HomeMy WebLinkAbout20080519 - VI-06
MEMO
TO:
FROM:
RE:
DATE:
Honorable Mayor and City Council members
Charlene A. Stark, Finance Director
Budget Adjustments and transfers
May 14, 2008
The cable fund receives on a quarterly basis 5% of a fee generated by the cable
company. This fee is allocated into the cable fund for the city to use for the
maintenance and upkeep of the city council chambers equipment room. The fund
has a current balance of$125,415. A request to purchases new cameras at a price
of 25,000 is before you tonight.
Council Action Requested:
Approve the above budget adjustment.
CIty of Hastings · 101 Fourth Street East · HaSMeS. MM 55033-1955 · :>:651-480.2350 · f:651.437-4082 · ylW".....Ci.hastlngs.mn.\JS