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2024-20CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: April 15, 2024 RESOLUTION NO: 2024-20 MOTION BY: McDonald SECONDED BY: Kimber RESOLUTION APPROVING FUND TRANSFERS FOR FISCAL YEAR 2023 WHEREAS, the Chanhassen City Council adopted the fiscal year 2023 budget on December 12, 2022 which included several fund transfers; and WHEREAS, staff has identified additional transfers to make due to the purchase of capital equipment; and WHEREAS, staff recommends the following transfers for the fiscal year 2023 as listed in the table below. Transfer from Fund Transfer to Fund Purpose Amount General Fund Park Renovation Fund Budget – Playground Replacement $170,000.00 Cable TV Fund General Fund Budget – Communications Expenses $45,000.00 Grants Fund General Fund Budget – ARPA – Fire Captains & Economic Development Manager Positions $135,000.00 Grants Fund Park Development Fund Budget – Lake Ann Park Preserve Project (2023 Expenses) $243,622.99 Capital Equipment/Vehicle Fund Capital Facilities Fund Budget – Planned Projects $200,000.00 Water Fund Surface Water Management Fund Capital Asset Purchase – Track Mats $5,423.05 Sewer Fund Surface Water Management Fund Capital Asset Purchase – Track Mats $5,423.05 Total $804,469.09 BE IT RESOLVED, that the Chanhassen City Council approves the following transfers effective December 31, 2023. Transfer from Fund Transfer to Fund Purpose Amount General Fund Park Renovation Fund Budget – Playground Replacement $170,000.00 Cable TV Fund General Fund Budget – Communications Expenses $45,000.00 Grants Fund General Fund Budget – ARPA – Fire Captains & Economic Development Manager Positions $135,000.00 Grants Fund Park Development Fund Budget – Lake Ann Park Preserve Project (2023 Expenses) $243,622.99 Capital Equipment/Vehicle Fund Capital Facilities Fund Budget – Planned Projects $200,000.00 Water Fund Surface Water Management Fund Capital Asset Purchase – Track Mats $5,423.05 DocuSign Envelope ID: 3D31DA30-D621-4E1C-BE23-5E7C69BD093A Sewer Fund Surface Water Management Fund Capital Asset Purchase – Track Mats $5,423.05 Total $804,469.09 Passed and adopted by the Chanhassen City Council this 15 day of April 2024. ATTEST: Kim Meuwissen, City Clerk Elise Ryan, Mayor YES NO ABSENT Ryan von Oven McDonald Schubert Kimber DocuSign Envelope ID: 3D31DA30-D621-4E1C-BE23-5E7C69BD093A