My understanding of the agreement between the Parks Foundation and the SDGA is that the Foundation will process a check for the sum of the grant and put it in our hands. If this is the case I would like to recommend, as Treasurer, that we segregate this money from our general fund. I would also recommend we set aside the People's Park money raised to date in a similar fashion. When we need to add money or spend money from these 'dedicated' funds it will be easy to see exactly where we stand in terms of what accrues and what remains. A savings account in association with our existing checking account is what I have in mind. I will run this notion by the Board.
