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Res 2018- 31 Adopting Fund Balance PolicyCity of Mendota Heights Dakota County, Minnesota RESOLUTION 2018-31 RESOLUTION ADOPTING A FUND BALANCE POLICY WHEREAS, the City of Mendota Heights adopted a Fund Balance Policy on December 6, 2011; and WHEREAS, the fund balance policy includes fund balance classifications; and WHEREAS, it is required that the City of Mendota Heights have a clear, written policy on the procedures and rules governing the fund balances; and WHEREAS, the City of Mendota Heights has reviewed and amended the attached Fund Balance Policy. NOW, THEREFORE, BE IT RESOLVED that the attached Fund Balance Policy, dated April 17, 2018, is hereby adopted. Adopted by the City Council of the City of Mendota Heights this seventeenth day of April, 2018. CITY COUNCIL CITY OF MENDOTA HEIGHTS 2C3j3 Neil Garlock, Mayor ATTEST: Lorri Smith, City Clerk