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RESOLUTION NO. 8046
<br />
<br /> CITY OF MOUNDS VIEW
<br /> COUNTY OF Ramsey
<br /> State of Minnesota
<br />
<br />
<br /> APPROVING TRANSFERS BETWEEN FUNDS FOR 2012
<br />
<br />
<br />WHEREAS, the City has adopted budgets for various funds for 2012 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, 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 />and
<br />
<br />WHEREAS, The TIF District 5 transfer should reflect 5% of the increment collected.
<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 2012 are hereby approved up to the
<br />amounts listed in the Actual column:
<br />
<br />From To Budget Actual
<br />Water Fund General Fund $65,410 $65,410
<br />Sewer Fund General Fund 51,807 51,807
<br />Street Light Fund General Fund 2,320 2,320
<br />Storm Water General Fund 6,756 6,756
<br />Special Projects Fund General Fund 90,000 -
<br />Vehicle & Equipment General Fund 11,340 11,340
<br />General Fund Community Center 170,000 170,000
<br />General Fund Vehicle & Equipment 75,000 75,000
<br />Water Fund Vehicle & Equipment 58,000 58,000
<br />Sewer Fund Vehicle & Equipment 36,000 36,000
<br />Storm Water Fund Vehicle & Equipment 16,000 16,000
<br />Vehicle & Equipment Water Fund 289,000 289,000
<br />Water Fund Street Improvement Fund 100,000 100,000
<br />Sewer Fund Street Improvement Fund 160,000 160,000
<br />Storm Water Fund Street Improvement Fund 40,000 40,000
<br />TIF District #1 EDA 109,675 26,000
<br />TIF District #2 EDA 109,674 26,000
<br />TIF District #3 EDA 109,674 26,000
<br />TIF District #5 EDA 60,413 63,376
<br />Total $1,561,069 $1,223,009
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