HomeMy WebLinkAbout2001-033 Council Resolution•
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Council member ( 2Jt,F4e )-.) introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 2001 -33
RESOLUTION ADOPTING THE 2001 RECREATION FUND BUDGET
WHEREAS, the Recreation Fund is a Special Revenue Fund, and
WHEREAS, all 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 2001 is hereby adopted:
2001 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 10,000 $ 8,150
Adult Leagues 54,620 47,155
Youth Instructional 95,765 96,580
Youth Leagues 36,500 34,370
Special Events 2,600 4,450
$199,485 $190,705
Program Totals
Operating Surplus
Recreation Fund Totals
0 8,780
$199,485 $199,485
Adopted by the City Council of Lino Lakes, Minnesota, this 12th day of March, 2001.
John rgeslh, Ma r
Ry -Cry - I Gaustad, CMC City Clerk /)
The motion for the adoption of the foregoing resolution was duly seconded by Council Member S C PL-t4-
and upon vote being taken thereon, the following voted in favor thereof: Lea
The following voted against same: (i
Where upon said resolution was declared duly passed and adopted.
A -5
AGENDA ITEM 3B
STAFF ORIGINATOR Al Rolek
MEETING DATE March 12, 2001
TOPIC Consideration of adopting Resolution adopting the
2001 Recreation Fund Operating Budgets
VOTE REQUIRED
BACKGROUND
Simple Majority
The City Council reviewed the proposed 2001 Recreation Fund Operating Budgets at their Budget
work session held August 31, 2000. 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 2001 estimates that a small surplus of $8,780 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 2001 -33 adopting the final 2001
Recreation Fund Operating Budget.
OPTIONS
1. Adopt Resolution 2001 -33 adopting the final 2001 Recreation Fund Operating Budgets.
2. Return to staff for further review.
3. Deny Resolution 2001 -33.
RECOMMENDATION
Option 1.