Res 2020-29 Reappropriation for Funds for 2019
RESOLUTION NO. 2020 - 29
A RESOLUTION APPROVING AND AUTHORIZING REAPPROPRIATION FOR
CERTAIN FUNDS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2019
WHEREAS, the City Charter (Charter) established certain processes for the preparation,
passage, enforcement and alternation to the annual budget; and
WHEREAS, Section 7.07 of the Charter authorizes the 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, 2019, staff identified three Special
Revenue Funds requiring reappropriation subject to the Section 7.07 of the Charter; and
WHEREAS, the Cable TV Fund has sufficient fund balance to cover the overage of
expenditures pending reimbursement from Comcast Cable Communications, LLC.
WHEREAS, the Solid Waste Abatement and Springbrook Nature Center Funds receipted
revenues to support additional expenditures beyond those fixed in the 2019 budget resolutions.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley hereby
approves and authorizes the following amendments to the 2019 Budget.
Type Department/Division Category Debit Credit
Revenue CSER/Solid Waste Abatement Professional Services 799
Expenditure CSER/Solid Waste Abatement Interest Earnings 799
Revenue CSER/Springbrook Nature Center Operating Supplies 1,189
Expenditure CSER/Springbrook Nature Center Interest Earnings 1,189
Equity CSER/Cable TV Fund Balance 16,388
Expenditure CSER/Cable TV Professional Services 16,388
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
TH
8 DAY OF JUNE, 2020.
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SCOTT J. LUND - MAYOR
ATTEST:
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DANIEL J. TIENTER - CITY CLERK