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• 1 5. 1. <br /> RESOLUTION NO. 4041 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> A RESOLUTION DESIGNATING A PORTION OF THE FUND BALANCE <br /> OF THE GENERAL FUND FOR REVENUE SHORTFALLS <br /> WHEREAS, the State of Minnesota is projecting a budgetary <br /> shortfall of approximately $1.2 billion for the 91 - 93 biennium; <br /> and <br /> WHEREAS, the City has experienced past reductions in State <br /> Aids when the State of Minnesota has had budgetary shortfalls; <br /> and <br /> WHEREAS, the Council wishes to maintain present services to <br /> residents in the event of a reduction in State Aids; <br /> • NOW, THEREFORE, BE IT RESOLVED by the Council that $130,000 <br /> of the fund balance of the General Fund is hereby designated for <br /> Revenue shortfalls. <br /> Adopted this 17th day of January 1991. <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> Acting Clerk-Administrator <br />