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<br />.. <br /> <br />'.1 <br /> <br />. <br /> <br />RESOLUTION NO. 3043 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION AMENDING 1990 GENERAL FUND BUDGET <br /> <br />WHEREAS, the 1990 Session of the Minnesota Legislature <br />implemented reductions in Local Government Aid (LGA) to cities <br />in order to balance the State budget; and <br /> <br />WHEREAS, it is estimated that the impact of this action <br />on the City of Mounds View will be a $31,159 reduction in LGA <br />revenue which was previously certified by the State and <br />included in the 1990 General Fund Budget; and <br /> <br />WHEREAS, in order to maintain a balanced 1990 General <br />Fund Budget as required by the Home Rule Charter, it is <br />necessary to reduce both revenues and expenditures. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the following <br />expenditures and revenue reductions are made to the 1990 <br />General Fund Budget. <br /> <br />Revenues - Local Government Aids <br /> <br />Account No. 100-3221 reduce by $31,159 <br /> <br />Expenditures - Finance Department, Account No. 100-4150-703 <br />reduce by $1,500 <br /> <br />City Hall, Account No. 100-4190-303 reduce by $20,000 <br /> <br />City Hall, Account No. 100-4190-480 reduce by $10,000 <br /> <br />BE IT FURTHER RESOLVED that the Total Revenues and <br />expenditures for the 1990 Budget are revised to $2,679,864. <br /> <br />Adopted this 11th day of June, 1990. <br /> <br />ATTEST: <br /> <br /> <br />(SEAL) <br />