HomeMy WebLinkAbout2015-145 Council Resolutionu
CITY OF LINO LAKES
RESOLUTION NO. 15-145
RESOLUTION AMENDING THE 2015 GENERAL OPERATING BUDGET
WHEREAS, the City Council has adopted a general operating budget for 2015, and
WHEREAS, the City Coucil has made certain fiscal decisions through the year which have an
impact on the general operating budget, and
WHEREAS, chances in economic conditions and changes in budget forecasts have made it
necessary for the City Council to reconsider portions of the adopted general operating budget,
and
WHEREAS, it is good management and accounting practice to amend the general operating
budget to reflect such changes.
NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes,
that the general operating budget for 2015 be amended as follows:
REVENUES:
ADJUSTMENT
ACCOUNT AMOUNT
101 000 3010 000 General Property Tax $ (1,232,171)
101'000 3040 000 Fiscal Disparities 1,232,171
101 000 3201'000 Liquor Licenses 6,500
101'000 3225 000 Lodging Tax 6,150
101 000 3250 000 Building Permit Fees 39,000
101'000 3251'000 Plan Inspection Fees 5,000
101'000 3253 000 Plumbing Permit 3,500
101'000 3254 000 Heating & Air Conditioning 10,000
101 000 3255'000 Septic Plumbing Permit 3,500
101'000 3345'000 MSA 15,000
101 000 3360'000 Solid Waster - SCORE 59,000
101'000 3422'000 Police Other Revenues (10,000)
101'000 3510'000 Fines & Forfeits (10,000)
101 000 3740'000 Lease Revenues 21,000
101'000 3900'000 Use of General Fund Reserves (390,882)
EXPENDITURES:
$ (242,232)
101 401 4360'000
101 402 41xxF 000
101 402 4310 "000
101 414 4301 000
101 415 4106'000
101 415 43001'000
101 415 4900 000
101 416 4300 000
101 418 4101 000
101 418 4131'600
101 420 4321 '000
101 420 4360 000
101 421 4151"000
101 421 4310'000
101 421 4360 "000
101 421 4363 "000
101 422 4106'000
101 430 4131'000
101 431 4106 '000
101 432 4410'000
101 450 4382 000
101 461 4106 000
101 462 4106'000
101 462 4340 000
101 462 4410 '000
101 499 4910 000
101 499 4905 000
ACCOUNT
Mayor/Council Insurance
Admin Personal Services
Admin Other Consultant
Legal Municipal Attorney
Econ Devel Temporaries
Econ Devel Professional Svcs
Econ Devel Marketing
Planning & Zoning Professional Svcs
Comm Devel Salaries
Comm Devel Health Insurance
Police Telephone
Police Insurance
Fire Workers Compensation
Fire Other Consultant
Fire Insurance
Fire Auto Insurance
Building Inspections Temporaries
Streets Health Insurance
Fleet Temporaries
Government Buildings Contracted Svc
Parks Utilities
Environmental Temporaries
Solid Waste Temporaries
Sold Waste Advertising
Solid Waste Contracted Svcs
Operating Transfers
Other Contingency
ADJUSTMENT
AMOUNT
(6,500)
(80,297)
(7,500)
(7,500)
(5,000)
(10,000)
6,000
(3,950)
(16,231)
10,000
(7,000)
15,000
(30,738)
(10,000)
(10,000)
(10,000)
(3,000)
(14,000)
(25,000)
(10,000)
(21,500)
(8,166)
17,500
11,650
34,000
50,000
(100,000)
(242,232)
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
Rafferty and was duly seconded by Council Member Stoesz and upon
vote being taken thereon, the following voted in favor ther
Rafferty, Stoesz, Kusterman, Roese , Reiner
The following voted against same:
none
ATTEST:
Ju i ne Bartell, Ci Cler
Jeff Reinert, a or
CITY COUNCIL
AGENDA ITEM 2B
STAFF ORIGINATOR: Sarah Cotton
MEETING DATE: December 14, 2015
TOPIC: Consider Resolution No. 15-145, Amending the 2015 General
Operating Budget
VOTE REQUIRED: 3/5
BACKGROUND
The City Council has made a number of fiscal decisions through the year which have an impact on
the general operating budget. Additionally, economic conditions and projected changes in budget
projections have had a significant impact on the City's budget for 2015. Staff has examined the
potential budget areas that will be impacted by these factors. The impacts include increased
revenues in building activities, MSA, etc., as well as changes in expenditure areas due to
personnel changes, changes to professional and contracted services, transfers for park land loans
and other factors.
`-- Staff has prepared a listing of proposed budget adjustments for conditions that are known today
for City Council consideration.
RECOMMENDATION
Staff recommends the approval of Resolution No. 15-145.
ATTACHMENTS
Resolution No. 15-145, Amending the 2015 General Operating Budget