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CITY OF LINO LAKES <br />RESOLUTION NO. 19-170 <br />RESOLUTION ADOPTING THE 2020 RECREATION FUND BUDGET <br />WHEREAS, the Recreation Fund is a Special Revenue Fund, funded through fees generated by <br />recreation programming, and <br />WHEREAS, Special Revenue Funds are required to adopt a budget for the forthcoming year. <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes, <br />that the following Recreation Fund Operating Budget for the year 2020 is hereby adopted: <br />2020 RECREATION FUND BUDGET <br />REVENUES EXPENDITURES <br />Fund 201-203 $ 5,750 $ 6,850 <br />Fund 201-204 1,320 350 <br />Fund 201-205 42,420 55,635 <br />Fund 201-207 13,150 9,998 <br />Fund 201-208 15,050 9,646 <br />Program Totals <br />Operating Surplus (Deficit) <br />Transfer from General Fund <br />Recreation Fund Surplus <br />$ 77,690 <br />$ 82,479 <br />(4,789) <br />11,500 <br />6,711 <br />Adopted by the Council of the City of Lino Lakes this 9th day of December, 2019. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Maher and was duly seconded by Council Member Rafferty and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Maher, Rafferty, Manthey,Stoesz, <br />The following voted against same: <br />none <br />Jeff Reinei`t, 1Mayor <br />ATTEST: <br />Tuha e Bartell, Cit) Cle <br />