Extensive discussion and approval of increase in Wall Lake City Council year end transfers

WALL LAKE, IOWA – JUNE 28, 2010

1. Consideration of transferring more than proposed to fix a $43,000 general fund deficit.
2. Motion to transfer $10,000 from gas $50,000 from electric and $10,00 from water for a total of $70,000 into general fund passed unanimously.
3. Motion to pay Wall Lake Commercial Industrial Corp 18,442.16 from TIFF as a payment, not a transfer approve unanimously.
4.Proposed amendment to city budget, (line item 24, expenditures.)
- Public hearing set for July 12, 2010 before the regular council meeting.










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