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4.8. SR SR 12-18-2000
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4.8. SR SR 12-18-2000
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1/21/2008 8:34:07 AM
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12/18/2000
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<br />. <br /> <br />. <br /> <br />. <br /> <br />. $99,150 - Capital outlay approved for purchase during the 2001 budget <br />discussions; and, <br />. $32,000 - Park dedication fee for Elk River Business Park. <br /> <br />The remaining budget amendment is simply to reallocate the insurance <br />budgets since liability insurance is now being charged entirely to the Mayor <br />and Council department instead of making some somewhat arbitrary <br />allocations to each department. <br /> <br />You will notice under transfers out that an amount has not been included for <br />the ice arena operating transfer. Assuming there will be an ice arena <br />operating deficit, it will need to be funded, and in previous years, that <br />funding has come from the general fund. Although the actual 2000 deficit <br />will not be available until early February, the City Council may include its <br />intent to fund the deficit from the general fund in the budget amendments <br />and the final amount will be determined later. <br /> <br />Action Reauested <br /> <br />The City Council is asked to consider the 2000 Budget amendments as <br />attached. <br />
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