Agenda - Council - 02/14/2012 - Laserfiche WebLink

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #12-02-XXX RESOLUTION AUTHORIZING 2011 FINAL BUDGET AMENDMENT FOR THE PURPOSE OF AMENDING THE CITY'S GENERAL FUND BUDGET WHEREAS, during the year 2011, the Ramsey City Council acted on matters impacting revenue and expenditures budgets of the City's General fund for items that were not included in the original budget for December 31, 2011; and WHEREAS, for financial reporting purposes, amendments to the City's General Fund Budget are to be made in the form of a Budget Amendment Resolution; and WHEREAS, the following budget amendments are in addition to those previously adopted and are required to reflect actual activity for the year ended December 31, 2011; GENERAL FUND #101 To amend revenue activities based on budget amendments made by Council action during 2011 and actual moneys received over (under) budget from $9,449,400 to $9,260,365 for a total net decrease of $189,035: Taxes $ (412,240) Licenses and Permits (77,289) Intergovernmental Revenues 32,373 Changes for Services 243,592 Fines and Penalties (6,667) Miscellaneous Revenues 14,574 Interest Earnings (0) Transfers in From Other Funds 16,622 Net Decrease in General Fund Budgeted Revenues $ (189,035) To amend expenditure activities based on actual moneys spent over (under) budget for the 2011 calendar year. This amendment incorporates budget amendments made by Council action during 2011. This amendment will amend expenditure activities from $9,449,400 to $9,059,149 for a net decrease of $390,251). General Government $ (113,026) Public Safety (90,664) Public Works (14,906) Parks and Recreation (18,585) Transfers to Other Funds (153,070) Net Increase in General Fund Budgeted Expenditures $ 390,251)