Agenda - Council - 01/09/2007 - Laserfiche WebLink

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. Councilmember introduced the following resolut~on and moved fOl: its adoption: RESOLUTION. #07-0 I-XXX RESOLUTION AMENDING THE 2006 HOUSING AND REDEVELOPMENT AUTHORITY OPERATING BUDGET WHEREAS, during the year 2006, the.Ramsey City Council acted on matters impacting revenue and expenditures budget of the Housing and Redevelopment Authority for items that were not included in the original budget for the year ended December 31, 2006; and WHEREAS, for financial reporting purposes, amendments to the Housing and Redevelopment Authority budget is to be made in the form of a Budget Amendment Resolution; and ~REAS, the following budget amendments are required to confirm Council's actions taken by motion and/or discussion and to reflect actual activity for the year ended December 31, 2006: . To amend revenue activities based on budget amendments made by Council action during 2006 and actual moneys received over (under) budget from $271,839 to $249,800 for a total net decrease of $22,039. Taxes $(22,039) $(22.039) Net increase/decrease Budgeted Revenues To amend expenditure activities based on budget amendments made by Counc~laction during 2006 and actual moneys spent over (under) budget from $271,339 to $83,860 for a net decrease of$187,479: Personal Service Supplies Other Services and Charges Capital Outlay Transfers to Other Funds Net Decrease Budgeted Expenditures $ (0) 60 (38,180) (149,359) o $087.479) NOW THEREFORE BE IT RESOL YED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, COUNTY OFANOKA, STATE OF MINNESOTA, as follows: . I} That the City Council hereby directs the Finance Officer to enter these budget amendments into the City's financial records. -105-