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12-09-2019 Council Packet
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12-09-2019 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/09/2019
Council Meeting Type
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<br /> <br /> <br />CITY OF LINO LAKES <br />RESOLUTION NO. 19-170 <br /> <br />RESOLUTION ADOPTING THE 2020 RECREATION FUND BUDGET <br /> <br />WHEREAS, the Recreation Fund is a Special Revenue Fund, funded through fees generated by <br />recreation programming, and <br /> <br />WHEREAS, Special Revenue Funds are required to adopt a budget for the forthcoming year. <br /> <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 /> <br /> <br />2020 RECREATION FUND BUDGET <br /> <br /> REVENUES EXPENDITURES <br /> <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 /> <br />Program Totals $ 77,690 $ 82,479 <br /> <br />Operating Surplus (Deficit) (4,789) <br /> <br />Transfer from General Fund 11,500 <br /> <br />Recreation Fund Surplus 6,711 <br /> <br /> <br /> <br />Adopted by the Council of the City of Lino Lakes this 9th day of December, 2019. <br /> <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />_______________and was duly seconded by Council Member ________________ and upon <br />vote being taken thereon, the following voted in favor thereof: <br /> <br />The following voted against same: <br /> <br />_______________________________ <br />Jeff Reinert, Mayor <br />ATTEST: <br /> <br />________________________ <br />Julianne Bartell, City Clerk
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