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RESOLUTION NO. 8456 <br /> <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> <br /> <br /> Closing the DARE Special Revenue Fund <br /> <br /> <br /> <br />WHEREAS, the City desires to maintain accounting records that follow Generally Accepted <br />Accounting Principals (GAAP); and <br /> <br />WHEREAS, GAAP overarching principals state that no more funds then necessary should be used <br />to record accounting activity; and <br /> <br />WHEREAS, the DARE Special Revenue Fund is no longer necessary and any future activity can be <br />accounted for in the General Fund. <br /> <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that <br />the DARE Special Revenue Fund shall be closed to the General Fund and staff is authorized to make <br />the necessary transactions and budget adjustments to facilitate the fund closure. <br /> <br />Adopted this 28th day of September 2015. <br /> <br /> <br /> <br />ATTEST: <br /> <br /> __________________________ <br /> Joe Flaherty, Mayor <br /> <br />(SEAL) <br /> <br />__________________________ <br />Jim Ericson, City Administrator <br /> <br />