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RES 2004-76 - 00013327RESOLUTION NO. 2004 - 76 A RESOLUTION ADOPTING THE FINAL BUDGET FOR THE FISCAL YEAR 2005 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 final budget be adopted and approved: ESTIMATED REVENUE GENERALFUND Taxes Current Ad Valorem Voter Approved - SNC Levy Deliquent, Penalties, Forfeited Licenses and Permits Licenses Permits Intergovernmental: Federal State - Local Government Aid All Other Charges for Services: General Government Public Safety Public Works Community Development Recreation Naturalist Fines and Forfeits Special Assessments Interest on Investments Miscellaneous Revenues Other Financing Sources: Sales of General Fixed Assets Liquor Fund Closed Debt Service Fund Police Activity Fund Utilities APPROPRIATIONS Legislative: $ 7,398,970 City Council $ 117,529 275,000 Planning Commissions 200 Other Commissions 0 42,000 City Management: General Management 256,278 240,880 Personnel 172,885 372,300 Legal 347,237 Finance: 3,200 Elections 1,302 Accounting 678,897 293,654 Assessing 162,829 587,282 MIS 251,949 City Clerk /Records 130,989 879,890 Police: 166,985 Police 4,137,377 12,000 Civil Defense 15,517 47,100 Fire: 214,700 Fire 952,301 89,700 Rental Inspections 121,661 180,000 Public Works: 3,100 Municipal Center 236,647 150,000 Engineering 486,747 155,700 Lighting 193,600 Park Maintenance 917,476 25,000 Street Maintenance 959,212 500,000 Garage 359,348 250,000 Recreation: 488,283 Recreation 802,125 35,600 Naturalist 270,474 Resolution No. 2004 - 76 Page 2 Community Development TOTAL REVENUES AND OTHER Building Inspection 289,874 FINANCING SOURCES 12,411,344 Planning 355,107 Reserve: Fund Balance: Emergency 100,000 General Fund Reserve 0 Non - departmental: 93,783 TOTAL GENERAL FUND $ 12,411,344 $ 12,411,344 SPECIAL REVENUE FUNDS Cable TV Fund $ 182,000 Cable TV Fund $ 125,682 Grant Management Fund 102,704 Grant Management Fund 85,913 Solid Waste Abatement Fund 283,290 Solid Waste Abatement Fund 315,394 Police Activity Fund 23,000 Police Activity Fund 488,283 Fund Balance 424,278 Fund Balance TOTAL SPECIAL REVENUE FUNDS $ 1,015,272 $ 1,015,272 CAPITAL PROJECTS FUND Capital Improvement Fund General Capital Improvement $ 455,508 General Capital Improvement $ 967,000 Streets Capital Improvement 801,410 Streets Capital Improvement 1,920,000 Parks Capital Improvement 146,090 Parks Capital Improvement 123,000 Fund Balance 1,606,992 TOTAL CAPITAL PROJECTS FUND $ 3,010,000 $ 3,010,000 AGENCYFUND Six Cities Watershed Fund Taxes - Current Ad Valorem 6,200 Six Cities Watershed 6,200 TOTAL AGENCY FUND $ 6,200 $ 6,200 TOTAL ALL FUNDS $ 16,442,816 $ 16,442,816 Passed and adopted by the City Council of the City of Fridley this 13th day of December, 2004. Scott fLund, Mayor ATTEST: "aA Debra A. Skogen, ay Clerk