2026-27.docx1
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: April 13, 2024 RESOLUTION NO: 2026-27
MOTION BY: McDonald SECONDED BY: von Oven
RESOLUTION APPROVING FUND TRANSFERS FOR FISCAL YEAR 2025
WHEREAS, the Chanhassen City Council adopted the fiscal year 2025 budget on December 9,
2024 which included several fund transfers; and
WHEREAS, staff has identified additional transfers and changes to make; and
WHEREAS, staff recommends the following transfers for the fiscal year 2025 as listed in the
table below.
Transfer from Fund Transfer to Fund Purpose Amount
Grants Fund General Fund Budgeted - Public Safety Aid $300,000.00
Cable TV Fund Civic Campus Fund Planned Project Transfer $125,000.00
Park Development Fund Civic Campus Fund Planned Project Transfer $300,000.00
2024A GO CIP Bond
Fund
Civic Campus Fund Close out portion of fund for
Capitalized Interest
$18,036.94
Cable TV Fund General Fund Budget – Communications
Expenses
$30,000.00
Hwy 101 Proj Fund PMP Fund Close out Hwy 101 Proj Fund to
PMP Fund
$89,987.64
2009A GO Refunding
Debt Fund
Permanent Revolving
Debt Fund
Close out Fund 368 to Fund 300 $44,365.53
2009A GO Refunding
Debt Fund
2024A GO CIP Bond
Fund
Budgeted transfer for debt service $381,919.00
Total $1,289,309.11
Docusign Envelope ID: C7C71D4F-4923-4EF0-B2A0-C6B22F6770A2
2
BE IT RESOLVED, that the Chanhassen City Council approves the following transfers
effective December 31, 2025.
Transfer from Fund Transfer to Fund Purpose Amount
Grants Fund General Fund Budgeted - Public Safety Aid $300,000.00
Cable TV Fund Civic Campus Fund Planned Project Transfer $125,000.00
Park Development Fund Civic Campus Fund Planned Project Transfer $300,000.00
2024A GO CIP Bond
Fund
Civic Campus Fund Close out portion of fund for
Capitalized Interest
$18,036.94
Cable TV Fund General Fund Budget – Communications
Expenses
$30,000.00
Hwy 101 Proj Fund PMP Fund Close out Hwy 101 Proj Fund to
PMP Fund
$89,987.64
2009A GO Refunding
Debt Fund
Permanent Revolving
Debt Fund
Close out Fund 368 to Fund 300 $44,365.53
2009A GO Refunding
Debt Fund
2024A GO CIP Bond
Fund
Budgeted transfer for debt service $381,919.00
Total $1,289,309.11
PASSED AND ADOPTED by the Chanhassen City Council this 13th day of April 2026.
ATTEST:
Jenny Potter, City Clerk Elise Ryan, Mayor
YES NO ABSENT
Ryan
von Oven
Schubert
Kimber
McDonald
Docusign Envelope ID: C7C71D4F-4923-4EF0-B2A0-C6B22F6770A2