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Councilmember Jeffrey introduced the following resolution and moved for its adoption: RESOLUTION #07-01-018 RESOLUTION AUTHORIZING 2006 FINAL BUDGET AMENDMENT FOR THE PURPOSE OF AMENDING THE CITY'S GENERAL FUND BUDGET WHEREAS, during the year 2006, the Ramsey City Council acted on matters impacting revenue and expenditures budgets of the City's General fund for items that were not included in the original budget for December 31, 2006; and WHEREAS, for financial reporting purposes, amendments to the City's General Fund Budget are to be made in the form of a Budget Amendment Resolution; and WHEREAS, the following budget amendments are in addition to those previously adopted and are required to reflect actual activity for the year ended December 31, 2006; GENERAL FUND #101 To amend revenue activities based on budget amendments made by Council action during 2006 and actual moneys received over (under) budget from $10,162,600 to $9,237,513 for a total net decrease of $925,902: Taxes Licenses and Permits Intergovernmental Revenues Changes for Services Fines and Penalties Miscellaneous Revenues Interest Earnings Transfers in From Other Funds Net Decrease in General Fund Budgeted Revenues $ 29,882 (1,099,389) 62,348 38,533 3,337 38,634 o 753 $ (925.902) To amend expenditure activities based on actual moneys spent over (under) budget for the 2006 calendar year. This amendment incorporates budget amendments made by Council action during 2006. This amendment will amend expenditure activities from $10,162,600 to $8,883,706 for a net decrease of $1,278,894. Personal Services Supplies Other Services and Changes Capital Outlay Transfers to Other Funds: Equipment Revolving Fund Net Decrease in General Fund Budgeted Revenues $ (357,175) (54,207) (321,416) 36,280 (582.376) $ (1.278.894)