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12/15/2008 Council Packet
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12/15/2008 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/15/2008
Council Meeting Type
Regular
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• <br />• <br />• <br />AGENDA ITEM 2E <br />STAFF ORIGINATOR: Al Rolek <br />MEETING DATE: December 15, 2008 <br />TOPIC: Consideration Resolution No. 08 -151 amending the 2008 <br />General Operating Budget for the City of Lino Lakes <br />VOTE REQUIRED: Simple Majority <br />BACKGROUND <br />During the year, the City Council receives certain revenues and approves certain <br />expenditures that were not included in the adopted general operating budget. In addition, <br />practical procedures may be changed from time to time to reflect business practices. <br />It is standard management and accounting practice to amend the general operating budget <br />to reflect such budgetary changes. Staff has from time to time in the past brought such <br />amendments before the City Council for formal action. <br />Staff recommends that the City Council approve Resolution No. 08 -151 amending the 2008 <br />General Operating Budget. <br />OPTIONS <br />1. Adopt Resolution No. 08 -151 amending the 2008 General Operating Budget. <br />2. Refer back to staff for further review. <br />RECOMMENDATION <br />Option 1 <br />
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