RES 1993-64 - 00003257RESOLUTION NO. 64 - 1993
RESOLUTION DESIGNATING 1992 FUND BALANCES
WHEREAS, designating a portion of fund balance is recognized as the proper format
for reporting anticipated future uses of fund balance; and
WHEREAS, designations of fund balance are also appropriate as a means of
mitigating the adverse effects of either reductions in major revenue sources or
unanticipated expenditures; and
WHEREAS, the City Council has adopted Resolution No. 46 - 1991 which established
minimum designations of fund balance.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fridley, that
the 1992 fund balance designations are as follows:
GENERAL FUND
Designated for Working Capital
Designated for Subsequent Years' Expenditures
Designated for Contingencies
Designated for Replacement of Fixed Assets
CABLE TV FUND
Designated for Cable TV Program
Designated for Subsequent Years' Expenditures
SOLID WASTE ABATEMENT FUND
Designated for Solid Waste Abatement
DRUG & GAMBLING FORFEITURE FUND
Designated for Drug and Gambling Enforcement
CAPITAL IMPROVEMENTS FUND
Designated for Street Improvements
Designated for Park Improvements
Designated for Replacement of Fixed Assets
$3,029,348
$308,160
$908,366
$1,423,584
$118,243
$3,293
$37,648
$14,960
$5,442,419
$934,493
$1,798,084
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 13TH DAY OF
SEPTEMBER. 1993.
W LZ460t ! ')A— _
WILLI . NEE - MAYOR
ATTEST:
IWILLIAM A. CHAMPA - CITY/CLERK