HomeMy WebLinkAboutRES 15-071 Authorizing Transfers and Closing of Specified FundsCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 15 -071
A RESOLUTION AUTHORIZING TRANSFERS AND CLOSING OF SPECIFIED FUNDS
WHEREAS, each year staff budgets certain operating and debt service transfers between
funds; and
WHEREAS, each year, staff evaluates existing funds and identifies those funds in which all
activity has concluded and obligations have been satisfied; and
WHEREAS, Capital Projects should be closed when all activity has concluded; any residual
money and all assets should be transferred to the associated debt service fund or
a capital project fund reserved for public projects and if a deficit exist, funding
must be provided.
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of St. Anthony here
approves the transfer of any funds noted, but subject to closing adjustments as needed:
From Fund
Capital and Operating Transfers:
General Annual Rent (101)
General Fund (101)
General Fund (101)
Rewlving Improvement Fund (509)
Rewlving Improvement Fund (509)
Revoking Improvement Fund (509)
Community Center (601)
Utility Fund (701)
Water Filtration (704)
Water Filtration (704)
Water Filtration (704)
Liquor (705)
Liquor (705)
Liquor (705)
Debt Service Transfers:
Walmart T1F Improvement (330)
Walmart TIF Improvement (330)
Stonnwater Improvement Fund (702)
Rewlving Improvement Fund (509)
Closing Transfers:
General Fund (101)
MSA Bond Fund (207)
HRA Projects Fund (319)
2013 Street Improvement Fund (519)
Revolving Improvement Fund (509)
Amount To Fund
$78,650
Community Center (601)
$86,300
Severance Fund (901)
$82,239
HR4 Fund (301)
$90,000
Capital Equipment (401)
$77,211
General Fund (101)
$100,000
2014 Street Improvement Fund (521)
$25,000
Building Improvement (510)
$15,000
Capital Equipment (401)
$50,000
General (101)
$50,000
Capital Equipment (401)
$70,564
Building Improvement (510)
$67,849
General (101)
$108,200
Capital Equipment (401)
$73,000
Building Improvement (510)
$373,200
2006 TIF Revenue Bond (335)
$214,000
2007 TIF Revenue Bond (336)
$25,000
2008 Debt Service (365)
$7,500
Road Imp. Debt Service Fund (503)
$121,354
HRA Projects Fund (319)
$5,104
Road Imp. Debt Service Fund (503)
$70,000
HRA Fund (301)
$189,000
2013 Street Improvement Bond Fund (520)
$195,000
Salo Park Improvement Fund (350)
Adopted this 8th day of December, 2015.
c
Jerome O. Faust, Mayor
ATTEST:
Nic le Miller, Citq Clerk
Reviewed for Administration: N-1 � "/
Mark Casey, Oy Manager