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HomeMy WebLinkAbout09-184 Amend 2009 Water and Sewer Fund Budget/~ PRj~~ / ~ ~ u x ~~NNESO~/ 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 RESOLUTION 09-184 RESOLUTION AMENDING THE 2009 PRIOR LAKE WATER AND SEWER FUND BUDGET Motion By: Hedberg Second By: LeMair WHEREAS, The City Council received a report on June 15, 2009 which outlined the strategies to be utilized to meet the revenue shortfalls for 2009; and WHEREAS, The 2009 budgets were not formally amended for any of the reductions or reallocations presented in order for City management staff to maintain the flexibility to reinstate a specific expenditure in the event that revenues exceeded the conservative estimates used to reduce the budget; and WHEREAS, As a housekeeping item to assist with the City's annual financial close, the Council is asked to consider a budget amendment for the reallocation of salaries and benefits to the Water and Sewer Fund Budget in an amount of $85,000; and WHEREAS, This allocation is consistent with the allocations programmed in the proposed 2010 budgets. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The 2009 Water and Sewer Fund budget is amended to reflect an additional $85,000 in personnel costs due to the reallocation of salaries and benefits. PASSED AND ADOPTED THIS 21st DAY OF DECEMBER, 2009. YES NO Haugen X Haugen Erickson X Erickson Hedberg X Hedberg LeMair X LeMair Millar Absent Millar ~~ Frank es, City Manager www. cityofpriorlake. com Phone 952.447.9800 /Fax 952.447.4245