ITEM TITLE:
#21-48 - Amending the 2021 City Budget by Accepting $610.00 in Unbudgeted Revenues and Transferring $610.00 to Police Scholarship Reserve Fund
SUBMITTED BY: Brian Carlson
FISCAL NOTES:
Expenditure Required: $610.00
Unencumbered Balance: $610.00
Funding Source: 001.0000.34204 Police Donations Revenue
RECOMMENDATION:
Approve
SUMMARY STATEMENT:
• This resolution accepts $610 in unbudgeted revenue from police donations.
• Staff proposes adding this to the Scholarship Reserve established in 2019, and originally funded from accumulated forfeitures and donations.
• Barring objections from Council, staff will present a similar resolution annually to earmark all such revenues collected during the year.
• Police Chief will be present to field questions about the scholarship program.