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HomeMy WebLinkAbout2026/05/12 City of Rohnert Park Foundation Resolution 2026-001 RESOLUTION NO. 2026-001 A RESOLUTION OF THE CITY OF ROHNERT PARK FOUNDATION AUTHORIZING BUDGET AMENDMENTS TO INCREASE APPROPRIATIONS IN THE AMOUNT OF $46,917 FOR FY 25-26 WITHIN THE ROHNERT PARK FOUNDATION WHEREAS, The Foundation Board of Directors (Board) adopted the FY 2025-26 Budget on June 10, 2025; and, WHEREAS, the Board has the authority to amend the budget; and, WHEREAS, the Executive Director and Treasurer have reviewed and recommended the operational changes to be brought forward to the Board for consideration; and, WHEREAS,the Board desires to increase appropriations for Donations to the City of Rohnert Park Performing Arts Center to distribute prior year Concession Sales ($30,000); and, WHEREAS,the Board desires to increase appropriations for expenditures incurred to purchase gifts for the toy drive and pay for merchant fees due to costs exceeding donation revenue available by $2,449; and, WHEREAS,the Board desires to increase appropriations for expenditures incurred to purchase gifts for the toy drive out of the Toy Drive Fund, and this expenditure is offset by donation revenue ($14,468). NOW, THEREFORE, BE IT RESOLVED by the City of Rohnert Park Foundation Board of Directors that the foregoing recitals are true and correct and that it does hereby authorize budget amendments to increase appropriations in the amount of$46,917 for FY 2025- 26 within the Rohnert Park Foundation. BE IT FURTHER RESOLVED that the Treasurer is authorized to make any administrative adjustments necessary to process the amendments in accordance with generally accepted accounting principles. DULY AND REGULARLY ADOPTED this 12th day of May, 2026. CITY OF ROHNERT PARK F NDATION ATTEST: milt' S rn, it Sylvia Lopez Cuevas, Secretary APPROVED AS TO FORM: __ 1 Pa avi Vishwanath, Legal Counsel ADAMS: GUIDICE:( RODRIGUEZ: ,( ELWARD:-4 SANBORN.- AYES: 5 NOES: 9c ) AB ENT: ( c ) ABS AIN: ( �) J