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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION 996 -03- <br />RESOLUTION AUTHORIZING 1995 FINAL BUDGET AMENDMENT FOR THE PURPOSE <br />OF AMENDING THE CITY'S GENERAL FUND BUDGET AND CERTAIN OTHER <br />BUDGETS <br />WHEREAS, during the year 1995, the Ramsey City Council acted on matters impacting revenue <br />and expenditures budgets of the City's General Fund and certain other funds for items that were not <br />included in the original budget for the year ended December 31, 1995; and <br />WHEREAS, for financial reporting purposes, amendments to the City's General Fund Budget <br />and other certain budgets are to be made in the form of a Budget Amendment Resolution; and <br />WHEREAS, the following budget amendments are required to confirm Council's actions taken <br />by motion and/or discussion and to reflect actual activity for the year ended December 31, 1995: <br />GENERAL FUND #10 1 <br />To amend revenue activities based on budget amendments made by Council action during 1995 and <br />actual moneys received over (under) budget from $3,186,676 to $3,401,176 for a total net increase of <br />$214,500: <br />Property Taxes <br />$ 15,000 <br />Licenses and Permits <br />115,000 <br />Intergovernmental Revenues <br />13,500 <br />Charges for Services <br />70,000 <br />Fines and Penalties <br />{ 9,000) <br />Interest Earned on Investments <br />( 15,000) <br />Miscellaneous Revenues <br />12,000 <br />Transfers in From Other Funds <br />13,000 <br />Net Increase in General Fund Budgeted Revenues <br />j 2L4.0 Q <br />To amend expenditure activities based on wage contract settlements, budget amendments made by <br />Council action during 1995, application of the Excess Revenue Policy and actual moneys spent over <br />(under) budget from $3,186,676 to $3,193,076 for a net increase of $6,400: <br />Personal Services $ ( 80,000) <br />Supplies ( 9,000) <br />Other Services and Charges ( 50,000) <br />Capital Outlay 17,000 <br />Debt Service ( 19,000) <br />Transfers to Other Funds: <br />Equipment Revolving Fund 17,500 <br />Public Improvement Revolving Fund 72,000 <br />Public Facilities Construction Fund 57,900 <br />Net Increase in General Fund Budgeted Expenditures 6,400 <br />15Q <br />