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HomeMy WebLinkAbout01-226 CITY OF LAKEVILLE RESOLUTION • Date December 17 2001 Resolution O1-226 Luck Mulvihill Motion By Seconded By RESOLUTION AMENDING THE 2001 DRUG ENFORCEMENT FUND BUDGET BE IT RESOLVED, by the .City Council of the. City of Lakeville, Minnesota, that the following Drug Enforcement Fund Budget. is hereby approved and amended for the fiscal year ending December 31, 2001, 2001 2001 ADOPTED ADJUST AMENDED NOTE :Revenues Taxes $ 75,000 $ 75,000 Grant 14,050 - 14,050 Total Revenues 89,050 - 89,050 Expenditures PersonnefServices 86,386 2,436 88,822_ (1) TotaLExpenditures 86;386 2,436 88,822 • Transfers - Residual Transfer to General Fund 1,864 1,864 (2) Total Expenditures and Transfers 86,386 4,300 90,686 Net Increase/(Decrease) 2,664 (4,300) (1,636) Fund Balance, January 1 112 1,524 1,636 (3) Fund Balance, December 31 $ 2,776 $ ` (2,776) $ - APPROVED AND AMENDED by the City Council of the City of Lakeville, Minnesota, this 17th day of December, 2001. CITY OF L EVILLE BY: Robert D. Johns Mayor ` ST: ~ Q arlene Friedges, ity Clerk CITY OF LAKEVILLE . 2001 DRUG FUND BUDGET AMENDMENT NOTES ADJUSTMENT (1) Increase appropriations for police officer union contract settlements in 2001 with an offsetting reduction in December 31, 2001. Fund Balance. Personnel Services -Union Contract Settlement 2.436 Reduce Fund. Balance December 31, 2001 (2,436) (2) All future drug enforcement police activities will be accounted for in the General Fund beginning January 1, 2002. Transfer the residual balance remaining in the fund to the General. Fund as of December 31, 2001. Transfer to General Fund -Residual Fund Balance 1,864 Reduce Fund Balance December 31, 2001 (1,864) (3) Adjust'the budgeted January 1, 2001 Fund Balance to reflect the actual December 31, 2000 .Fund Balance carryforward. Actual Fund Balance January 1, 2001 1,636 Budgeted Fund Balance January 1, 2001 (112) Increase Fund Balance January 1,.2001 1.,524 •