CITY OF ROHNERT PARK FOUNDATION APPROVING
AND ADOPTING THE OPERATING BUDGET FOR THE CITY OF ROHNERT PARK
FOUNDATION FOR FISCAL YEAR 2024-25
WHEREAS; the Executive Director has heretofore prepared and submitted to the City of
Rohnert Park Foundation Board a proposed budget for the City of Rohnert Park Foundation for
the Fiscal Year 2024-25; and,
WHEREAS, on May 28, 2024, at its scheduled Foundation Board Meeting, the
Foundation Board of Directors discussed the operating budget submitted by the Executive
Director; and,
WHEREAS, on June 25, 2024, at a regular meeting of the Foundation Board, the City of
Rohnert Park Foundation Board of Directors considered the budget submitted by the Executive
Director.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the City of
Rohnert Park Foundation that it does hereby determine, authorize, and approve the following:
Section 1. The above recitals are true and correct and material to this Resolution.
Section 2. The City of Rohnert Park Foundation Proposed Budget for Fiscal Year 2024-
25, as outlined in the Budget for FY 2024-25 is hereby approved, and adopted as the budget for
the City of Rohnert Park Foundation for Fiscal Year 2024-25.
BE IT FURTHER RESOLVED that the Executive Director is hereby authorized and
directed to execute documents pertaining to same for and on behalf of the City of Rohnert Park
Foundation.
BE IT FURTHER RESOLVED that the Foundation Treasurer is hereby authorized and
directed to make any administrative changes to the budget to carry forward any planned
expenditures from FY 2023-24 that have been delayed or not have not been reflected in the
Foundation Budget.
DULY AND REGULARLY ADOPTED this 25`h . - of June, 2024.
CITY OF '0 ► RT PARK FOUNDATION
0
ATTEST: Susan Adams, Chair
Sylvia Lopez Cuevas, Secretary
AP ROV D RM: - -
chelle . Kenyon, Legal Counsel
Attachments: Exhibit A
ELWARD: RODRIGUEZ: / SANBORN: GIUDICE• ADANIS: 1,
S: ( ‘) NOES: ( ) ABSENT: ( ABSTAIN:
Exhibit A
4609 City of Rohnert Park Foundation
Account Number - Account Name
FY 22-23
Actual
FY 23-24
Revised
Budget
FY 24-25
Adopted
Budget
$ Change %
Change
46096000-44110 T-In Rohnert Park Foundation 2,468,444 0 0 0 0.0%
TRANSFERS IN TOTAL 2,468,444 0 0 0 0.0%
46096000-50079 Interest Income-Allocated 35,515 21,400 53,400 32,000 -149.5%
INTEREST AND RENTS TOTAL 35,515 21,400 53,400 32,000 149.5%
46096000-50315 Concessions Non-Taxable 14,124 12,000 12,000 0 0.0%
46096000-50317 Concessions Taxable Sales 12,041 12,000 12,000 0 0.0%
CHARGES FOR SERVICES TOTAL 26,165 24,000 24,000 0 0.0%
46096000-50341 Contributions 1,327,794 1,385,668 1,418,500 32,832 -2.4%
DONATIONS AND MISCELLANEOUS TOTAL 1,327,794 1,385,668 1,418,500 32,832 2.4%
46096000-63335 Other Exps-Concessions 17,505 11,000 11,000 0 0.0%
46096000-63395 License & Permit 825 1,100 1,500 400 36.4%
46096000-63535 RP Foundation Donation to GF 7,835 0 11,500 11,500 100.0%
OPERATIONAL EXPENSE TOTAL 26,165 12,100 24,000 11,900 98.3%
46096000-63710 Grants- RPF Fee Waiver Program 11,849 15,000 0 (15,000)-100.0%
46096000-63720 Grants-Small Grants Program 27,772 100,000 300,000 200,000 200.0%
46096000-63730 Grants-Municipal Projects 48,771 105,266 0 (105,266)-100.0%
GRANTS TOTAL 88,391 220,266 300,000 79,734 36.2%
46096000-64030 Professional Legal Fees 953 0 2,500 2,500 100.0%
46096000-66210 Other Expense 350 216,500 0 (216,500)-100.0%
CONTRACT AND PROFESSIONAL TOTAL 1,303 216,500 2,500 (214,000)98.8%
46096000-71000 T-Out General Fund 1,067,159 1,066,455 0 (1,066,455)-100.0%
46096000-77110 T-Out CIP-Government 250,505 2,235,374 0 (2,235,374)-100.0%
OPERATIONAL TRANSFERS OUT TOTAL 1,317,664 3,301,829 0 (3,301,829)-100.0%
RONERT PARK FOUNDATION TOTAL 2,424,395 (2,319,627)1,169,400 (3,359,363)144.8%
FUND BALANCE 06/30/2023 2,501,221
PROJECTED FY 2023-24 NET CHANGE (2,319,627)
ADOPTED FY 2024-25 NET CHANGE 1,169,400
PROJECTED FUND BALANCE 06/30/2025 1,350,994