Laserfiche WebLink
• <br />Councilmember Connolly introduced the following resolution and moved for its <br />adoption: <br />RESOLUTION #00 -01 -028 <br />RESOLUTION AMENDING THE 1999 ECONOMIC DEVELOPMENT <br />AUTHORITY OPERATING BUDGET <br />WHEREAS, during the year 1999, the Ramsey City Council acted on matters <br />impacting revenue and expenditures budget of the Economic Development Authority for <br />items that were not included in the original budget for the year ended December 31, 1999; <br />and <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 <br />Resolution; and <br />WHEREAS, the following budget amendments are required to confirm Council's <br />actions taken by motion and /or discussion and to reflect actual activity for the year ended <br />December 31, 1999: <br />To amend revenue activities based on budget amendments made by Council <br />action during 1999 and actual moneys received over (under) budget from <br />$120,000 to $50,400 for a total net decrease of $69,600: <br />Miscellaneous Revenues <br />Transfers in From Other Funds <br />Net Decrease Budgeted Revenues <br />To amend expenditure activities based on wage contract settlements, budget <br />amendments made by Council action during 1999 and actual moneys spent over <br />(under) budget from $110,356 to $96,210 for a net decrease of $14,146: <br />Transfers to Other Funds <br />Net Decrease in Budgeted Expenditures <br />$ 400 <br />(70,000) <br />$ (69,600) <br />(14,146) <br />$ (14,146) <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, that the City <br />Council hereby directs the Finance Officer to enter these budget amendments into the <br />City's financial records. <br />