HomeMy WebLinkAboutResolution 8203 RESOLUTION NO. 8203
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
APPROVING TRANSFERS BETWEEN FUNDS FOR 2013
WHEREAS, the City has adopted budgets for various funds for 2013 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, revenue in the Community Center Fund was higher than expected; and
WHEREAS, some activities 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 2013 are hereby approved up to the
amounts listed in the Actual column:
From To Budget Actual
Water Fund General Fund $67,372 $67,372
Sewer Fund General Fund 53,361 53,361
Street Light Fund General Fund 2,390 2,390
Storm Water General Fund 6,959 6,959
Special Projects Fund General Fund 45,000 -
Vehicle& Equipment General Fund 23,736 23,736
General Fund Community Center 170,000 145,000
General Fund Vehicle& Equipment 90,000 90,000
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
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 107,501 25,000
TIF District#2 EDA 107,500 25,000
TIF District#3 EDA 107,500 25,000
TIF District#5 EDA 66,339 69,505
Total $1,257,658 $943,323
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Page 2, Resolution 8203
Passed and adopted this 27th day of January, 2014.
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• •e Fla e , V ayor
ATTEST:
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Jim Ericson, City Administrator
(seal)