2005 AGN JUN 21 I11 - Laserfiche WebLink

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CITY OF COLTON AGENDA REPORT FOR COUNCIL MEETING OF June 21, 2005 TO: Honorable Mayor and City Council Members FROM: Bill Smith — Community Services Director,, SUBJECT: Request Acceptance of Donations and Approval of Resolution, Increasing Budget Revenue and Expenditure Allocations in the Community Services Department, to Account for the Receipt of Greater -than -Expected Donation Funding for Unity Day DATE: June 13, 2005 ITEM #11 BACKGROUND: The Community Services Department has again been fortunate to receive greater -than - anticipated donation levels to this year's Unity Day and Chili Cookoff. These donations have totaled $2,500 over the budgeted revenue estimate. This increased funding enabled us to spend additional funds on the event, which was very successful. DISCUSSION/ANALYSIS: These donations were not anticipated, nor budgeted, for the current fiscal year. Because this money was not budgeted, it is necessary to adjust the Community Services Department budget, to reflect the additional revenue, as well as the allocation for expenditure. FINANCIAL IMPACT: There is no net financial impact to the City for this allocation. Revenue account number 100-6745 would be increased by $2,500, and Expenditure account number 100-6200-6214-2300 would likewise be increased by $2,500. ENVIRONMENTAL IMPACT: None CONFLICT OF INTEREST: None RECOMMENDATION: Staff recommends that City Council accept these donations and approve Resolution , increasing revenue and expenditure allocations in the Community Services Department to account for the receipt of donation funds for this year's Unity Day event. ATTACHMENT: Resolution REVIEW TEAM Y S:16L City Attorney: City Manager: Finance Director: OTHER: