86-066 - 10-07 Adopting the 1987 Revenue Sharing Fund Budget Resolution 86-66 October 7, 1986
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, HENNEPIN COUNTY, MINNESOTA
ADOPTING THE 1987 REVENUE SHARING FUND BUDGET
WHEREAS, pursuant to the provisions of P�innesota Statutes 412.701 and
412.711, the City P�9anager has prepared the estimates for the annual budget of
the Revenue Sharing Fund for the year 1987 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, Nennepin County, Minnesota, that the appropriation for the Revenue
Sharing Fund for the calendar year 1987 be as follows:
REVENUE SHARING FUND
Description Amount
Transfers to General Fund - Police Salaries $ 7,500
Total 1987 Budget $ 7,500
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
s hal 1 be:
Description Amount
Interest Earnings $ 170
Fund Balance 7,330
Total 1987 Budget $ 7,500
,----
� : ��y � ��
Mary E. A erson, ayor
ATTEST:
ti.k.-
� 1 , � �,
Ju Nal , Deputy i; y Cler
Resolution $6-66 - Continued October 7, 1986
The rrbtion for the adoption of the foregoing resolution was seconded by P�ember
Bakken and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson, Stockman and Thompson; and the following
voted against the same: none, whereupon said resolution was declared duly
passed and adopted, signed by the Mayor and her signature attested by the Deputy
City Clerk.