HomeMy WebLinkAbout15-063CITY OF LAKEVILLE
RESOLUTION NO. 15-63
RESOLUTION AMENDING THE 2015 GENERAL FUND BUDGET
WHEREAS, The 2015 General Fund budget was adopted on December 15,
2014; and
WHEREAS, The approved 2015 budget included a proviso that any funds
(unencumbered) in excess of $9.6 million would be appropriated
for specific purposes; and
WHEREAS, The City Council supports the allocation and transfer of "2014
General Fund Unencumbered Balance" as follows:
Park Improvement Fund - Land of Amazement
$85,000
Equipment Fund - Non -Funded Equipment
$150,000
Park Improvement Fund (New)
$150,000
2015 Street Reconstruction Project - Phase 1
$300,000
2015 Street Reconstruction Project - Phase II
$200,000
TOTAL
$885,000
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota as
follows:
1. The recitals set forth above are incorporated herein.
2. The 2015 General Fund budget is amended in the amount of $885,000 and staff is
authorized to make the corresponding transfers to the appropriate funds.
DATED this 18' day of May, 2015
CITY OF LAKEVILLE
Matt Little, Mayor
ATTEST:
Charlene Friedges, City erk