Loading...
Resolution No. 2024-63, Approving and Authorizing Final Budget Reapp. for Certain Funds for the Fiscal Year Ending Dec. 31, 2023 Resolution No. 2024-63 Approving and Authorizing Final Budget Reappropriation for Certain Funds for the Fiscal Year Ending December 31, 2023 Whereas, the Fridley City Charter (Charter) establishes certain processes for the preparation, passage, enforcement and alternation to the annual budget; and Whereas, Section 7.07 of the Charter authorizes the Fridley City Council (Council) to increase expenditures under two circumstances: 1) when actual revenues exceed estimated revenues; and 2) by identifying offsetting decreases in other areas of the budget; and Whereas, for the Fiscal Year ending December 31, 2023, staff identified two funds requiring reappropriation subject to the Section 7.07 of the Charter; and Whereas, the General Fund and Solid Waste Abatement Fund has sufficient revenue to cover the overage of expenditures. Therefore, be it resolved, that the City Council of the City of Fridley hereby approves and authorizes the following amendment to the 2023 Budget. Type Department/Division Category Debit Credit Expenditure Solid Waste Abatement Operating Supplies 6,270 Revenue Solid Waste Abatement State Grants 6,270 Expenditure General Fund/Public Safety Health Insurance 69,980 Expenditure General Fund/Public Safety Overtime 40,100 Reimbursement from Revenue General Fund/Public Safety Other Gov 69,980 Revenue General Fund/Public Safety Police Security 40,100 th Passed and adopted by the City Council of the City of Fridley this 13 day of May, 2024. _______________________________________ Scott J. Lund – Mayor Attest: ________________________________________ Melissa Moore – City Clerk