Agenda Packets - 2014/01/27 - Laserfiche WebLink

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� r! WHEREAS, the City has adopted budgets for various funds for 2013 that included inter -fund transfers for various purposes; and WHEREAS, it is possible to adjust some of the transfers from the originally budgeted amounts; and WHEREAS, some equipment in the General fund was not purchased; and WHEREAS, revenue in the Community Center Fund was higher than expected; and WHEREAS, some activities budgeted for in the Economic Development Authority Fund did not occur which eliminates the need to make the full budgeted transfers; and WHEREAS, The TIF District 5 transfer should reflect 5% of the increment collected. NOW THEREFORE, DE IT RESOLVED by the City Council of the City of Mounds View that the following transfers for the calendar year 2013 are hereby approved up to the amounts listed in the Actual column: From Sewer Fund Street Light Fund Storm Water Special Projects Fund Vehicle & Equipment General Fund General Fund Water Fund Sewer Fund Storm Water Fund Water Fund Sewer Fund Stone Water Fund TIF District #1 TIF District#2 TIF District#3 TIF District#5 Total General Fund General Fund General Fund General Fund General Fund Community Center Vehicle & Equipment Vehicle & Equipment Vehicle & Equipment Vehicle & Equipment Street Improvement Fund Street Improvement Fund Street Improvement Fund EDA EDA EDA EDA $67,372 $67,372 53,361 53,361 2,390 2,390 6,959 6,959 45,000 - 23,736 23,736 170,000 145,000 90,000 90,000 58,000 58,000 36,000 36,000 16,000 16,000 100,000 100,000 160,000 160,000 40,000 40,000 107,501 25,000 107,500 25,000 107,500 25,000 66,339 69,505 $1,257,658 $943,323