Laserfiche WebLink
Chairperson McGlone introduced the following resolution and moved for its adoption: <br />RESOLUTION #HRA -12 -02 -002 <br />RESOLUTION AMENDING THE 2011 HOUSING AND REDEVELOPMENT <br />AUTHORITY OPERATING BUDGET <br />WHEREAS, during the year 2011, the Ramsey HRA acted on matters impacting revenue <br />and expenditures budget of the Housing and Redevelopment Authority for items that were not <br />included in the original budget for the year ended December 31, 2011; and <br />WHEREAS, for financial reporting purposes, amendments to the Housing and <br />Redevelopment Authority budget is to be made in the form of a Budget Amendment Resolution; <br />and <br />WHEREAS, the following budget amendments are required to confirm the HRA's <br />actions taken by motion and/or discussion and to reflect actual activity for the year ended <br />December 31, 2011: <br />To amend revenue activities based on budget amendments made by HRA action during <br />2011 and actual moneys received over (under) budget from $371,049 to $519,625 a total <br />net increase of $148,576. <br />Taxes (22,121) <br />Miscellaneous Revenue (Net TOTI) 34,395 <br />Transfers In (TIF non - interest) 136,302 <br />Net Increase. Budgeted Revenues $148,576 <br />To amend expenditure activities based on budget amendments made by HRA action <br />during 2011 and actual moneys spent over (under) budget from $647,926 to $755,251 for <br />a net increase of $107,325. <br />Personal Service $ (6,811) <br />Supplies 6,826 <br />Other Services and Charges 85,641 <br />Capital Outlay 21,669 <br />Transfers to Other Funds 0 <br />Net Increase Budgeted Expenditures $107,325 <br />NOW THEREFORE BE IT RESOLVED BY THE HRA OF THE CITY OF RAMSEY, <br />COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br />