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05(B) - Resolution Authorizing 2025 Year End Transfers Report
March 24, 2026 · Prior Lake, MN
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Source: 05(B) - Resolution Authorizing 2025 Year End Transfers Report
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Retrieved April 9, 2026
from 156.99.83.130 ↗
Confidence:
95%
High
Summary
The City Council of Prior Lake, Minnesota, authorizes the transfer of funds to close the financial records for 2025. The transfers include moving residual balances from one fund to another, such as from F562 to F568, to account for project balances and close debt service funds. This resolution aims to keep the debt service component of the City's tax levy flat and match revenue with related expenditures.
Details
- Subject
- 2025 Year End Transfers
- Summary
- The City Council of Prior Lake, Minnesota, authorizes the transfer of funds to close the financial records for 2025. The transfers include moving residual balances from one fund to another, such as from F562 to F568, to account for project balances and close debt service funds. This resolution aims to keep the debt service component of the City's tax levy flat and match revenue with related expenditures.
- Vote Detail
- 5-0
- Vote Result
- passed
- Adopting Body
- Prior Lake City Council
- Adoption Date
- 2026-03-24
- Resolution Number
- 26-