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Budget Resolution Recognizing Bequest From Lucille E. Robison Living Trust to Ridge Manor Library for FY 2023-24
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BRIEF OVERVIEW
A budget resolution is attached for final distribution of $290,051.00 received from the Lucille E. Robison Living Trust to the benefit of “Ridge Manor Library.” The resolution adopted at the September 12, 2023, Board meeting specifies that the funds can only be used for the benefit of the Ridge Manor Branch Library. The generous bequest will help provide library materials, services, programs, and enhancements to the East Hernando Library Branch.
FINANCIAL IMPACT
The funds will be recognized in Account No. 1781-04781-3669030 Donations-Library and various expenditure accounts per attached resolution.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended the Board approve and authorize the Chairperson’s signature on the attached budget resolution.