HomeMy WebLinkAboutResolution 6215
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RESOLUTION NO. 6215
CITY OF MOUNDS VIEW
County of Ramsey
State of Minnesota
APPROVING TRANSFERS BETWEEN FUNDS FOR THE YEAR 2003
WHEREAS, the City adopted budgets for various funds for 2003 that included
inter-fund transfers for various purposes; and
WHEREAS, the City Council previously approved Resolution 6151 providing for a
transfer from the General Fund to the Special Projects Fund of $43,745 related to the
acquisition of the Police records management system; and
WHEREAS, for a transferfrom the General Fund to the Special Projects Fund of
$800,000 will provide funding for high priority capital projects in the future; and
WHEREAS, the Community Center operated at a loss during 2003 and so needs
a larger transfer than what was originally budgeted; and
WHEREAS, there is a need to build a reserve account within the Community
Center for future major repairs; and
WHEREAS, there is a need to build the reserve account within the Vehicle and
Equipment Fund to the level determined by the fleet analysis; and
WHEREAS, the Sewer Utility Fund didn't purchase a skid-steer loader as
budgeted and so spent nothing on vehicles; and
WHEREAS, the Economic Development Authority received state grants during
2002 in reimbursement of moneys spent in 2001 on the Edgewood Regional Pond and
so doesn't need transfers from the Tax Increment Financing Districts in 2003; and
WHEREAS, the T.I.F. District #1 received higher tax payments than anticipated
and is obligated to transfer them to the Bonds of 2001A debt service fund.
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Resolution 6215
Page 2
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds
View that the following transfers for the calendar year 2003 are hereby approved in the
amounts listed in the Actual column:
__.from
Water Fund
Sewer Fund
Vehicle & Equip
Special Projects
Golf Course
General Fund
General Fund
General Fund
Water Fund
Sewer Fund
T.I.F. Dist. #1
T.I.F. Dist. #3
T.I.F. Dist. #1
T.I.F. Dist. #1
T.I.F. Dist. #2
T.I.F. Dist. #3
To
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General Fund
General Fund
General Fund
General Fund
General Fund
Community Center
Vehicle & Equipment
Special Projects
Vehicle & Equipment
Vehicle & Equipment
Economic Dev. Auth.
Economic Dev. Auth.
T.I.F. Bonds 01A
T.I.F. Bonds 968
T.I.F. Bonds 96A
T.I.F. Bonds 96A
Passed and adopted this 12th day of April, 2004.
ATTEST:
Budgeted
AmounC
$ 48,850
38,690
345,000
90,000
15,000
100,000
75,000
-0-
30,000
30,000
231,443
231,443
73,250
109,118
181,496
218,274
Actual
Amount
-0-
-0-
-0-
-0-
-0-
300,000
335,000
1,003,745
30,000
30,000
-0-
-0-
96,723
109,118
181,496
218,274
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Jerry Linke,'M'ayor
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Kurt Ulrich, City Administrator
(SEAL)