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PR _0CRRDI~S OF CITY COUNCIL <br /> CITY OF RAMSEY <br /> ANOKA COUNTY <br /> STATE OF MINNESOTA <br /> <br />The Ramsey City Council conducted a special meeting to review the 1988 Draft <br />Budget on Tuesday, September 29, 1987, at the Ramsey Municipal Center, 15153 <br />Nowthen Blvd. N.W., Ramsey, Minnesota. <br /> <br />Members Present: <br /> <br />Mayor Gary Reimann <br />Councilmember A1 Sorteberg <br />Councilmember Arnie Cox <br />Councilmember Al Pearson (arrived late) <br />Councilmember Steve DeLuca <br /> <br />Also Present: <br /> <br />City Administrator David Hartley <br />City Finance Officer Noel Graczyk <br /> <br />COt,r, TO ORD~ <br /> <br />Mayor Reimann called the special Council meeting to order at 7:45 p.m. and led <br />in the Pledge of Allegiance to the Flag. <br /> <br />CITIZEN INPUT <br /> <br />Mayor Reimann asked if anyone present wished to make comments. <br />responded. <br /> <br />No one <br /> <br />APPROVAL OF Afl, DA <br /> <br />Motion by Councilmember COx and seconded by Councilmember DeLuca to approve the <br />agenda as presented. <br /> <br />Motion carried. Voting Yes: Mayor Rei~nn, Councils Sorteberg, Cox, and <br />DeLuca. Voting No: None. <br /> <br />PRESENTATION by David Hartley, City Administrator <br /> <br />Mr. Hartley reviewed the handouts as follows: <br /> Handout A: Mr. Graczyk's Presentation of Budget Background and Reconm~ndation. <br /> Handout B: Copies of Minutes of the Budget Review Meetings that have taken <br /> place so far. <br /> Handout C: The City Funds. Mr. Hartley explained that Handout C outlines how <br /> each one of the City's funds works and theparticularnumber of the <br /> fund as it relates to the budget document. Mr. Hartley reviewed <br /> the various categories of funds as follows: <br /> o General Fund - is used to account for all financial resources <br /> except those required to be accounted for in another fund. <br /> o Special Revenue Funds - are used to account for revenues derived <br /> from specific revenue sources that are legally restricted to <br /> expenditures for specific purposes. Mr. Hartley said that a good <br /> example of a Special Revenue Fund is the 9210 Revenue Sharing <br /> Fund. He stated that this category also allows funds that are <br /> used toaccount for contributions from developers for specific <br /> future uses. <br /> <br />City Council/September 29, 1987 <br /> Page 2 of 7 <br /> <br /> <br />