HomeMy WebLinkAboutCC RES 06-040 RESOLUTION AMENDING ITS 2005 OPERATING BUDGET Meeting Sheet
IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII
ioana
Box: 31
Folder: RES 2006
Document: CC RES 06-040 RESOLUTION AMENDING ITS 2005
OPERATING BUDGET
CITY OF ST ANTHONY
RESOLUTION 06-040
• A RESOLUTION AMENDING ITS 2005 OPERATING BUDGET
WHEREAS, State Law requires that the City Council to approve budget revisions to its operating
budget; and
WHEREAS, the City of St. Anthony had significant redevelopment activity in 2005 creating enhanced
permit revenues and increased costs for consultant services; and
WHEREAS, the 2005 Operating Budget for Permits and Inspections reflect the redevelopment activity;
and
WHEREAS, the e quarter liquor transfer is not needed to fund the 2005 general operating
expenditures.
NOW,THEREFORE,BE IT RESOLVED that:
1) The 2005 General Fund revenue and expenditure budgets are amended as follows:
Original 2005 Revenue Budget $3,969,000
Change: Amend Permit Revenues $ 317,600
Change: Amend Dare Revenue Budget/Transfer to General 14,500
• Total 2005 Amended Revenues $4,301,100
Original 2005 Expenditure Budget $3,969,000
Change: Amend Inspection/Consultant Services $ 317,600
Change: Amend Dare Expenditure Budget/Transfer to General $_14,500
Total 2005 Amended Expenditures $4,301,100
2) The 2005 Amended General Operating Fund Budget now totals $4,301,100
3) The 2005 Amended Forfeiture Fund Budget now totals$18,000.
3) It is not necessary to make the 4`h Quarter Liquor Transfer to balance the 2005 General
Operating Budget;those funds will remain in the Liquor Fund as retained earnings.
Adopted this-25! day of April, 2006
ATTEST: 'l Mayor
City Clerk
Review for Administration: �G -
City Manager