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RESOLUTION NO. 9548 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />APPROVING TRANSFERS BETWEEN FUNDS FOR 2021 <br />WHEREAS, the City has adopted budgets for various funds for 2021, the budgets include inter - <br />fund transfers for various purposes; and <br />WHEREAS, it is possible to adjust some of the transfers from the originally budgeted amounts; <br />and <br />WHEREAS, the General Fund saw favorable operating results due to no cuts in Local <br />Government Aid (LGA) and the receipt of an American Rescue Plan Act (ARPA) grant. This will allow an <br />increase to the transfer to the Special Projects Fund for future projects and reduce the underfunded <br />balance in the Vehicle and Equipment Fund. Transfers to the General Fund and the Water fund from the <br />Vehicle & Equipment fund can be reduced or eliminated. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the <br />following transfers for the calendar year 2021 are hereby approved up to the amounts listed in the Actual <br />column: <br />From <br />Water Fund <br />Sewer Fund <br />Street Light Fund <br />Storm Water <br />Vehicle & Equipment <br />General Fund <br />General Fund <br />General Fund <br />General Fund <br />Water Fund <br />Sewer Fund <br />Storm Water Fund <br />Vehicle & Equipment <br />TIF District #5 <br />TIF District #6 <br />Total <br />To <br />General Fund <br />General Fund <br />General Fund <br />General Fund <br />General Fund <br />Community Center <br />Special Projects <br />EDA <br />Vehicle & Equipment <br />Vehicle & Equipment <br />Vehicle & Equipment <br />Vehicle & Equipment <br />Water Fund <br />EDA <br />EDA <br />Budget <br />Actual <br />$85,345 <br />$85,345 <br />85,345 <br />85,345 <br />3,028 <br />3,028 <br />8,815 <br />8,815 <br />25,000 <br />- <br />350,000 <br />350,000 <br />75,000 <br />725,000 <br />50,000 <br />50,000 <br />299,000 <br />400,000 <br />70,000 <br />70,000 <br />55,000 <br />55,000 <br />33,000 <br />33,000 <br />160,000 <br />125,000 <br />89,690 <br />89,690 <br />6,989 <br />6,989 <br />$1,396,212 <br />$2,087,212 <br />Passed and adopted this 14th day of February, 2022. <br />Carol A. Mueller, M yor <br />ATTEST: <br />Nyle Zi un City Administrator <br />(ses,l) <br />