HomeMy WebLinkAboutResolution 5285
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RESOLUTION NO. 5285
APPROVING 1998 TRANSFERS AND BUDGET REVISIONS
CITY OF MOUNDS VIEW
County of Ramsey
State of Minnesota
WHEREAS, the City adopted budgets for various funds for 1998 which included interfund transfers
for various purposes; and
WHEREAS, the City has approved various activities with funding coming from previously
established reserves or undesignated reserves.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that
the following budgeted transfers for the calendar year 1998 are hereby approved:
From
Water Fund
Sewer Fund
Vehicle & Equip
Special Projects
General Fund
Water Fund
Sewer Fund
General Fund
To
General Fund
General Fund
General Fund
General Fund
Vehicle & Equipment
Vehicle & Equipment
Vehicle & Equipment
Community Center
Amount
$ 64,500
38,690
35,000
90,000
25,000
30,000
30,000
50.000
BE IT FURTHER RESOLVED that the following 1998 budget modifications are hereby
approved:
General Fund
I. City Council - professional services - Increase by $42.000 for airport litigation; funding
from General Fund contingency.
2. Central Services - capital, buildings - Increase by $270,190 for City Hall renovation; funding
sources $31,990 in reserves for capital improvements and $238,200 from undesignated
General Fund reserves.
3. Central Services - capital, equipment - Increase $43,000 for City Hall telephone system
update; funding sources $43,000 from undesignated General Fund reserves.
4.
Park & Recreation - personnel - Increase $74,700 for severance pay; funding sources
$23,350 from General Fund reserves for compensated absences and $51,350 from
undesignated General Fund reserves.
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Resolution 5285, page 2
Cable TV - capital, equipment - Increase $50,000 for cable tv equipment; funding sources $50,000
from undesignated Cable TV reserves.
City's Street Construction I State Aid Fund - Transfer $450,000 from General Fund undesignated
reserves to pay for City's share of 1980's project in which MSA share was incorrectly calculated and
to cover design costs for Spring Lake Road project.
Whereas said resolution was declared to have been duly passed and adopted this 14th day of
December, 1998.
ATTEST:
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Mayor --
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