REQUEST FOR CITY COUNCIL ACTION
DATE: 10/05/2022
TO: Honorable Mayor and City Council Members
FROM: Finance Department
SUBJECT:
Title
Request for Ownership of Revenue Account - Corona Employee Social Committee Donation Account.
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EXECUTIVE SUMMARY:
This staff report is to ask Council to authorize and establish ownership of revenue for all funds deposited in the Corona Employee Social Committee Donation Account. The City Manager has tasked the Employee Social Committee with planning events for staff throughout the year. The Employee Social Committee would like to be able to raise money (donations) during the events to help fund future events and offset expenses. The donations would be made by City employees for participating in things such as silent auctions, 50/50 raffle tickets, and any other such activities that allow for fundraising.
RECOMMENDED ACTION:
Recommended action
That the City Council authorize and establish ownership of revenue for all funds deposited in the Corona Employee Social Committee Donation Account.
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BACKGROUND & HISTORY:
Per the adopted budget resolution for Fiscal Year 2022 (Resolution 2022-040), the City Council may approve certain revenues as designated for specific purposes. The funds must be used for the purpose for which they are received. The budget resolution also outlines the use of funds. Funds less than $50,000 may be added to the department operating budget with the approval of the Department Director and concurrence of the Finance Director. Appropriations exceeding $50,000 shall be reviewed and approved by the City Council. At this time, the Social Committee cannot raise funds (i.e., receive donations) to help fund events.
ANALYSIS:
Pre-pandemic, the City of Corona regularly held events for City employees. After over two years of social distancing and postponing anything that called for gathering in groups, the City Manager has tasked the Employee Social Committee with getting such events back on...
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