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HomeMy WebLinkAboutResolution 8046 RESOLUTION NO. 8046 CITY OF MOUNDS VIEW COUNTY OF Ramsey State of Minnesota APPROVING TRANSFERS BETWEEN FUNDS FOR 2012 WHEREAS, the City has adopted budgets for various funds for 2012 that included inter-fund transfers for various purposes; and WHEREAS, it is possible to adjust some of the transfers from the originally budgeted amounts; and WHEREAS, some equipment in the General fund 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; and WHEREAS,The TIF District 5 transfer should reflect 5%of the increment collected. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View that the following transfers for the calendar year 2012 are hereby approved up to the amounts listed in the Actual column: From To Budget Actual Water Fund General Fund $65,410 $65,410 Sewer Fund General Fund 51,807 51,807 Street Light Fund General Fund 2,320 2,320 Storm Water General Fund 6,756 6,756 Special Projects Fund General Fund 90,000 - Vehicle& Equipment General Fund 11,340 11,340 General Fund Community Center 170,000 170,000 General Fund Vehicle& Equipment 75,000 75,000 Water Fund Vehicle& Equipment 58,000 58,000 Sewer Fund Vehicle& Equipment 36,000 36,000 Storm Water Fund Vehicle& Equipment 16,000 16,000 Vehicle& Equipment Water Fund 289,000 289,000 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 109,675 26,000 TIF District#2 EDA 109,674 26,000 TIF District#3 EDA 109,674 26,000 TIF District#5 EDA 60,413 63,376 Total $1,561,069 $1,223,009 Page 2, Resolution 8046 Passed and adopted this 14th day of January, 2013. J.- Flah - , ATTEST: Jim Ericson, City Administrator (seal)