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
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