HomeMy WebLinkAboutResolution 8901RESOLUTION NO. 8901
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
APPROVING TRANSFERS BETWEEN FUNDS FOR 2017
WHEREAS, the City has adopted budgets for various funds for 2017, the budgets
include inter -fund transfers for various purposes; and
WHEREAS, it is possible to adjust some of the transfers from the originally
budgeted amounts; and
WHEREAS, the General fund saw favorable operating results providing an
opportunity to restore some of the fund balance in the Special Projects Fund, Vehicle and
Equipment Fund, and the Community Center Fund; and
WHEREAS, the Water Enterprise fund has experienced significant activity over
the past five years to catch up on deferred maintenance, discontinuing on a temporary
basis outgoing transfers will allow the fund to rebuild cash reserves.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds
View that the following transfers for the calendar year 2017 are hereby approved up to
the amounts listed in the Actual column:
Page 2, Resolution 8901
Sewer Fund
Street Light Fund
Storm Water
Vehicle & Equipment
General Fund
General Fund
General Fund
General Fund
Water Fund
Sewer Fund
Storm Water Fund
Vehicle & Equipment
TIF District#5
Total
To
General Fund
General Fund
General Fund
General Fund
Community Center
Special Projects
EDA
Vehicle & Equipment
Vehicle & Equipment
Vehicle & Equipment
Vehicle & Equipment
Water Fund
EDA
Passed and adopted this 12th day of February, 2018.
ATi"ZEST:
(Neal)
Actual
60,058 60,058
2,690
2,690
7,832
7,832
21,600
21,600
175,000
190,000
75,000
275,000
50,000
50,000
175,000
250,000
64,000
-
38,000
38,000
32,000
32,000
35,000
35,000
79,498
79,498
$891506
$1,041,678
Carol A. Mueller, Mayor
Administrator