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HomeMy WebLinkAbout5.F.3. 2009 Budget Amendment-Res. No. 6940 ElF 3, CITY OF SHAKOPEE CONSENT Memorandum TO: Mayor and council Mark McNeill, City Administrator FROM: Gregg Voxland, Finance Director RE: 2009 Budget Amendment Resolution No. 6940 DATE: September 14, 2009 Introduction Attached is a resolution which amends the 2009 Budget. Background The 2009 budget has the opportunity to be amended for; 1. Community Center front desk upgrades authorized 11/18/08, $20,000. 2. Community Center ($29,600) and Pool repairs ($12,000) authorized 8/11/09, $41,600. 3. Recreation Fund transfer of year-end balance to Building Fund authorized 8/11/09, estimated $300,000. 4. Telecommunications Fund transfer to General Fund for future projects $100,000. 5. Telecommunications Fund transfer of year-end balance to Building Fund authorized 8/11/09, estimated $718,000. 6. 2009 transfer to 2002A Debt Service fund to adjust 2009/10 tax levy $74,208. 7. 2009 transfer to 2006A Debt Service fund to adjust 2009/10 tax levy $342,736. The net change for General Fund 2009 budget is a transfer in increase of $100,000 and a transfer out increase of $416,944 (reimbursed in 2010) . The net change for Recreation Fund 2009 budget is an expenditure increase of $61,600 and a transfer out increase of $300,000. The net change for Telecommunications Fund 2009 budget is a transfer out increase of $818,000. The attached resolution is provided for Council action. Action Offer Resolution Number 6940, A Resolution Amending Resolution NO. 6847 A Resolution Adopting The 2009 Budget, and move its adoption. ~ Gregg Voxland Finance Director h,\budget09\Budamend09B RESOLUTION NO. 6940 A RESOLUTION AMENDING RESOLUTION NO. 6847 A RESOLUTION ADOPTING THE 2009 BUDGET WHEREAS, the Ci ty Counci 1 of the City of Shakopee has adopted a Budget for 2009, and WHEREAS, due to changing conditions and circumstances, there is reason to amend the Budget, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the 2009 Budget is amended as follows: General Fund Transfer in increase $100,000 Transfer out increase (2002A Debt Service Fund) 74,208 Transfer out increase (2006A Debt Service Fund) 342,736 Telecommunications Fund Transfer out increase (General Fund) 100,000 Transfer out increase (Building Fund) 718,000 Recreation Fund Transfer out increase (Building Fund) 300,000 Expenditure increase 61,600 Adopted in session of the City Council of the City of Shakopee, Minnesota held this day of , 2009. Mayor of the City of Shakopee ATTEST: , City Clerk