Loading...
HomeMy WebLinkAboutResolution 7582 Establishing Facilities Fund CITY OF ORONO RESOLUTION OF THE CITY COUNCIL 1l� 4tiG NO. 7582 IcESHO A RESOLUTION ESTABLISHING THE FACILITIES SERVICES FUND WHEREAS, the Central Services department within the General Fund tracks expenditures that applies to all departments; and WHEREAS, the City has been tracking facility operating expenditure as part of the Central Services department; and WHEREAS, the use of internal service funds improves financial management by allowing more precise tracking of costs related to specific services; and WHEREAS, internal service funds are useful for budgeting and decision-making; and WHEREAS, the City already tracks information technology, insurance and fleet related expenditures as internal services fund; and WHEREAS, the creation of a Facilities Services Fund will allow precise tracking of costs related to facility services, supplies, maintenance and repairs; and WHEREAS, the fund will charge other departments for services provided; and NOW, THEREFORE,BE IT RESOLVED that the Facilities Services Fund be establish. Adopted by the City Council of Orono, Minnesota at a regular meeting held on May 12, 2025. ATTEST: CITY OF ORONO Chri e Lusia , ity Clerk Bob Tunheim, Mayor