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Council raises threshold for donations that city departments may accept without council appropriation to $10,000
Summary
City staff proposed an internal service fund to accelerate small donations; council amended the proposal to raise the administrative acceptance threshold from $5,000 to $10,000 and approved the policy change.
The Lufkin City Council approved a financial policy allowing city departments to accept donations, contributions or grants below a specified dollar threshold into an internal service fund for faster use; the council agreed to set that threshold at $10,000.
City staff explained the policy would let departments deposit donations under a threshold into an internal service fund so funds can be…
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