RES 2003-77 - 00002409RESOLUTION NO. 77 - 2003
A RESOLUTION ADOPTING THE FINAL BUDGET FOR THE FISCAL YEAR 2004
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 by the City Council of the City of Fridley that the
following budget be adopted and approved:
ESTIMATED
REVENUE
APPROPRIATIONS
GENERAL FUND
Taxes
Legislative:
Current Ad Valorem
$ 6,372,785
City Council
$ 112,812
Deliquent, Penalties,
Planning Commissions
205
Forfeited
40,500
Other Commissions
13
Licenses and Permits
City Management:
Licenses
239,920
General Management
260,486
Permits
283,081
Personnel
160,083
Intergovernmental:
Legal
319,537
Federal
4,000
Finance:
State-
Elections
32,815
Local Government Aid
942,038
Accounting
671,740
All Other
598,282
Assessing
159,396
Charges for Services:
MIS
244,865
General Government
847,620
City Clerk/Records
135,078
Public Safety
103,050
Police:
Public Works
34,242
Police
3,986,545
Community Development
42,930
Civil Defense
15,567
Recreation
312,100
Fire:
Fines and Forfeits
176,720
Fire
1,128,621
Special Assessments
4,500
Rental Inspections
125,265
Interest on Investments
200,000
Public Works:
Miscellaneous Revenues
153,400
Municipal Center
236,122
Other Financing Sources:
Engineering
472,984
Sales of General Fixed Assets
25,000
Lighting
193,600
Liquor Fund
450,000
Park Maintenance
887,979
Closed Debt Service Fund
232,900
Street Maintenance
1,241,054
Employee Benefit Fund
0
Recreation:
Police Activity Fund
478,393
Recreation
786,469
Naturalist
265,775
Resolution 77 -2003
TOTAL REVENUES AND OTHER
FINANCING SOURCES 11,541,461
Fund Balance:
General Fund Reserve 704,780
TOTAL GENERAL FUND
$ 12,246,241
SPECIAL REVENUE FUNDS
Cable TV Fund
$ 182,000
Grant Management Fund
80,032
Solid Waste Abatement Fund
274,808
Housing Revitialization Fund
0
Police Activity Fund
50,000
Fund Balance
391,499
TOTAL SPECIAL REVENUE
FUNDS
$ 978,339
CAPITAL PROJECTS FUND
Capital Improvement Fund
Taxes - Current Ad Valorem
$ 95,860
Interest on Investments
128,097
Park Fees
10,000
Fund Balance
16( 8,957)
TOTAL CAPITAL PROJECTS
FUND
$ 65,000
AGENCY FUND
Six Cities Watershed Fund
Taxes - Current Ad Valorem
6,200
TOTAL AGENCY FUND
$ 6,200
TOTAL ALL FUNDS
$ 13,295,780
Community Development
Building Inspection
Planning
Reserve:
Emergency
Nondepartmental:
General Capital Improvement
Streets Capital Improvement
Parks Capital Improvement
Six Cities Watershed
Page 2
275,369
347,894
100,000
85,967
$ 12,246,241
$ 117,411
72,182
310,353
0
478,393
$ 978,339
$ 15,000
50,000
0
$ 65,000
6,200
$ 6,200
$ 13,295,780
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
15TH DAY OF DECEMBER 2003.
4v ��k
Scott J. Lund, Mayor
Attest:
"9AV�11)
Debra A. Skogen, Cit Clerk