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16-83 - 12-20 - Amending General Budget Resolution 16-83 December 20, 2016 Member Snope introduced the following resolution and moved its adoption: RESOLUTION AMENDING THE 2016 GENERAL FUND BUDGET WHEREAS, in 2016 the police operations experienced changes in personnel that allowed the department savings in salaries and wages; and WHEREAS, the savings will be able to pay for upcoming costs to replace equipment for their department; and WHEREAS, the transfer to the equipment fund will allow for equipment certificates not to be issued for this expenditure; and WHEREAS, this amendment allocates a transfer to the equipment replacement fund from the general fund to finance the future equipment costs. 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 Equipment Replacement $210,000 Fund (1025-7110) Fund Balance Fund Balance (1000.2710) $210,000 TOTAL 2016 BUDGET faA,A� 11 1 ATTEST: Larry Fon t t, Mayor Pro Tem Kristine 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, Snope, Schmidgall and Fonnest; and the following was absent: Harris and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor Pro Tem and his signature attested by the City Clerk.