HomeMy WebLinkAboutResolution 7584RESOLUTION NO. 7584
CITY OF MOUNDS VIEW
County of Ramsey
State of Minnesota
APPROVING TRANSFERS BETWEEN FUNDS FOR THE YEAR 2009
WHEREAS, the City has adopted budgets for various funds for 2009 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 2009 financial results; and
WHEREAS, some equipment in the General, 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 2009 are hereby approved up to the amounts listed in
the Actual column:
From To Budget Actual
Water Fund General Fund $59,859 $59,859
Sewer Fund General Fund 47,411 47,411
Street Light Fund General Fund 2,122 2,122
Special Projects Fund General Fund 90,000 -
Levy Reduction General Fund 249,315 249,315
Vehicle & Equipment General Fund 117,250 44,000
DARE Fund General Fund 4,393 4,393
General Fund Community Center 185,000 160,000
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 330,000 -
Vehicle & Equipment Storm Water Fund 40,000 -
Water Fund Street Improvement Fund - 90,000
Sewer Fund Street Improvement Fund - 150,000
Storm Water Fund Street Improvement Fund - 40,000
TIF District#1 EDA 111,194 25,000
TIF District #2 EDA 111,193 25,000
TIF District#3 EDA 111,193 25,000
TIF District#5 EDA 42,313 55,922
BE IT FURTHER RESOLVED that the 2009 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.
BE IT FURTHER RESOLVED that the 2009 budget for TIF District #5 is amended by
increasing transfers to the EDA Fund by $13,609.
Passed and adopted this 22"d day of February, 2010.
e F yor
ATTEST:
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Jim Ericson, City Administrator
(seal)