HomeMy WebLinkAbout2018-177 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 18-177
RESOLUTION ADOPTING THE 2019 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 2019 is hereby adopted:
2019 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional
$ 640
$ 400
Youth Instructional
42,150
37,300
Youth Leagues
8,000
6,650
Special Events
10,420
13,900
Senior Programs
14,800
14,300
Program Totals
$ 76,010
$ 72,550
Operating Surplus (Deficit)
0
3,460
Transfer to General Fund
0
0
Recreation Fund Totals
76 010
76 O10
Adopted by the Council of the City of Lino Lakes this 10ffi day of December, 2018.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Manthey and was duly seconded by Council Member o and upon
vote being taken thereon, the following voted in favor thereof:
Manthey, Stoesz, Rafferty, Maher, Reine
The following voted against same:
none
Jeff Reinert, M41v
ATTEST:
u i e Bartel , City rk
CITY COUNCIL
AGENDA ITEM 2B (iv)
STAFF ORIGINATOR: Sarah Cotton
MEETING DATE: December 10, 2018
TOPIC: Consider Resolution No. 18-177, Adopting the 2019 Recreation
Fund Budget
VOTE REQUIRED: 3/5
BACKGROUND
The City Council has reviewed the proposed 2019 Recreation Fund Operating Budget during their
budget work sessions. The budget being presented for approval has not changed since the work
session held December 3rd. 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 had 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 ceased in the 2018 budget. The budget for 2019 estimates that a small
surplus will be realized in this fund.
RECOMMENDATION
Staff recommends the approval of Resolution No. 18-177.
ATTACHMENTS
Resolution No. 18-177