HomeMy WebLinkAbout2012-125 Council Resolution•
CITY OF LINO LAKES
RESOLUTION NO. 12 -125
RESOLUTION ADOPTING THE 2013 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 2013 is hereby adopted:
2013 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 5,400 $ 5,100
Adult Leagues 26,500 17,400
Youth Instructional 75,450 69,725
Youth Leagues 59,000 53,000
Special Events 7,275 9,380
Senior Programs 24.500 24.400
Program Totals $198,125 $179,005
Operating Surplus 0 9.120
Transfer to General Fund 0 10.000
Recreation Fund Totals $198,125 $198,125
Adopted by the Council of the City of Lino Lakes this 10th day of December, 2012.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Rafferty and was duly seconded by Council Member Stoesz and upon vote being taken thereon, the following voted
in favor thereof: Council Members O'Donnell, Roeser, Rafferty, Stoesz, Mayor Reinert.
The following voted against same: None.
ATTEST:
- -Jur Bartell, City Clerk
Jeff Reinert, . yor
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CITY COUNCIL
AGENDA ITEM 2A (iv)
STAFF ORIGINATOR Al Rolek
MEETING DATE December 10, 2012
TOPIC Consideration of adopting Resolution 12 -125 adopting the
2013 Recreation Fund Operating Budgets
VOTE REQUIRED Simple Majority
BACKGROUND
The City Council has reviewed the proposed 2013 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. A transfer to the General Fund is
budgeted to offset fixed costs. The budget for 2013 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 12 -125 adopting the final 2013 Recreation Fund Operating
Budget.
RECOMMENDATION
Staff recommends adoption of Resolution 12 -125.
ATTACHMENTS
Resolution 12 -125.
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