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•'=f Agenda Section: 9 .C. <br /> cams REQUEST FOR COUNCIL CONSIDERATIONnil" <br /> Report Number: Z 30 3/9 3 <br /> Report Date: / <br /> N <br /> STAFF REPORT council Action: <br /> • 0 Special Order of Business <br /> CITY COUNCIL MEETING DATE FEBRUARY 8 , 1993 0 Public Hearings <br /> 0 Consent Agenda <br /> t Council Business <br /> Item Description: RESOLUTION NO. 4341 ADOPTING 1993 BUDGETS OF SPECIAL REVENUE AND <br /> CAPITAL PROJECTS FUND <br /> Administrators Review/Recommendation: ,) <br /> - No comments to supplement this report <br /> - Comments attached. <br /> Explanation/Summary (attach supplement sheets as necessary.) <br /> UMMARY; <br /> Attached please find Resolution No. 4341 A Resolution Adopting The 1993 Budgets of Various <br /> Special Revenue and Capital Projects Funds. All budgets, with the exception of the Lakeside Park <br /> Fund, are financed with user fees and do not use tax dollars. The City's contribution to the <br /> operation of Lakeside Park was included in the approved General Fund Budget but the actual <br /> operations budget was not formally approved. The following is a brief review of the above <br /> mentioned budgets. <br /> The Recreation Activity Fund accounts for City sponsored recreation programs which are paid for <br /> by user fees charged to participants of the programs. Anticipated 1993 expenses of the fund of <br /> $201,122 will be offset by estimated user fees of $212,180. An excess of revenues over expenses of <br /> $11,058 is expected. That money may be used for scholarships, :equipment purchases or other <br /> expenses of the fund. <br /> Operations of the Lakeside Park are accounted for in the Lakeside Park Fund. Sources of monies <br /> to finance operations are: 1) a contribution of $1,500 each from the City of Mounds View and the <br /> City of Spring Lake Park, and 2) use of $11,999 of the fund balance of the Lakeside Park Fund. <br /> Estimated 1993 expenses of the park are $14,999. <br /> Cable TV broadcasts of City Council meeting, public service broadcasts, and the City's <br /> contribution to the North Suburban Cable Commission are accounted for in the Cable TV Fund. <br /> The Fund's budget of $40,830 for 1993 pays for two part-time technicians and the Cable <br /> Commission. These expenses are offset by franchise fees received from Cable TV North Central. <br /> Don Brager, Finance rector-Treasurer <br /> RECOMMENDATION: <br /> Adopt Resolution No. 4341 A Resolution Adopting The 1993 Budgets of Various Special Revenue <br /> and Capital Projects Funds <br />