HomeMy WebLinkAboutResolution 9075RESOLUTION NO. 9075
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
APPROVING TRANSFERS BETWEEN FUNDS FOR 2018
WHEREAS, the City has adopted budgets for various funds for 2018, 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 and the
Vehicle and Equipment Fund by increasing the transfers to those funds and at the same
time eliminating the transfer from the Vehicle and Equipment Fund to the General Fund.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds
View that the following transfers for the calendar year 2018 are hereby approved up to
the amounts listed in the Actual column:
From
To
Budget
Actual
Water Fund
General Fund
$78,103
$ 78,103
Sewer Fund
General Fund
61,860
61,860
Street Light Fund
General Fund
2,771
2,771
Storm Water
General Fund
8,067
8,067
Vehicle & Equipment
General Fund
22,000
-
General Fund
Community Center
190,000
190,000
General Fund
Special Projects
75,000
100,000
General Fund
EDA
50,000
50,000
General Fund
Vehicle & Equipment
250,000
300,000
-_--_ Water Fund
Vehicle & Equipment
_ 66 000
66000--
6 000__Sewer
SewerFund
Vehicle & Equipment
48,000
48,000
Storm Water Fund
Vehicle & Equipment
32,000
32,000
Special Projects Fund
GO CIP Bonds 2017A
126,284
126,284
TIF District#5
EDA
83,543
83,543
Total
$1,093,628
$1,146,628
Passed and adopted this 11th day of February, 2019.
A�Tt` ST: I '
(SEAL)
Carol A. Mueller,