HomeMy WebLinkAboutResolution 7738 RESOLUTION NO. 7738
CITY OF MOUNDS VIEW
County of Ramsey
State of Minnesota
APPROVING TRANSFERS BETWEEN FUNDS FOR THE YEAR 2010
WHEREAS, the City has adopted budgets for various funds for 2010 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 2010 financial results; and
WHEREAS, some equipment in the General, Storm Water and Sewerfunds 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 2010 are hereby approved up to the
amounts listed in the Actual column:
From To Budget Actual
Water Fund General Fund $61,655 $61,655
Sewer Fund General Fund 48,833 48,833
Street Light Fund General Fund 2,186 2,186
Special Projects Fund General Fund 90,000
Levy Reduction General Fund 250,000 250,000
Vehicle Equipment General Fund 65,600 13,319
DARE Fund General Fund 4,393 4,393
General Fund Community Center 175,000 170,000
General Fund Vehicle Equipment 50,000 50,000
Water Fund Vehicle Equipment 20,000 20,000
Sewer Fund Vehicle Equipment 36,000 36,000
Storm Water Fund Vehicle Equipment 16,000 16,000
Vehicle Equipment Sewer Fund 330,000
Vehicle Equipment Storm Water Fund 40,000
Water Fund Street Improvement Fund 100,000 100,000
Sewer Fund Street Improvement Fund 160,000 160,000
Storm Water Fund Street Improvement Fund 40,000 40,000
TIF District #1 EDA 109,398 25,000
TIF District #2 EDA 109,397 25,000
TIF District #3 EDA 109,397 25,000
TIF District #5 EDA 56,997 53,670
Page 2, Resolution 7738
Passed and adopted this 14 day of February, 2011.
e FI or
ATTEST:
j CVYtiAAO
James Ericson, City Administrator
(seal)