HomeMy WebLinkAbout2016-165 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 16-165
RESOLUTION ADOPTING THE 2017 RECREATION FUND BUDGET
WHEREAS, the Recreation Fund is a Special Revenue Fund, funded through fees generated by
recreation programming, and
WHEREAS, Special Revenue Funds are required to adopt a budget for the forthcoming year.
NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes,
that the following Recreation Fund Operating Budget for the year 2017 is hereby adopted:
2017 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 1,400 $ 1,000
Adult Leagues 6,900 4,210
Youth Instructional 69,525 69,175
Youth Leagues 23,500 12,000
Special Events 8,110 11,500
Senior Programs 17,800 18,300
Program Totals $127,235 $116,185
Operating Surplus 0 1,050
Transfer to General Fund 0 10,000
Recreation Fund Totals $127,235 $127,235
Adopted by the Council of the City of Lino Lakes this 12th day of December, 2016.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Kusterman and was duly seconded by Council Member Maher and upon
vote being taken thereon, the following voted in favor thereof:
Kusterman, Maher, Manthey, Raffert
The following voted against same:
none
ATTEST:
e Bartell, City CleNc-
Jeff R -'n: , ayor
CITY COUNCIL
AGENDA ITEM 2B(iv)
STAFF ORIGINATOR: Sarah Cotton
MEETING DATE: December 12, 2016
TOPIC: Consider Resolution No. 16-165, Adopting the 2017 Recreation
Fund Budget
VOTE REQUIRED: 3/5
BACKGROUND
The City Council has reviewed the proposed 2017 Recreation Fund Operating Budget during their
budget work sessions. The budget being presented for approval has not changed since the work
session held December 5`h. The Recreation Fund is a special revenue fund and operates from
revenues collected from recreation fees. No part of the tax levy is used to finance Recreation Fund
operations. A transfer to the General Fund is budgeted to offset fixed costs. The budget for 2017
estimates that a small surplus will be realized in this fund.
RECOMMENDATION
Staff recommends the approval of Resolution No. 16-165.
ATTACHMENTS
Resolution No. 16-165, Adopting the 2017 Recreation Fund Budget