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RESOLUTION NO. 3043
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION AMENDING 1990 GENERAL FUND BUDGET
WHEREAS, the 1990 Session of the Minnesota Legislature
implemented reductions in Local Government Aid (LGA) to cities
in order to balance the State budget; and
WHEREAS, it is estimated that the impact of this action
on the City of Mounds View will be a $31,159 reduction in LGA
revenue which was previously certified by the State and
included in the 1990 General Fund Budget; and
WHEREAS, in order to maintain a balanced 1990 General
Fund Budget as required by the Home Rule Charter, it is
necessary to reduce both revenues and expenditures.
NOW, THEREFORE, BE IT RESOLVED that the following
expenditures and revenue reductions are made to the 1990
General Fund Budget.
Revenues - Local Government Aids
Account No. 100-3221 reduce by $31,159
Expenditures - Finance Department, Account No. 100-4150-703
reduce by $1,500
City Hall, Account No. 100-4190-303 reduce by $20,000
City Hall, Account No. 100-4190-480 reduce by $10,000
BE IT FURTHER RESOLVED that the Total Revenues and
expenditures for the 1990 Budget are revised to $2,679,864.
Adopted this 11th day of June, 1990.
ATTEST:
(SEAL)