HomeMy WebLinkAbout5.F.3. Inter-Fund Transfers
s: F: 3.
CITY OF SHAKOPEE CONSENT
Memorandum
TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
SUBJ: Inter-fund Transfers
DATE: March 31, 2010
Introduction & Back~round
Council approval of various inter-fund transfers for 2009 is requested for documentation
purposes. They are listed below in the action requested. Council has seen/discussed all but the
last three items. The two transfers from the TIF districts are to reimburse the EDA fund for
administrative costs and the 1997B transfer is the final close out of the bond fund.
Action Reauested
Move to approve of the following inter-fund transfers for 2009;
From To Amount Purpose
General Fund Recreation $1,204,160 Budgeted funding
General Fund EDA 28,468 Certainteed abatement
Telecomm General Fund 100,000 Telecomm projects
Telecomm General Fund 106,500 Budget/overhead
Telecomm Building Fund 718,595 Close Telecomm Fund
Recreation Fund Building Fund 384,947 Close Recreation Fund
Transit General Fund 11,200 Budget-overhead
EDA General Fund 19,200 Budget-overhead
State Aid Fund General Fund 90,000 Additional Sealcoat
State Aid Fund 2009 Improvement 163,694 2009 Recon share
State Aid Fund 2009 Improvement 187,694 2009 Overlay share
Sewer Fund 2009 Improvement 154,782 2009 Recon share
Surface Water 2009 Improvement 99,340 2009 Recon share
Sewer Fund General Fund 50,000 Budget-overhead
Surface Water General Fund 50,000 Budget-overhead
TIF #12 EDA 1,571 Reimburse EDA
TIF #13 EDA 2,681 Reimburse EDA
1997B Debt CIF 35,000 Close/reimburseClF
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Gregg Voxland
Finance Director
H:\Finance\budget\