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2007 Annual Budget Adopted
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2007 Annual Budget Adopted
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2007 Annual Budget Adopted
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Oftwo <br />WNW <br />Council Member Carlson introduced the following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 06 -211 <br />RESOLUTION ADOPTING THE 2007 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 2007 is hereby adopted: <br />2007 RECREATION FUND BUDGET <br />REVENUES EXPENDITURES <br />Adult Instructional $ 9,500 $ 8,850 <br />Adult Leagues 38,300 29,450 <br />Youth Instructional 71,250 67,160 <br />Youth Leagues 35,000 33,000 <br />Special Events 3.850 4.245 <br />Program Totals $157,900 $142,705 <br />Operating Surplus 0 15.195 <br />Recreation Fund Totals $157.900 $157.900 <br />Adopted by the City Council of Lino Lakes, Minnesota, this 18th day of December, 2006. <br />The motion for the adoption of the foregoing resolution was duly seconded by Council Member <br />Stoltz and upon vote being taken thereon, the following voted in favor thereof: Mayor Bergeson, Council <br />Members Reinert, O'Donnell, Stoltz, Carlson <br />The following voted against same: None <br />Whereupon said resolution was declared duly passed and adopted. <br />Julianne Bartell, City Clerk <br />John Bergeson, Mayor <br />
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