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RES 1995-97 - 000029911 165 RESOLUTION NO. 97 - 1995 A RESOLUTION ADOPTING A BUDGET FOR THE FISCAL YEAR 1996 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 GENERAL FUND Taxes and Special Assessments: Legtslatl e: Current Ad Valorem $3,703,641 City Council $95,183 Delinquent, Penalties, Planning Commissions 3,518 Forfeited 75,344 Other Commissions 6,961 Special Assessments 2,530 City Management: Licenses and Permits: General Management 276,228 Licenses 152,122 Personnel 67,839 Permits 382,827 Legal 252,700 Intergovernmental: Finance: Federal 4,116 Elections 23,216 State - Accounting 543,006 Homestead and Agriculture Assessing 117,203 Credit Aid 1,024,834 MIS 159,140 Local Government Aid 1,625,082 City Clerk /Records 109,523 All Other 473,847 Police: Charges for Services 271,632 Police 3,173,037 HRA 237,609 Civil Defense 9,850 Water Fund 148,575 Fire: Sewer Fund 143,154 Fire 703,707 Storm Water Fund 79,575 Rental Housing Inspections 93,917 Liquor Fund 56,850 Public Works: Cable TV Fund 21,653 Civic Center 189,961 Construction Funds 55,640 Engineering 437,538 Fines and Forfeits 203,573 Lighting 192,900 Interest on Investments 425,000 Park Maintenance 652,096 Miscellaneous Revenues 84,211 Street Maintenance 1,121,417 Other Financing Sources: Recreation: Sales of General Fixed Assets 13,456 Recreation 569,519 Closed Debt Service Fund 134,843 Naturalist 210,229 Liquor Fund 75,000 Community Development TOTAL REVENUES AND OTHER Building Inspection 222,646 FINANCING SOURCES 9.995.114 Planning 334,208 Reserve: Fund Balance: Emergency 100,000 General Fund Reserve 395,987 Nondepartmentat: 104,939 TOTAL GENERAL FUND $9.790.481 $9.790.481 1 166 Page 2 -- Resolution No. 97 - 1995 SPECIAL REVENUE FUNDS Cable TV Fund $101,389 $117,100 Grant Management Fund 208,674 208,674 Solid Waste Abatement Fund 228,029 238,183 Housing Revitalization Fund 250,000 - 250,000 Fund Balance 25,865 TOTAL SPECIAL REVENUE FUNDS 5813.957 $813.957 CAPITAL PROJECTS FUNDS Capital Improvement Fund Taxes — Current Ad Valorem $85,550 General Capital Improvement $63,000 Interest on Investments 271,036 Streets Capital Improvement 941,640 Donations 10,000 Parks Capital Improvement 332,100 State Aid Construction 650,000 Fund Balance 320,154 TOTAL CAPITAL PROJECTS FUNDS $1,336,740 $1,336,740 AGENCY FUND Six Cities Watershed Fund Taxes — Current Ad Valorem $3,911 $3,911 TOTAL AGENCY FUND 59.911 $3.911 TOTAL $11.945.089 $11.945.089 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 11TH DAY OF DECEMBER, 1995. WILLIAM NEE - MAYOR ATTEST: WILLIAM A. CHAMPA - CITY C RK