HomeMy WebLinkAbout2017-144 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 17-144
RESOLUTION ADOPTING THE 2018 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 2018 is hereby adopted:
2018 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 550 $ 400
Adult Leagues 3,600 5,025
Youth Instructional 61,250 61,230
Youth Leagues 12,000 8,800
Special Events 8,010 13,450
Senior Programs 15,200 13,100
Program Totals $100,610 $102,005
Operating Deficit 0 (1,395)
Transfer to General Fund 0 0
Recreation Fund Totals $100,610 $100,610
Adopted by the Council of the City of Lino Lakes this 11 th day of December, 2017.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Kusterman and was duly seconded by Council Member Rafferty and upon
vote being taken thereon, the following voted in favor thereof:
Kusterman, Rafferty, Maher, Manthey, Re.
The following voted against same:
none
ATTEST:
Julianne Bartell, Cit
Jeff Reinert, a . r
CITY COUNCIL
AGENDA ITEM 2A (iv)
STAFF ORIGINATOR: Sarah Cotton
MEETING DATE: December 11, 2017
TOPIC: Consider Resolution No. 17-144, Adopting the 2018 Recreation
Fund Budget
VOTE REQUIRED: 3/5
BACKGROUND
The City Council has reviewed the proposed 2018 Recreation Fund Operating Budget during their
budget work sessions. The budget being presented for approval has not changed since the work
session held December 4th. 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. Historically, the City has budgeted a transfer to the General Fund to offset a portion of
the recreation department's fixed costs. The contribution from the Recreation Special Revenue
Fund to the General Fund has ceased in the 2018 budget. The budget for 2018 estimates that a small
deficit will be realized in this fund.
RECOMMENDATION
Staff recommends the approval of Resolution No. 17-144.
ATTACHMENTS
Resolution No. 17-144, Adopting the 2018 Recreation Fund Budget