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HomeMy WebLinkAboutResolution - 2009-35 - Adjusting the 2009 Budget - 05/19/2009 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2009-35 A RESOLUTION ADJUSTING THE 2009 BUDGET WHEREAS, the City Council adopted the 2009 Budget for calendar year 2009 on December 16`h 2008; and WHEREAS,the City deems it prudent to amend the budget to reflect changes in revenues and expenditures. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Eden Prairie,County of Hennepin,Minnesota,that hereby approves an amendment to the 2009 Budget as follows: ■ Decrease in revenues of $1,000,000 due to expected decrease in the collection of development revenue • Decrease in expenditures of$500,000 from wages and benefits and other decreases and additional use of the budget stabilization fund of$500,000. ADOPTED by the Eden Prairie City Council this 19th day of May, 2009. Phil Young, Mayor ATTEST: Kat een Porta, City Clerk