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RES 1992-98 - 00003605WE RESOLUTION NO. 98 - 1992 ' A RESOLUTION ADOPTING A BUDGET FOR THE FISCAL YEAR 1993 WHEREAS, Chapter 7, Section 7.04 of the City Charter provides that the City Manager shall prepare an annual budget; and WHEREAS, the City Manager has prepared such document and the City Council has met several times for the purpose of discussing the budget; and WHEREAS, Chapter 275, Section 065 of Minnesota Statutes requires that the City shall hold a public hearing to adopt a budget; and WHEREAS, the City Council has held a public hearing and has concluded the budget as prepared is appropriate. NOW THEREFORE, BE IT RESOLVED that the following budget be adopted and approved: ESTIMATED REVENUE APPROPRIATIONS GENERALFUND Taxes and Special Assessments: Legislative: Current Ad Valorem $3,406,569 City Council $107,520 Delinquent, Penalties, Planning Commissions 3,654 Forfeited 64,500 Other Commissions 5,937 Special Assessments 1,397 City Management: Licenses and Permits: General Management 305,375 Licenses 128,402 Personnel 86,520 Permits 209,746 Legal 206,000 Intergovernmental: Finance: Federal 5,595 Elections 0 State - Accounting 507,944 Homestead and Agriculture Assessing 163,629 Credit Aid 1,015,042 MIS 163,258 Local Government Aid 1,523,419 City Clerk/Records 91,457 All Other 419,713 Police: Charges for Services 214,200 Police 2,856,679 Housing and Redevelopment Authority 169,297 Civil Defense 8,614 Water Fund 121,549 Fire: 691,255 Sewer Fund 88,208 Public Works: Storm Water Fund 28,125 Civic Center 186,581 Liquor Fund 63,492 Technical Engineering 424,722 Cable TV Fund 19,271 Traffic Engineering 73,835 Construction Funds 30,222 Street Lighting 150,565 Fines and Forfeits 246,634 Public Works Maintenance 1,664,556 Interest on Investments 419,165 Recreation: Miscellaneous Revenues 63,379 Recreation 534,363 Other Financing Sources: Naturalist 234,612 IRDB Deposits Fund 12,286 Community Development Employee Benefit Fund 100,000 Building Inspection 176,373 Closed Debt Service Fund 300,292 Planning 242,552 TOTAL REVENUES AND OTHER Reserve: FINANCING SOURCES 8,650,503 Emergency 150,000 Nondepartmental: 47,662 ' Fund Balance: General Fund Reserve 433,160 TOTAL GENERAL FUND $9,083,663 $9,083,663 1 Page 2 - ResohlHon 98 - 1992 SPECIAL REVENUE FUNDS Cable TV Fund $103,000 Grant Management Fund 151,936 Solid Waste Abatement Fund 158,512 TOTAL SPECIAL REVENUE FUNDS $413,448 CAPITAL PROJECTS FUNDS Capital Improvement Fund Taxes - Current Ad Valorem $85,550 Interest on Investments 585,210 Donations 10,000 State Aid Construction 659,000 TOTAL CAPITAL PROJECTS FUNDS $1,339,760 AGENCY FUND Sbc Cities Watershed Fund Taxes - Current Ad Valorem $3,500 TOTAL AGENCY FUND $3,500 TOTAL $10,840,371 General Capital Improvement Streets Capital Improvement Parks Capital Improvement 269 $98,177 151,936 158,512 $408,625 $5,000 751,000 198,500 $3,500 $3,500 $10,450,288 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 7TH DAY OF DECEMBER, 1992 WILLIA J. NEE - MAYOR ATTEST: WILLIAM A. CHAMPA - ACTIN CITY CLERK