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N1OUND1tSVVtEW <br />Item No. 8.D. <br />Meeting Date: February 13, 2023 <br />Type of Business: Council Business <br />Administrator Review: <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Mark Beer, Finance Director <br />Item Title/Subject: Resolution 9700 Approving Transfers between Funds for 2022 <br />Background: <br />The City Council included a number of transfers between funds as part of the 2022 budget. They <br />are listed in the attached resolution in the Budget column. Resolution 9700 formally authorizes <br />the listed transfers between funds in the Actual column for 2022. Some of the budgeted transfers <br />can be adjusted. The Council can direct staff to make additional changes if it desires. <br />Discussion: <br />The Water Enterprise Fund did not purchase a vehicle do to supply chain constraints thus the <br />transfers from the Vehicle and Equipment fund for $35,000 can be deferred to a future year. <br />Recommendation: <br />Staff is recommending approval of resolution 9700 approving transfers between funds. <br />Respectfully Submitted, <br />Mt2r�Z Peer <br />Mark Beer, Finance Director <br />