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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 4041 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />A RESOLUTION DESIGNATING A PORTION OF THE FUND BALANCE <br />OF THE GENERAL FUND FOR REVENUE SHORTFALLS <br /> <br />WHEREAS, the State of Minnesota is projecting a budgetary <br />shortfall of approximately $1.2 billion for the 91 - 93 biennium; <br />and <br /> <br />WHEREAS, the City has experienced past reductions in State <br />Aids when the State of Minnesota has had budgetary shortfalls; <br />and <br /> <br />WHEREAS, the Council wishes to maintain present services to <br />residents in the event of a reduction in State Aids; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Council that $130,000 <br />of the fund balance of the General Fund is hereby designated for <br />Revenue shortfalls. <br /> <br />Adopted this 17th day of January 1991. <br /> <br />ATTEST: <br /> <br /> <br />(SEAL) <br /> <br />AC~~trator <br /> <br />... <br />