16-71 - 11-01 - Amend the 2016 General Fund Budget Resolution 16-71 November 1, 2016
Member Snope introduced the following resolution and moved its adoption:
RESOLUTION AMENDING THE 2016 GENERAL FUND BUDGET
WHEREAS, in 2016 building permits issued created additional revenue for setting
up a Special Revenue Fund called Brookview Community Center; and
WHEREAS, the revenue from building permits will fund the shortfall for the first year
for operating the center (personal and supplies) outlined in the 2017 Proposed Brookview
Community Center Special Revenue Budget; and
WHEREAS, this amendment allocates general fund revenues and fund balance to
those expenditures for each area outlined below; and
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that
the 2016 Amended General Fund Budget are hereby given final approval.
DIVISION
DESCRIPTION AMOUNT
Expenses
004 Transfers to Brookview Community $285,950
Center Special Revenue Fund (1025-
7110)
Revenues
Building Permits (1000.4101) 285 950
TOTAL 2016 BUDGET
he and M. Harris, Mayor
ATTEST:
ristine A Luedke, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Clausen
and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Harris,
Snope, Schmidgall and Fonnest and the following voted against the same: none
whereupon said resolution was declared duly passed and adopted, signed by the Mayor
and his signature attested by the City Clerk.