HomeMy WebLinkAbout2011-126 Council Resolution•
•
•
Council Member Rafferty introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 11 -126
RESOLUTION ADOPTING THE 2012 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 LINO LAKES that the following
Recreation Fund Operating Budget for the year 2012 is hereby adopted:
2012 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 3,450 $ 4,150
Adult Leagues 28,800 17,025
Youth Instructional 65,750 66,025
Youth Leagues 51,000 37,500
Special Events 6,850 9,090
Senior Programs 18,400 16,650
Program Totals $174,250 $150,440
Operating Surplus 0 23,810
Recreation Fund Totals $174.250 $174.250
Adopted by the City Council of Lino Lakes, Minnesota, this 12th day of December, 2011.
The motion for the adoption of the foregoing resolution was duly seconded by Council Member
and upon vote being taken thereon, the following voted in favor thereof: Roeser
Rafferty, Roeser, O'Donnell, Gallup, Reinert
The following voted against same:
Whereoupon said resolution was declared duly passed
u : nne Bartell, Ci Clerk
adopted.
Jeff Reinert,
•
AGENDA ITEM 2A (iv)
STAFF ORIGINATOR Al Rolek
MEETING DATE December 12, 2011
TOPIC Consideration of adopting Resolution 11 -126 adopting the
2012 Recreation Fund Operating Budgets
VOTE REQUIRED
�CKGROUND.''
Simple Majority
The City Council has reviewed the proposed 2012 Recreation Fund Operating Budgets during
their budget work sessions. 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 2012 estimates that a surplus 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 11 -126 adopting the final 2012
Recreation Fund Operating Budget.
•
OPTIONS
Adopt Resolution 11 -126.
2. Return to staff for further review.
RECOMMENDATIO
Option 1.