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RESOLUTION NO. 05-101 City of New Brighton County of Ramsey State of Minnesota RESOLUTION AMENDING THE 2005 BUDGETS ereas, changes have occurred during the year for which the 2005 has no budget propriations; and ereas, it is appropriate for the City Council to amend the budgets from time to e to reflect those changes which occur during the year; and ereas, the reserves in the General Fund are below the targeted levels of the City's licy and the strategy to correct that includes making a transfer from the Community investment Fund into the General Fund; and ereas, the City Forestry Department incurred substantial costs to clean up damages both public and private properties caused by a violent wind storm which occurred September and had no budget appropriations for them; and ereas, a transfer from the Community Reinvestment Fund will pay for these stonn an up costs; and ereas, three additional activities (an employee survey, hiring a consultant for the ty Manager's review, and Long Lake Water Patrol pilot project) occurred during 05 which were not budgeted; and ereas, the General Fund balance will be used to pay for those three activities. w, Therefore, Be It Resolved that: the Finance Director is authorized and directed amend the 2005 Budgets as follows: eneral Fund: Increase: Decrease: Revenues - Transfers In Revenues -Retained Earn. Contribution $1,200,000 $1,200,000 Increase: Increase: Revenues - Transfers In Forestry - Losses Expenditures $300,000 $300,000 Increase: Increase: Revenues - Retained Earn. Contribution Administration - Professional Services $8,800 $8,800 Increase: Revenues - Retained Earn. Contribution $10,000