85-084 - 10-01 Adopt 1986 Revenue Sharing Fund BudgetResolution 85-84
October 1, 1985
Member Thompson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, HENNEPIN COUNTY, MINNESOTA
ADOPTING THE 1986 REVENUE SHARING FUND BUDGET
WHEREAS, pursuant to the provisions of Minnesota Statutes 412.701 and
412.711, the City Manager has prepared the estimates for the annual budget of
the Revenue Sharing Fund for the year 1986 and has presented such estimates to
the Council for their consideration; and
WHEREAS, the City Council has reviewed such estimates and made certain
revisions thereto;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden
Valley, Hennepin County, Minnesota, that the appropriation for the Revenue
Sharing Fund for the calendar year 1986 be as follows:
REVENUE SHARING FUND
Description Amount
Transfers to General Fund - Police Salaries $150,000
Total 1986 Budget $150,000
BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley,
Hennepin County, Minnesota, that the sources of financing the sums appropriated
shall be:
Description
Revenue Sharing Entitlements
Interest Earnings
Fund Balance
Total 1986 Budget
ATTEST:
J dLA Nal ,Deputy ty Clerk
Amount
$ 72,000
5,000
73,000
$ 150,000
Mary E. An rson, Mayor
Resolution 85-84 - Continued
The motion for the adoption of the foregoing resolution was
Stockman and upon a vote being taken thereon, the following
thereof: Anderson, Bakken, Stockman and Thompson; and the
absent: Johnson; and the following voted against the same:
said resolution was declared duly passed and adopted, signe
her signature attested by the Deputy City Clerk.
October 1, 1985
seconded by Member
voted in favor
following was
none, whereupon
d by the Mayor and