Laserfiche WebLink
<br />Councilmember Elvig introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #08-01-007 <br /> <br />RESOLUTION AMENDING THE 2007 HOUSING AND REDEVELOPMENT <br />AUTHORITY OPERATING BUDGET <br /> <br />WHEREAS, during the year 2007, the Ramsey City Council acted on matters impacting <br />revenue and expenditures budget of the Housing and Redevelopment Authority for items that <br />were not included in the original budget for the year ended December 31, 2007; and <br /> <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 /> <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 />2007: <br /> <br />To amend revenue activities based on budget amendments made by Council action during <br />2007 and actual moneys received over (under) budget from $313,143 to $292,631 a total <br />net decrease of$20,512. <br /> <br />Taxes <br /> <br />$(20,512) <br /> <br />Net increase/decrease Budgeted Revenues <br /> <br />$(20,512) <br /> <br />To amend expenditure activities based on budget amendments made by Council action <br />during 2007 and actual moneys spent over (under) budget from $312,443 to $100,774 for <br />a net decrease of$21 1,669: <br /> <br />Personal Service <br />Other Services and Charges <br />Capital Outlay <br />Transfers to Other Funds <br />Net Decrease Budgeted Expendi~es <br /> <br />$ (0) <br />(27,205) <br />(184,464) <br />o <br />$(211.669) <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 />