HomeMy WebLinkAboutRES 25-019 ESTABLISHING A SPECIAL REVENUE FUNDCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 25-019
A RESOLUTION ESTABLISHING A SPECIAL REVENUE FUND
WHEREAS, The City of St. Anthony recognizes the need to efficiently manage certain revenues
designated for specific purposes, and;
WHEREAS, the establishment of a special revenue fund will enhance the accountability and
transparency of these funds; and
WHEREAS, the revenues from transfer from general fund tax revenue, federal, state and local grants,
federal funds, charges for services to partner cities and any other sources designated by
the City of St. Anthony, will provide funding for providing policing services to the City
of St. Anthony and its partner cities;
NOW, THEREFORE, BE IT RESOLVED by the City Council of St. Anthony Village that the council
approvesthe
1. Establishment of Special Revenue Fund
The City of St. Anthony hereby establishes a special revenue fund titled St. Anthony Police Fund
for the purpose of accounting for revenues and expenses related to providing policing services.
2. Funding Sources
The fund will receive revenues from transfer from general fund tax revenue, federal, state and
local grants, federal funds, charges for services to partner cities and any other sources designated
by the City of St. Anthony.
Use of Funds
Monies in the special revenue fund shall be used solely for accounting for policing services and
shall be subject to all applicable laws and regulations.
4. Administration
The finance department shall be responsible for the administration of the special revenue fund,
including the tracking of revenues and expenditures, ensuring compliance with all legal and
regulatory requirements.
5. Reporting
The finance department shall provide regular reports to the City of St. Anthony regarding the
financial status of the special revenue fund, including revenues received and expenditures made.
6. Effective Date
This resolution shall take effect immediately upon its passage and adoption retroactive to
l/l/2025.
Adopted this 25' day of February, 2025.
ATTEST:
City Clerk
Reviewed for administration:
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Wendy Webster, Mayor
Ch ' e Yunker, City Manager