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RESOLUTION NO. 8367 <br /> <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF Ramsey <br /> State of Minnesota <br /> <br /> <br /> APPROVING TRANSFERS BETWEEN FUNDS FOR 2014 <br /> <br />WHEREAS, the City has adopted budgets for various funds for 2014 that included <br />inter-fund transfers for various purposes; and <br /> <br />WHEREAS, it is possible to adjust some of the transfers from the originally <br />budgeted amounts; and <br /> <br />WHEREAS, some equipment in the General fund was not purchased; and <br /> <br />WHEREAS, the General fund saw favorable operating results providing an <br />opportunity to restore some of the fund balance in the Special Projects Fund; and <br /> <br />WHEREAS, results in the Community Center Fund were better than expected; and <br /> <br />WHEREAS, some activities budgeted for in the Economic Development Authority <br />Fund did not occur which eliminates the need to make the full budgeted transfers; and <br /> <br />WHEREAS, TIF District 5 transfer should reflect 5% of the increment collected; and <br /> <br />WHEREAS, the Debt service fund will make a final payment leaving a balance that <br />can be transferred to the Special Projects Fund. <br /> <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds <br />View that the following transfers for the calendar year 2014 are hereby approved up to the <br />amounts listed in the Actual column and the General, TIF Districts 1, 2, and 5, Special <br />Projects, and Debt Service Fund budgets are amended for the additional transfer amounts: <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />