HomeMy WebLinkAbout25-047 Amending the 2024 General Fund BudgetCITY OF LAKEVILLE
RESOLUTION NO.25-047
Resolution Amending the 2024 General Fund Budget
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota as follows:
1. The 2024 budget for the General Fund is hereby amended for the fiscal year ending
December 31, 2024 as per Exhibit A, as attached hereto.
ADOPTED by the Lakeville City Council this 171h day of March 2025.
City of Lakeville:
uke M. Hellier, Mayor
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Taylor Snider, Assistant to the City Administrator
EXHIBIT A
CITY OF LAKEVILLE
JOURNAL ENTRY
JE:00000974
Post Date: 12/31/2024 Entered By: JWERNER
Entry Date: 03/12/2025 Journal: BA
Description: BUDGET AMENDMENTS COUNCIL MTG 3/17/25
GL #
Description
DR
CR
1000.1806.4604.00
PARK/BUILDING RENTAL
20,000
-
1000.1810.4640.00
ARTS CENTER CHARGES
21,000
-
1000.1811.5010.00
PROCEEDS ON SALE OF PROPERTY
22,400
-
1000.1814.4640.00
ARTS CENTER CHARGES
15,000
-
1000.1826.4640.00
ARTS CENTER CHARGES
10,000
-
1000.1852.4267.00
STATE RECREATION GRANT
6,619
-
1000.1852.6020.00
SALARIES PART-TIME - REGULAR
-
6,619
1000.1853.6540.00
CAP OUTLAY MACHINERY/EQUIPMENT
-
10,000
1000.1805.6280.00
OTHER CONTRACTUAL
-
41,000
1000.1806.6280.00
OTHER CONTRACTUAL
-
20,000
1000.1810.6280.00
OTHER CONTRACTUAL
-
21,000
1000.1811.6370.00
CREDIT CARD FEES
-
22,400
1000.1814.6280.00
OTHER CONTRACTUAL
-
15,000
1000.0000.3031.00
USE OF FUND BALANCE
51,000
1000.1826.6280.00
OTHER CONTRACTUAL
-
10,000
Journal Total:
146,019 146,019
The use of fund balance is due to timing differences from the system conversion. The budget was
adjusted to align with accrual accounting, but this does not impact the financial statements since the
budget follows a different accounting basis.