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CITY OF LAKEVILLE
RESOLUTION NO. 0~-214
RESOLUTIONAMENDING THE 20Q7
OAK WIL T SUPPRESSION GRANT FUND BUDGET
NOW THEREFORE, BE IT RESOLVED that the Oak Wilt Suppression Grant
Fund Budget hereby approved and amended for the fiscal year. ending
December 31, 2007.
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ADOPTED AMENDED
BUDGET ADJUST BUDGET. NOTES
Revenues
Minnesota Re-leaf Community Forest Health grant $ 7,000 $ - $ 7,000
Interest on Investments 101 20 121 (1)
Total Revenues 7,101 20 7,121
Expenditures
Lakeville Residents matching grantxeimbursement 7,000 - 7,000
Total Expenditures 7,000 - 7,000
Transfer -
Residual Transfer to General Fund .2,544 2,544 (2)
Net Increase/(Decrease). 101 (2,524). (2,423).
fund Balance, January 1 2,520 (97) 2,423 (3)
Fund Balance, December 31 $ 2,621 $ (2'621) $ -
BE FURTHER RESOLVED that the notes pertaining to the adjustments as
shown above ai•e shown on Exhibit A attached hereto.
APPROVED AND AMENDED by the. Lakeville City Council this 17th day of
.December, 2007.
OFLA L E
o y ahl, ayor-
A EST;
Charlene Friedges, Ci lerk
Exhibit A
.CITY OF LAKEVILLE
2007 OAK WILT SUPPRESSION GRANT SPECIAL REVENUE FUND
ADJUSTMENT
(1) Increase the 2007 interest on investments to reflect estimated final amount.
Interest on Investments 20
Increase Fund Balance, December 31, 2007 20
(2) The State of Minnesota Re-leaf Community Forest Health Grant wilt no longer be
accounted for in the Special Revenue Fund. The General Fund Parks Department
beginning in 2008 will account for all oak wilt suppression activities. Transfer the
residual fund balance to General Fund thus permanently closing the Oak Wilt
Suppression Grant Fund.
Transfer to General Fund 2,544
Close Fund Balance, December 31, 2007 2,544
(3) Adjust the budgeted January 1, 2007 Fund Balance to reflect the actual December 31,
2006 Fund Balance carryforward.
Actual Fund Balance, January 1, 2007 2,423
Budgeted Fund Balance, January 1, 2007 2,520
Decrease Fund Balance, December 31, 2007 (97)
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