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Council Member introduced the following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 07- 211 <br />RESOLUTION ADOPTING THE 2008 RECREATION FUND BUDGET <br />WHEREAS, the Recreation Fund is a Special Revenue Fund, 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 LINO LAKES that the following <br />Recreation Fund Operating Budget for the year 2008 is hereby adopted: <br />2008 RECREATION FUND BUDGET <br />REVENUES EXPENDITURES <br />Adult Instructional $ 10,000 $ 8,400 <br />Adult Leagues 33,800 26,150 <br />Youth Instructional 77,450 75,030 <br />Youth Leagues 41,500 27,000 <br />Special Events 5.710 6.125 <br />Program Totals $168,460 $142,705 <br />Operating Surplus 0 25.755 <br />Recreation Fund Totals $168.460 $168.460 <br />Adopted by the City Council of Lino Lakes, Minnesota, this 17th day of December, 2007. <br />The motion for the adoption of the foregoing resolution was duly seconded by Council Member <br />and upon vote being taken thereon, the following voted in favor thereof: <br />The following voted against same: <br />Whereupon said resolution was declared duly passed and adopted. <br />Julianne Bartell, City Clerk <br />John Bergeson, Mayor <br />A -5 <br />-30- <br />• <br />• <br />