HomeMy WebLinkAbout19-106CITY OF LAKEVILLE
RESOLUTION NO. 19-106
RESOLUTION AMENDING THE 2019 BUDGETS AND AUTHORIZING TRANSFERS
WHEREAS, the 2019 budgets were adopted on December 3, 2018; and
WHEREAS, The City Council discussed utilizing $400,000 of 2019 General Fund reserves to
fund capital equipment purchases associated with the 2020-2029 Capital Improvement Program;
and
WHEREAS, The City Council discussed utilizing $155,000 of 2019 General Fund reserves to
fund technology equipment purchases associated with the 2020-2029 Capital Improvement
Program.
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 2019 General Fund budget is amended in the amount of $400,000 for transferring funds
to the Equipment Fund.
3. The 2019 General Fund budget is amended in the amount of $155,000 for transferring funds
to the Technology Fund.
ADOPTED by the Lakeville City Council this 16th day of September 2019
CITY OF LAKEVILLE
Douglas P. Anderson, Mayor
ATTEST:
Charlene Friedges, City Clerk