HomeMy WebLinkAboutCC RES 12-092 RESOLUTION AUTHORIZING TRANSFER, CLOSING THE FUND SPECIFIED AND EXPENDITURES AS NOTED Meeting Sheet
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Box: 31
Folder: RES 2012
Document: CC RES 12-092 RESOLUTION AUTHORIZING TRANSFER,
CLOSING THE FUND SPECIFIED AND EXPENDITURES AS NOTED
CITY OF ST ANTHONY VILLAGE
RESOLUTION NO. 12-092
A RESOLUTION AUTHORIZING TRANSFER, CLOSING THE FUND SPECIFIED
AND EXPENDITURES AS NOTED
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; and
WHEREAS, expenditure approval is required to eliminate a deficit balance in an agency
fund.
NOW THEREFORE BE IT RESOLVED,that the City Council of the City of St. Anthony
here approves the transfer or expenditures of any funds noted, but subject to closing adjustments
as needed:
FUND AMOUNT FUND
Transfers: General (101) $ 68,150 Community Center (601)
Water Filtration (704) $ 50,000 General (10 1)
Water Filtration(704) $ 50,000 Capital Equipment(401)
Liquor(705) $305,800 General (101)
Liquor(705) $ 94,200 Capital Equipment(401)
Closing: Equipment Certificate (402) $ 15,850 Capital Equipment(401)
State Aid (205) $ 28,500 2009 Street Imp (511)
State Aid(205) $ 10,400 2013 Street Imp (519)
2010 Street Imp (515) $ 21,737 2010 Street Imp Bond(514)
Expenditures: Park Improvement(501) $ 13,732 Agency Fund (800)
Adopted this 11th day of December, 2012.
Jerome O. Faust, Mayor
ATTEST: L
Barb Suciu, t4 Clerk
Reviewed for Administration:
Mark Casey, City N4anager