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Mounds View City Council Regular Meeting September 27, 1982 <br />Page Three <br />--------------------------------------------------------------- <br />Motion Second: McCarty/Forslund to approve and 9. Consideration o <br />opt eso ution No. 1498 and waive the reading. the 1983 Revenu <br />5 ayes 0 nays Sharing Budget <br />Motion Carried <br />Mayor McCarty closed the regular meeting and opened 8B. Public Hearing <br />the public hearing at 7:55 PM. 1983 General <br />Finance Director Brager reviewed the proposed 1983 Fund Budget <br />general fund budget. <br />There were no comments from the audience. <br />Mayor McCarty closed the public hearing and reopened <br />the regular meeting at 8:07 PM. <br />Mayor McCarty thanked Staff for the tremendous job <br />they had done on the budget, He explained the Council <br />had decided to begin the process of building a reserve <br />for the general fund as a hedge against a loss of <br />revenue from the State in the future. <br />Motion/Second: McCarty/Doty to readjust the contin- <br />ency un 00-120-4910 down $7,994. <br />ayes 0 nays Motion Carried <br />Clerk/Administrator Pauley reported that would change <br />the general fund 180, Maintenance Garage, to $55,086, <br />and the contingency to $24,000 and the fund general <br />balance to $22,994. <br />Motioion/Second: Hodges/Blanchard to approve Reso- 10. Consideration <br />utn No. 1499 and waive the reading, as amended, of the 1983 Gen <br />5 ayes 0 nays eral Fund Budge <br />Motion Carried <br />Motion/Second: Forslund/Blanchard to approve Reso- 11. Consideration o <br />ution No. 1500 and waive the reading. the 1983 Genera <br />5 ayes 0 nays and Forestry Fu: <br />Tax Levies <br />Motion Carried <br />Motion/Second: Doty/Forslund to approve Resolution 12. Consideration o' <br />'0 . aanrwaive the reading. the 1983 Bond ai <br />5 ayes 0 nays Interest Tax LeN <br />Motion Carried <br />