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• <br />AGENDA ITEM 2A (iv) <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE December 12, 2011 <br />TOPIC Consideration of adopting Resolution 11 -126 adopting the <br />2012 Recreation Fund Operating Budgets <br />VOTE REQUIRED <br />�CKGROUND.'' <br />Simple Majority <br />The City Council has reviewed the proposed 2012 Recreation Fund Operating Budgets during <br />their budget work sessions. The budget being presented for approval has not changed since the <br />work session. The Recreation Fund is a special revenue fund and operates from revenues <br />collected from recreation fees. No part of the tax levy is used to finance Recreation Fund <br />operations. The budget for 2012 estimates that a surplus will be realized in this fund. <br />• It has been the practice of the City Council to adopt the Recreation Fund Operating budgets by <br />resolution. Staff recommendation is to adopt Resolution 11 -126 adopting the final 2012 <br />Recreation Fund Operating Budget. <br />• <br />OPTIONS <br />Adopt Resolution 11 -126. <br />2. Return to staff for further review. <br />RECOMMENDATIO <br />Option 1. <br />