HomeMy WebLinkAbout2013-133 Council Resolutioni
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CITY OF LINO LAKES
RESOLUTION NO. 13 -133
RESOLUTION ADOPTING THE 2014 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 2014 is hereby adopted:
2014 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 5,400 $ 5,100
Adult Leagues 14,850 13,125
Youth Instructional 76,700 66,575
Youth Leagues 23,000 20,500
Special Events 7,800 10,380
Senior Programs 22,000 21,900
Program Totals $149,750 $137,580
Operating Surplus 0 2,170
Transfer to General Fund 0 10,000
Recreation Fund Totals $149,750 $149,750
Adopted by the Council of the City of Lino Lakes this 9th day of December, 2013.
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:
Rafferty, Stoesz, Roeser, O'Donell, Rei
The following voted against same:.
none
ATTEST:
1 e Bartell, City 1 lerk
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Ate.
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Jeff Rein
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CITY COUNCIL
AGENDA ITEM 2A (iv)
STAFF ORIGINATOR Al Rolek
MEETING DATE December 9, 2013
TOPIC Consideration of adopting Resolution 13 -133 adopting the
2014 Recreation Fund Operating Budgets
VOTE REQUIRED Simple Majority
BACKGROUND
The City Council has reviewed the proposed 2014 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 2014 estimates that a small
surplus will be realized in this fund.
RECOMMENDATION
Staff recommends adoption of Resolution 13 -133 adopting the final 2014 Recreation Fund
Operating Budget.
ATTACHMENTS
Resolution 13 -133.
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