HomeMy WebLinkAboutRES 87-007 RESOLTUION AUTHORIZING A REDUCTION FOR THE 1986 BUDGET TRANSFER FROM THE LIQUR FUND TO THE GENERAL FUND Meeting Sheet
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102351
Box: 23
Folder: RES 1987
Document: RES 87-007 RESOLTUION AUTHORIZING A REDUCTION FOR
THE 1986 BUDGET TRANSFER FROM THE LIQUR FUND TO THE
GENERAL FUND
RESOLUTION 87-007
A RESOLUTION AUTHORIZING A REDUCTION FOR THE 1986
BUDGET TRANSFER FROM THE LIQUOR FUND TO THE GENRAL FUND
WHEREAS, revenues and expenditures of the General Fund of the
City of St. Anthony in calendar year 1986 project a positive
balance in excess of $50,000, and
WHEREAS, the projections of the Liquor Operation profits indicate
that they will be less than the amount budgeted for transfer to
the General Fund, and
WHEREAS, it is necessary to assure that adequate operating
capital remains in the Liquor Fund for its successful operation.
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NOW, THEREFORE, BE IT RESOLVED that the budgeted transfer for
1986 from the Liquor Fund to the General Fund be reduced by
$50,000, from $300 , 000 to $250,000.
Adopted this 13-th day. of Z22 a U a r Si 1987.
p�GV a Waup
Mayor
ATTEST:
City Clerk
Reviewed for administration:
City Manager
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