HomeMy WebLinkAboutResolution 7411RESOLUTION NO. 7411
CITY OF MOUNDS VIEW
County of Ramsey
State of Minnesota
APPROVING TRANSFERS BETWEEN FUNDS FOR THE YEAR 2008
WHEREAS, the City has adopted budgets for various funds for 2008 that included inter-fund
transfers for various purposes; and
WHEREAS, it is possible to reduce the transfer to the Community Center Special Revenue
Fund due to positive 2008 financial results; and
WHEREAS, some equipment in the Storm Water and Sewer funds was not purchased; and
WHEREAS, some activities and projects budgeted for in the Economic Development
Authority Fund did not occur which eliminates the need to make the full budgeted transfers.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that
the following transfers for the calendar year 2008 are hereby approved up to the amounts listed in
the Actual column:
From To Budget Actual
Water Fund General Fund $58,115 $58,115
Sewer Fund General Fund 46,030 46,030
Street Light Fund General Fund 2,060 2,060
Special Projects Fund General Fund 90,000 90,000
Levy Reduction -permits General Fund 80,000 80,000
Levy Reduction General Fund 249,000 249,000
Vehicle & Equipment General Fund 117,250 117,250
DARE Fund General Fund 4,393 4,393
General Fund Community Center 185,000 175,000
General Fund Vehicle & Equipment 175,000 175,000
Water Fund Vehicle & Equipment 20,000 20,000
Sewer Fund Vehicle & Equipment 36,000 36,000
Storm Water Fund Vehicle & Equipment 6,000 6,000
Vehicle & Equipment Sewer Fund 36,000 -
Vehicle & Equipment Storm Water Fund 40,000 -
Water Fund Street Improvement Fund - 30,000
Sewer Fund Street Improvement Fund - 60,000
Storm Water Fund Street Improvement Fund - 10,000
TIF District #1 TIF Bonds 01A 124,100 124,100
TIF District #1 EDA 111,194 45,000
TIF District #2 EDA 111,193 45,000
TIF District #3 EDA 111,193 45,000
TIF District #5 EDA 35,781 33,592
TIF District #1 TIF District #2 - 6,132
TIF District #2 TIF District #1 - 40,747
TIF District #3 TIF District #2 - 54,846
BE IT FURTHER RESOLVED that the 2008 budgets for the Water Fund, Sewer Fund, and
Storm Water Fund, be amended by reducing account 7050 in each fund and increasing transfers to
the Street Improvement Fund by the respective amounts listed above.
Passed and adopted this 23rd day of February, 2009.
ATTEST:
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James Ericson, City Administrator
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