HomeMy WebLinkAbout2015-144 Council Resolution�-- CITY OF LINO LAKES
RESOLUTION NO. 15-144
RESOLUTION ADOPTING THE 2016 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 The City of Lino Lakes,
that the following Recreation Fund Operating Budget for the year 2016 is hereby adopted:
2016 RECREATION FUND BUDGET
REVENUES EXPENDITURES
Adult Instructional $ 5,000 $ 4,050
Adult Leagues 6,200 2,750
Youth Instructional 77,050 67,075
Youth Leagues 22,000 18,000
Special Events 7,220 10,475
Senior Programs 17,800 17,300
Program Totals $135,270 $119,650
Operating Surplus 0 5,620
Transfer to General Fund 0 10,000
Recreation Fund Totals $135,270 $135,270
Adopted by the Council of the City of Lino Lakes this 14th day of December, 2015.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Kusterman and was duly seconded by Council Member Roeser and upon
vote being taken thereon, the following voted in favor thereof:
Kusterman, Roeser, Rafferty, Stoesz,
The following voted against same:
none
ATTEST:
u i. ne Bartell, City Cler
Jeff Rein; , Vayor
CITY COUNCIL
AGENDA ITEM 2A(iv)
STAFF ORIGINATOR: Sarah Cotton
MEETING DATE: December 14, 2015
TOPIC: Consider Resolution No. 15-144, Adopting the 2016 Recreation
Fund Budget
VOTE REQUIRED: 3/5
BACKGROUND
The City Council has reviewed the proposed 2016 Recreation Fund Operating Budget during their
budget work sessions. The budget being presented for approval has not changed since the work
session held December 7`h. 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 2016
estimates that a small surplus will be realized in this fund.
RECOMMENDATION
Staff recommends the approval of Resolution No. 15-144.
ATTACHMENTS
Resolution No. 15-144, Adopting the 2016 Recreation Fund Budget