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Councihnember introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #OS-O1-XXX <br /> <br />RESOLUTION AMENDING THE 2004 ECONOMIC DEVELOPMENT AUTHORITY <br />OPERATING BUDGET <br /> <br /> WHEREAS, during the year 2004, the Ramsey City Council acted on matters impacting <br />revenue and expenditures budget or'the Economic Development Authority for items that were <br />not included in the original budget for the year ended December 31, 2004; and <br /> <br /> WHEREAS, for financial rePOrting purposes, amendments to the Economic <br />Development Authority budget is to be made in the form of a Budget Amendment Resolution; <br />and <br /> <br /> WHEREAS, the following budget :amendments are required to confirm Council's actions <br />taken by motion and/or discussion and to reflect actual activity for the year ended December 31, <br />2004: <br /> <br />7i'o amend revenue activities based On budget amendments made by Council action during <br />2004 and actual moneys received over (Under) budget from $139,495 to $124,100 for a <br />total net decrease of $15,395: : <br /> <br />71'aXeS <br /> <br />Net decrease Budgeted Revenues <br /> <br />$(15,395) <br />$ (15,395) <br /> <br />To amend expenditure activities based on budget amendments made by Council action <br />dm:ing 2004 and actual moneys spent over (under) budget from $136,495 to $65,158 for a <br />net decrease of $71,337: <br /> <br />Personal Service <br />Supplies <br />Other Services and Charges <br />Capital Outlay <br />Transfers to Other Funds <br />Net Decrease Budgeted EXPenditures <br /> <br />$ (3,158) <br /> (2,000) <br /> (47,100) <br /> (19,079) <br /> 0 <br /> $(71,337D <br /> <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br /> <br />1) That the City Council hereby directs the finance Officer to enter these budget <br /> amendments into the City's financial!records. <br /> <br /> <br />