HomeMy WebLinkAbout2008-148 Council ResolutionCouncil Member Re4Inert introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 08 -148
RESOLUTION ADOPTING THE 2009 RECREATION FUND BUDGET
WHEREAS, the Recreation Fund is a Special Revenue Fund, 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 LINO LAKES that the
following Recreation Fund Operating Budget for the year 2009 is hereby adopted:
2009 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 10,000 $ 8,800
Adult Leagues 36,720 25,875
Youth Instructional 70,900 87,800
Youth Leagues 37,000 29,000
Special Events 3,530 5,060
Program Totals $158,150 $156,535
Operating Surplus 0 1,615
Recreation Fund Totals $158,150 $158.150
Adopted by the City Council of Lino Lakes, Minnesota, this 15th day of December, 2008.
The motion for the adoption of the foregoing resolution was duly seconded by Council Member 0' Donnell
and upon vote being taken thereon, the following voted in favor thereof:
Re!nert, O'Donnell, Gallup, Stoltz, Bergeson
The following voted against same:
none
Whereupon said resolution was declared duly passed and adopted.
Bartell, City CI. rk
n Bergeson, Mayor
AGENDA ITEM 2D
• STAFF ORIGINATOR Al Rolek
MEETING DATE December 15, 2008
TOPIC Consideration of adopting Resolution 08 -148 adopting the
2009 Recreation Fund Operating Budgets
VOTE REQUIRED
Simple Majority
The City Council reviewed the proposed 2009 Recreation Fund Operating Budgets at their Budget
work session held August 18, 2008. The budget being presented for approval has not changed
since the work session. 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. The budget for 2009 estimates that a surplus of $1,615 will be realized in this
fund.
It has been the practice of the City Council to adopt the Recreation Fund Operating budgets by
resolution. Staff recommendation is to adopt Resolution 08 -148 adopting the final 2009
Recreation Fund Operating Budget.
1. Adopt Resolution 08 -148.
2. Return to staff for further review.
3. Deny Resolution 08 -148.
Option 1.