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12-14-2020 Council Packet
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12-14-2020 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/14/2020
Council Meeting Type
Regular
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<br />CITY OF LINO LAKES <br />RESOLUTION NO. 20-157 <br /> <br />RESOLUTION AMENDING THE 2020 GENERAL OPERATING BUDGET <br /> <br />WHEREAS, the City Council has adopted a general operating budget for 2020, and <br /> <br />WHEREAS, the City Council has made certain fiscal decisions through the year which have an <br />impact on the general operating budget, and <br /> <br />WHEREAS, the COVID-19 pandemic, changes in economic conditions, and changes in budget <br />forecasts have made it necessary for the City Council to reconsider portions of the adopted <br />general operating budget, and <br /> <br />WHEREAS, it is good management and accounting practice to amend the general operating <br />budget to reflect such changes. <br /> <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes, <br />that the general operating budget for 2020 be amended as follows: <br /> <br /> <br />REVENUES <br />Adopted Amended Adjustment <br />Account Number Description Budget Budget Amount <br />101-000-3201-000 Liquor License - Bar 32,000.00 25,000.00 -7,000.00 <br />101-000-3225-000 Lodging Tax 76,315.00 38,315.00 -38,000.00 <br />101-000-3345-000 Municipal State Aid (MSA)255,000.00 272,000.00 17,000.00 <br />101-000-3346-000 Police State Aid 255,000.00 263,500.00 8,500.00 <br />101-000-3349-000 Fire State Aid 14,000.00 4,000.00 -10,000.00 <br />101-000-3360-000 Solid Waste (Anoka County)78,459.00 59,459.00 -19,000.00 <br />101-000-3422-000 Police Other Revenues 190,000.00 120,000.00 -70,000.00 <br />101-000-3510-000 Fines & Forfeits 115,500.00 80,500.00 -35,000.00 <br />101-000-3730-000 Refunds & Reimbursements 42,082.00 20,824.00 -21,258.00 <br />101-000-3900-000 General Fund Reserves 200,000.00 0.00 -200,000.00 <br />(374,758.00)$
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