City of Racine - File #: 0872-24

• File #: 0872-24
• Version: A
• Name: Subject: Communication sponsored by Alder Horton, on behalf of the Assistant Finance Director, requesting permission for the Financial Empowerment Center (FEC) Coordinator to apply for and accept any donations under $100,000 to support the program operati
• Type: Communication
• Status: In Committee
• File created: 10/3/2024
• In control: Finance and Personnel Committee
• Title: Subject: Communication sponsored by Alder Horton, on behalf of the Assistant Finance Director, requesting permission for the Financial Empowerment Center (FEC) Coordinator to apply for and accept any donations under $100,000 to support the program operations and initiatives of the Financial Empowerment Center. Staff Recommendation: That the FEC Coordinator be given permission to apply for and accept any donations under $100,000 to support the program operations and initiatives of the Financial Empowerment Center through March 31, 2025. Recommendation of the Finance and Personnel Committee on 10-07-2024: That the item be deferred pending review of the policy regarding donations and grants. Fiscal Note: No match required.

Date	Ver.	Action By	Action	Result
10/7/2024	A	Finance and Personnel Committee	Deferred

Title

Subject: Communication sponsored by Alder Horton, on behalf of the Assistant Finance Director, requesting permission for the Financial Empowerment Center (FEC) Coordinator to apply for and accept any donations under $100,000 to support the program operations and initiatives of the Financial Empowerment Center.

Staff Recommendation: That the FEC Coordinator be given permission to apply for and accept any donations under $100,000 to support the program operations and initiatives of the Financial Empowerment Center through March 31, 2025.

Recommendation of the Finance and Personnel Committee on 10-07-2024: That the item be deferred pending review of the policy regarding donations and grants.

Fiscal Note: No match required.