2019-33CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: July 8, 2019 RESOLUTION NO: 2019-33
MOTION BY: Coleman SECONDED BY: Campion
RESOLUTION AUTHORIZING 2019 FUND TRANSFERS
FROM 2018 GENERAL FUND SURPLUS
WHEREAS, the city's auditors have completed the 2018 Financial Audit. Staff has
identified the General Fund Surplus as of December 31, 2018 to be $846,459 and recommends
the transfer of $496,459 to the revolving assessment construction fund; and the remaining
$350,000 in General fund Surplus will be discussed during the 2020 budget process.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Chanhassen,
Minnesota, as follows:
Authorization: The City Council hereby authorizes the Finance Director to transfer the
following amounts as shown:
From Fund
To Fund
Amount
101 General Fund
601
$496,459.00
Passed and adopted by the Chanhassen City Council this 8th day of July, 2019.
ATTEST•
Tod Gerhardt, City Manager
YES NO
Campion
Coleman
McDonald
Ryan
L��
Elise Ryan, Mayor
ABSENT
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