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AGENDA ITEM 3B <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE March 12, 2001 <br />TOPIC Consideration of adopting Resolution adopting the <br />2001 Recreation Fund Operating Budgets <br />VOTE REQUIRED <br />BACKGROUND <br />Simple Majority <br />The City Council reviewed the proposed 2001 Recreation Fund Operating Budgets at their Budget <br />work session held August 31, 2000. The budget being presented for approval has not changed <br />since the work session. The Recreation Fund is a special revenue fund and operates from <br />revenues collected from recreation fees. No part of the tax levy is used to finance Recreation <br />Fund operations. The budget for 2001 estimates that a small surplus of $8,780 will be realized in <br />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 2001 -33 adopting the final 2001 <br />Recreation Fund Operating Budget. <br />OPTIONS <br />1. Adopt Resolution 2001 -33 adopting the final 2001 Recreation Fund Operating Budgets. <br />2. Return to staff for further review. <br />3. Deny Resolution 2001 -33. <br />RECOMMENDATION <br />Option 1. <br />