HomeMy WebLinkAbout16-051 Budget Amendments
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 16-051
A RESOLUTION APPROVING AMENDMENTS TO THE 2015 AND 2016 BUDGETS FOR PROJECT
EXPENDITURES CARRIED FORWARD FROM 2015
Motion By: Thompson Second By: Keeney
WHEREAS, The 2015 and 2016 budgets were adopted on December 9, 2014 and December 22, 2015,
respectively; and
WHEREAS, The 2016 General Fund budget does not reflect the expenditures associated with the Ponds
Park lighting project, the Lord’s Street bridge repairs, or the purchase of Police Department
safety equipment; and
WHEREAS, The products were not purchased or the work for each of these projects was not completed in
2015 but will be in 2016.
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 2015 General Fund budget is amended to reflect the expenditures and funding of $233,000
associated with the 2016 projects.
3. The 2016 budgets are amended for the remaining work to be completed in 2015 and to eliminate the
budgeted transfer from the Capital Park Fund to the General Fund for 2016.
Fund Amendment
General Fund $233,000
Capital Park Fund 170,000
Totals $404,000
4. Funding will be provided by the respective Fund reserves.
PASSED AND ADOPTED THIS 25th DAY OF APRIL 2015.
VOTE Hedberg Keeney McGuire Morton Thompson
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
______________________________
Frank Boyles, City Manager