Res 2016-36 2016 FundAppropriations
RESOLUTION NO. 2016-36
A RESOLUTION AUTHORIZING CHANGES
IN APPROPRIATIONS FOR THE GENERAL FUND FOR 2016;
AND APPROVING TRANSFERS FROM THE GENERAL FUND TO CAPITAL AND
INTERNAL SERVICE FUNDS
WHEREAS, the City of Fridley has involved itself in initiatives that provide for future planning
and funding to allow for a better delivery of services, and
WHEREAS, the City of Fridley had not incorporated these changes into the adopted budget for
2016
WHEREAS, the City of Fridley will transfer $200,000 from the General Fund to the Information
Technology Fund to allow for funding of technology projects
WHEREAS, the City of Fridley will transfer $500,000 from the General Fund to the Building
Improvement Fund to re-establish reserves for future building rehabilitation and improvement
projects
WHEREAS, the City of Fridley will transfer $100,000 from the General Fund to the Self-
Insurance Fund to increase reserves necessary to fund the City’s liability insurance policy
deductible
WHEREAS, the City of Fridley will transfer $100,000 from the General Fund to the Employee
Benefit Fund to increase reserves necessary to fund expenditures associated with fringe and
pension benefits.
NOW, THEREFORE, BE IT RESOLVED that the General Fund, Information Technology
Capital Fund and the Building Improvement Capital Fund budgets be amended, along with the
transfer of:
Type Fund Category DR CR
General Fund
Expense Non-departmental Transfer Out 900,000
Capital Project Funds
Revenue Information Technology Transfer In 200,000
Revenue Building Improvement Transfer In 500,000
Internal Service Funds
Revenue Self-Insurance Transfer In 100,000
Revenue Employee Benefit Transfer In 100,000
Total 900,000 900,000
Resolution No. 2016-36 Page 2
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
22nd DAY OF AUGUST, 2016.
______________________________
SCOTT J. LUND - MAYOR
ATTEST:
__________________________________
DEBRA A. SKOGEN – CITY CLERK