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RES 1981-34 - 000061910 RESOLUTION NO. 34 - 1981 A RESOLUTION AUTHORIZING CHANGES IN APPROPRIATIONS FOR THE GENERAL AND OTHER FUNDS FOR THE YEAR 1980 WHEREAS, the City has had expenditures not budgeted for in Commissions principally because of a money transfer to an outside agency; and WHEREAS, the amount received by the City from F.Y.S.A. for Capital Expenditures should be reflected as a deposit within the General Fund as per agreement; and WHEREAS, the amount received by the City from F.Y.S.A. for the Community Park Project was put in the General Fund not reflected in the Proper Fund as per their intent; and WHEREAS, the amount budgeted for the Teen Center Fund should be reflected in the General Fund; and WHEREAS, the Community Development Fund is now closed and the Fund Balance of $1,834.24 should be transferred to the Home Ownership Fund; and NOW, THEREFORE BE IT RESOLVED that the budgets of the following divisions and accounts be amended as follows: GENERAL FUND Revenues Charges for Services (Teen Center) $ 12,500 2,500 Appropriations Recreation $ 12,500 Other Commissions 13,000 Deposit Account - F.Y.S.A. 2,500 Transfer to Community Park Fund 5,000 Reserve for Contingencies (13,000) Fund Balance ( 7,500) 12,500 TEEN CENTER FUND (09) 980 This Proposed Adjusted Budget as Budget 1980 Adopted Adjustment Budget Teen Center Fund (09) Estimated Revenue $ 12,500 $ (12 500) $ -O- Appropriations 12,500 (12,500) -0- PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 16TH DAY OF MARCH, 1981. MAYOR - WILLIAM J. NEE ATTEST: C c- � CITY CLE - SIDNEY C. INMAN 0091A/1268A 1