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Agenda Section: 8 . 4 <br /> Duos REQUEST FOR COUNCIL CONSIDERATION Report Number: 92-266C <br /> STAFF REPORT Report Date: 5/7/92 <br /> 91av Council Action: <br /> ❑ Special Order of Business <br /> CITY COUNCIL MEETING DATE MAY 11, 1992 ❑ Public Hearings <br /> fic Consent Agenda <br /> ❑ Council Business <br /> Item Description: <br /> TRANSFER OF FUNDS FROM THE GENERAL FUND TO THE PARK IMPROVEMENT FUND <br /> Administrator's Review/Recommendation: <br /> - No comments to supplement this report <br /> - Comments attached. <br /> Explanation/Summary (attach supplement sheets as necessary.) <br /> �UMMARY� <br /> While working on the 1991 financial reports I discovered that the proceeds of the <br /> Celebrate Minnesota grant which the City received in 1990 for the Silverview Park <br /> picnic shelter was receipted to the General Fund. All of the construction costs <br /> associated with the shelter were charged to the Park Improvement Fund. As a <br /> consequence of the above the Park Improvement Fund is short $4,080, the amount <br /> of the grant. To correct this situation a transfer of $4,080 should be made from the <br /> General Fund to the Park Improvement Fund. <br /> Dim-0-0-4k - . <br /> Donald Brager, Finance 4 ector <br /> RECOMMENDATION: <br /> Authorize a transfer of $4,080 from the General Fund to the Park Improvement <br /> Fund to correctly receipt the proceeds of the Celebrate Minnesota grant. <br />