Laserfiche WebLink
<br />. <br /> <br />RESOLUTION 06---13 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br />A RESOLUTION ALLOCATING THE 2005 GENERAL FUND BALANCE <br /> <br />WHEREAS The City's Financial Management Plan includes a General Fund Balance <br />policy that states that any unreserved fund balance in excess of forty percent <br />shall be allocated to other purposes at the discretion of the City Council; and, <br /> <br />WHEREAS The City Council has requested that the.minimum unreserved balance in the <br />General Fund for 2005 be 41.50 percent; and, <br /> <br />WHEREAS The City Council has considered the various uses of the balance in excess of <br />41.50 percent; <br /> <br />NOW THEREFORE BE IT RESOLVED that the City Council of the City of Elk River <br />makes the following reservations of the 2005 General Fund Balance: <br /> <br />Amount <br />$203,813 Capital Equipment <br />$203,813 Total <br /> <br />. Passed and adopted by the City Council this 3rd day of April 2006. <br /> <br />Allocation <br /> <br /> <br />ATTEST: <br /> <br />cy"w !ll,~C <br />J o~n :tJ. Schmidt, City Clerk <br />\""-"// <br /> <br />. <br /> <br />06-33 <br />