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CITY OF ST ANTHONY <br /> • RESOLUTION No. 09-058 <br /> A RESOLUTION SETTING THE CITY OF ST.ANTHONY <br /> 2009 "REVISED"BUDGET AND AUTHORIZION OF THE LIQUOR FUND TRANSFER <br /> WHEREAS, State Law and Government Accounting Standards requires the City Council of the City of St. <br /> Anthony to approve any changes to its Operating Budgets;and <br /> WHEREAS, in 2009, it is anticipated the State of Minnesota will reduce the City's Market Value Credit by <br /> $133,200; and <br /> WHEREAS, the City Council directed Staff to balance the reduction by cutting or deferring the General <br /> Operating and Capital Equipment expenditures by$135,000; and <br /> WHEREAS, the City Council and Staff discussed key issues and budgeting revisions at their February 4th, <br /> March 3 P%May 4t'and June 1 st,2009, work sessions; <br /> WHEREAS, the information needed for the City Council to determine the "Revised 2009 General Operating <br /> and Capital Equipment Budgets"has been completed; <br /> NOW, THEREFORE, BE IT RESOLVED that: <br /> • 1) The Original 2009 General Operating Budget totaled$5,277,400. <br /> 2) The Original 2009 General Operating Expenditure Budget is reduced by$52,700 <br /> 3) The Original 2009 Liquor Transfer of$200,000 to the General Fund is increased by$82,300 <br /> 4) The"Revised 2009 General Operating Budget"now totals$5,224,700. <br /> (See Attached Detail) <br /> BE IT FURTHER RESOLVED that: <br /> 1) The Original 2009 Capital Equipment Budget totaled$400,000. <br /> 2) The Original 2009 Capital Equipment Budget is hereby reduced by$82,300. <br /> 3) The Original 2009 Liquor Transfer of$200,000 to the Capital Equipment Fund <br /> is reduced by$82,300. <br /> 4) The"Revised 2009 Capital Operating Budget"now totals $317,700. <br /> (See Attached Detail) <br /> Adopted this 9th day of June, 2009 <br /> 'Mhyor <br /> ATTEST: � � L�- <br /> City Clerk <br /> • Review for Administration: Ad J. 4== <br /> City M. ar#ger <br />