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HomeMy WebLinkAbout2026/06/09 City of Rohnert Park Foundation Resolution 2026-002 RESOLUTION NO. 2026-002 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 2026-27 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 2026-27; and, WHEREAS, on April 16, 2026, at its scheduled Foundation Board Meeting, the Foundation Board of Directors discussed the operating budget submitted by the Executive Director; and, WHEREAS, on June 9, 2026, 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. A. Changes directed by the Board during the review of the budget. B. Allow spending to exceed an individual line item up to the amount of the overall budget; C. Appropriation of toy drive or other donations up to the amount of the donations that are received. Section 3. The City of Rohnert Park Foundation Proposed Budget for Fiscal Year 2026- 27, as outlined in the Budget for FY 2026-27 is hereby approved, and adopted as the budget for the City of Rohnert Park Foundation for Fiscal Year 2026-27. 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 2025-26 that have been delayed or not have not been reflected in the Foundation Budget. DULY AND REGULARLY ADOPTED this 9th day of June, 2026. CITY OF ROHNERT PARK FOUNDATION n mild born, Chair ATTEST: Sylvia Lopez Cuevas, Secretary APPR VED S TO FORM: k.fiL.----- Mich le M. Kenyon, Legal Counsel Attachments: Exhibit A ADAMS: )4 _GUIDICE: �' RODRIGUEZ: ELWARD: SANBORN: Al. AYES: NOES: ABSE T: ABST IN: Resolution 2026-002 Page 2 of 2 Rohnert Park Foundation Fund Acct Number Description FY 24-25 Actual FY 25-26 Original Budget FY 26-27 Adopted Budget $ Change % Change 30,393 23,250 23,250 - 0.0% 36,976 23,250 23,250 - 0.0% 67,369 46,500 46,500 - 0.0% 122,483 80,000 85,600 5,600 7.0% 22,500 --- 0.0% 144,983 80,000 85,600 5,600 7.0% 1,437,951 1,470,300 1,489,000 18,700 1.3% 1,437,951 1,470,300 1,489,000 18,700 1.3% 69,703 - 300,000 300,000 100.0% 69,703 - 300,000 300,000 100.0% -- 2,000 2,000 100.0% 13,858 15,000 19,060 4,060 27.1% 950 1,500 1,650 150 10.0% -- 500 500 100.0% - 10,000 10,000 - 0.0% -- 25,000 25,000 100.0% -- 200,000 200,000 100.0% -- 8,000 8,000 100.0% - 160,000 160,000 - 0.0% 11,500 90,000 87,400 (2,600) (2.9%) - 10,000 10,000 - 0.0% - 150,000 150,000 - 0.0% - 313,770 315,000 1,230 0.4% - 150,000 - (150,000) (100.0%) 40,000 - 10,000 10,000 100.0% 18 --- 0.0% -- 30,000 30,000 100.0% 15,852 20,000 22,000 2,000 10.0% (6,425)- 45,000 45,000 100.0% 19 - 5,000 5,000 100.0% 75,772 920,270 1,100,610 180,340 19.6% -- 8,000 8,000 100.0% 33,262 2,500 10,000 7,500 300.0% 2,280 2,300 2,500 200 8.7% 46096000-50315 Concessions Non-Taxable 46096000-50317 Concessions Taxable Sales TOTAL-Charges for Services 46096000-50079 Interest Income-Allocated 46096000-50082 FMV- Unrealized Gain/Loss TOTAL-Interest & Rents 46096000-50341 Contributions TOTAL-Other Revenue 46096000-63720 Grants-Small Grants Program TOTAL-Grants - Other 46096000-63140 Advertising 46096000-63335 Other Exps-Concessions 46096000-63395 License & Permit Fees 46096000-63415 Bank & Merchant Fees 46096000-63530 Donations Explorer Program 46096000-63531 Donation Exp GF D1399 NonDept 46096000-63532 Donation Exp GF D4120 Streets 46096000-63533 Donation Exp GF 5130 AS 46096000-63534 Donation Exp GF 5100 Prgrm&Evn 46096000-63535 Donation to GF 5200 PAC 46096000-63536 Donation Exp to 5300 Com Srvcs 46096000-63537 Donation to GF 4140 Storm 46096000-63538 Donation to D4110 Parks 46096000-63539 Donation to D4260 Sustainblty 46096000-63540 Donation to D3300 PS ER Prep 46096000-63610 Travel and Training 46096000-63705 Utility Box Art Program 46096000-63710 RPF Fee Waiver Program 46096000-63730 Municipal Projects 46096000-66210 Special Dept Expense TOTAL-Services & Supplies 46096000-64000 Contract - Outside Services 46096000-64030 Professional Legal Fees 46096000-64040 Audit Acctng & Tax Fee TOTAL-Prof Contracts 35,542 4,800 20,500 15,700 327.1% Exhibit A Exhibit A Page 1 Rohnert Park Foundation Fund Acct Number Description FY 24-25 Actual FY 25-26 Original Budget FY 26-27 Adopted Budget $ Change % Change 46096000-77110 T-Out CIP-Government 684,885 - 1,320,000 1,320,000 100.0% 46096000-77111 T-Out to Non Capital Project -- 185,000 185,000 100.0% TOTAL-Transfer Out 684,885 - 1,505,000 1,505,000 100.0% TOTAL Revenues 1,650,303 1,596,800 1,621,100 24,300 1.5% TOTAL Expenditures 865,902 925,070 2,926,110 2,001,040 216.3% Net Increase (Decrease) Fund Balance 784,401 671,730 (1,305,010) (1,976,740) (294.3%) Exhibit A Page 2 Rohnert Park Foundation Toy Drive Donation Fund Acct Number Description FY 24-25 Actual FY 25-26 Original Budget FY 26-27 Adopted Budget $ Change % Change 46106000-50338 RPF Donations Toy Drive -- 20,000 20,000 100.0% TOTAL-Donations Rev -- 20,000 20,000 100.0% 46106000-63337 Toy Drive Expenses -- 20,000 20,000 100.0% TOTAL-Services & Supplies -- 20,000 20,000 100.0% TOTAL Revenues -- 20,000 20,000 100.0% TOTAL Expenditures -- 20,000 20,000 100.0% Net Increase (Decrease) Fund Balance ---- 0.0% Exhibit A Page 3 Fund Description Estimated Beginning Fund Balance FY26-27 Projected Revenue FY26-27 Projected Expenditures Net Depreciation and Reserves FY26-27 Estimated Ending Fund Balance 4609 Rohnert Park Foundation 2,052,830 1,621,100 2,926,110 - 747,820 4610 RPF Toy Drive Donation - 20,000 20,000 - - Rohnert Park Foundation Funds FUND BALANCE SUMMARY Exhibit A Page 4