HomeMy WebLinkAboutResolution 24-018 CITY OF LINO LAKES
RESOLUTION NO. 24-18
APPROVING 2023 TRANSFER TO THE ROOKERY ACTIVITY CENTER
WHEREAS, the Rookery Activity Center has a cash deficit at December 31, 2023, and
WHEREAS, after adjusting for 2023 accruals the cash deficit is roughly$439,335, and
WHEREAS, the General Fund is projected to have an estimated surplus of $850,000 for
fiscal year 2023.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes, Minnesota that a
2023 transfer from the General Fund to the Rookery Activity Center Fund be made in the
amount of the Rookery Activity Center 12/31/2023 cash balance adjusted for accruals,
not to exceed $460,000.
Adopted by the City Council of the City of Lino Lakes this 11th day of March, 2024.
Ro• erty, Mayor
ATTEST:
Jolleen Chaika, City Clerk