RES 2006-97 - 00014258RESOLUTION NO. 2006 - 97
A RESOLUTION ADOPTING THE FINAL BUDGET FOR THE FISCAL YEAR 2007
WHEREAS, Chaper 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 275.065, subd. 6 of Minnesota Statutes requires that the City shall hold a public
hearing to adopt its final 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
APPROPRIATIONS
GENERALFUND
Taxes
Legislative:
Current Ad Valorem
$ 8,432,907
City Council
$ 121,407
Deliquent, Penalties,
City Management:
Forfeited
38,000
General Management
280,179
Licenses and Permits
Human Resources
188,535
Licenses
189,500
Legal
386,604
Permits
476,900
Finance:
Intergovernmental:
Elections
1,750
Federal
8,500
Accounting
741,012
State: Local Government Aid
382,341
Assessing
181,701
All Other
611,972
MIS
276,997
Charges for Services:
City Clerk/Records
147,682
General Government
943,490
Police:
Public Safety
213,500
Police
4,758,503
Public Works
10,000
Emergency Management
21,244
Community Development
22,700
Fire:
Recreation
233,000
Fire
1,236,185
Fines and Forfeits
180,000
Rental Inspections
143,322
Special Assessments
4,000
Public Works:
Interest on Investments
124,000
Municipal Center
275,897
Miscellaneous Revenues
230,500
Engineering
524,152
Other Financing Sources:
Lighting
218,500
Sales of General Fixed Assets
0
Park Maintenance
973,779
Liquor Fund
500,000
Street Maintenance
1,042,573
Closed Debt Service Fund
250,000
Garage
423,125
Police Activity Fund
190,000
Recreation:
Recreation
883,608
Community Development
TOTAL REVENUES AND OTHER
Building Inspection
348,202
FINANCING SOURCES
13,041,310
Planning
392,891
Reserve:
Fund Balance:
Emergency
100,000
General Fund Reserve
676,546
Nondepartmental:
50,008
TOTAL GENERAL FUND
$ 13,717,856
$ 13,717,856
Resolution No. 2006 -97
SPECIAL REVENUE FUNDS
Cable TV Fund
$ 193,735
Cable TV Fund
$ 181,716
Grant Management Fund
92,547
Grant Management Fund
92,547
Solid Waste Abatement Fund
406,742
Solid Waste Abatement Fund
449,586
Police Activity Fund
5,955
Police Activity Fund
190,000
Springbrook NC Fund
365,600
Springbrook NC Fund
352,801
Fund Balance
202,071
Fund Balance
TOTAL SPECIAL REVENUE FUNDS
$ 1,266,650
$ 1,266,650
CAPITAL PROJECTS FUND
Capital Improvement Fund
General Capital Improvement
$ 5,874
General Capital Improvement
$ 75,000
Streets Capital Improvement
2,554,546
Streets Capital Improvement
2,590,000
Parks Capital Improvement
172,110
Parks Capital Improvement
197,000
Fund Balance
129,470
TOTAL CAPITAL PROJECTS FUND
$ 2,862,000
$ 2,862,000
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
$ 17,852,706
$ 17,852,706
Page 2
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
11TH DAY OF DECEMBER 2006.
Scott J. Lund, Mayor
ATTEST:
Debra A. Skogen, City erk