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HomeMy WebLinkAbout5.F.4. Fund Transfers S- F. 1- CITY OF SHAKO PEE Memorandum COr~SENT TO: Mayor and Council Mark McNeill, City Administrator FROM: Gregg Voxland, Finance Director SUBJ: Fund Transfers DATE: February 4, 2009 Introduction & Background The construction projects included in the 2005, 2006, and 2007 Capital Projects Funds have been concluded. The next step is to transfer any remaining assets to the respective debt service funds in order to close the capital projects funds. Action Requested Move to approve of the transfer of $212,961.62 from the 2005 Capital Projects Fund to the 2006A Debt Service Fund. Move to approve of the transfer of $228,644.17 from the 2006 Capital projects Fund to the 2006A Debt Service Fund. Move to approve of the transfer of $18,917.48 from the 2007 Capital Projects Fund to the 2007B Debt Service Fund. G~Xland Finance Director II, \Finance\cafr08\