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RESOLUTION NO. 7411 <br />CITY OF MOUNDS VIEW <br />County of Ramsey <br />State of Minnesota <br />APPROVING TRANSFERS BETWEEN FUNDS FOR THE YEAR 2008 <br />WHEREAS, the City has adopted budgets for various funds for 2008 that included inter-fund <br />transfers for various purposes; and <br />WHEREAS, it is possible to reduce the transfer to the Community Center Special Revenue <br />Fund due to positive 2008 financial results; and <br />WHEREAS, some equipment in the Storm Water and Sewer funds was not purchased; and <br />WHEREAS, some activities and projects budgeted for in the Economic Development <br />Authority Fund did not occur which eliminates the need to make the full budgeted transfers. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that <br />the following transfers for the calendar year 2008 are hereby approved up to the amounts listed in <br />the Actual column: <br />From To Budget Actual <br />Water Fund General Fund $58,115 $58,115 <br />Sewer Fund General Fund 46,030 46,030 <br />Street Light Fund General Fund 2,060 2,060 <br />Special Projects Fund General Fund 90,000 90,000 <br />Levy Reduction -permits General Fund 80,000 80,000 <br />Levy Reduction General Fund 249,000 249,000 <br />Vehicle & Equipment General Fund 117,250 117,250 <br />DARE Fund General Fund 4,393 4,393 <br />General Fund Community Center 185,000 175,000 <br />General Fund Vehicle & Equipment 175,000 175,000 <br />Water Fund Vehicle & Equipment 20,000 20,000 <br />Sewer Fund Vehicle & Equipment 36,000 36,000 <br />Storm Water Fund Vehicle & Equipment 6,000 6,000 <br />Vehicle & Equipment Sewer Fund 36,000 - <br />Vehicle & Equipment Storm Water Fund 40,000 - <br />Water Fund Street Improvement Fund - 30,000 <br />Sewer Fund Street Improvement Fund - 60,000 <br />Storm Water Fund Street Improvement Fund - 10,000 <br />TIF District #1 TIF Bonds 01A 124,100 124,100 <br />TIF District #1 EDA 111,194 45,000 <br />TIF District #2 EDA 111,193 45,000 <br />TIF District #3 EDA 111,193 45,000 <br />TIF District #5 EDA 35,781 33,592 <br />TIF District #1 TIF District #2 - 6,132 <br />TIF District #2 TIF District #1 - 40,747 <br />TIF District #3 TIF District #2 - 54,846 <br />