RES 2008-34 - 14551RESOLUTION NO. 2008 - 34
A RESOLUTION ADOPTING PROPOSED BUDGET FOR FISCAL YEAR 2009
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 275.065, subd. 6 of Minnesota Statutes requires that the City shall hold a public
hearing to adopt its final budget; and
WHEREAS, the City Council will hold a public hearing on December 8, 2008 before determining a final
budget;
NOW THEREFORE, BE IT RESOLVED that the following proposed budget be adopted and approved
ESTIMATED REVENUE
APPROPRIATIONS
GENERAL FUND
Taxes
Legislative:
Current Ad Valorem
$ 8,352,774
City Council
$ 121,636
Delinquent, Penalties,
City Management:
Forfeited
78,000
General Management
289,764
Licenses and Permits
Human Resources
208,470
Licenses
207,400
Legal
412,460
Permits
482,200
Finance:
Intergovernmental:
Elections
3,109
Federal
7,000
Accounting
756,858
State: Local Government Aid
1,332,853
Assessing
197,919
All Other
657,482
MIS
287,754
Charges for Services:
City Clerk/Records
179,779
General Government
1,028,700
Police:
Public Safety
227,200
Police
5,238,096
Public Works
50,600
Emergency Management
23,556
Community Development
10,000
Fire:
Recreation
262,000
Fire
1,318,782
Fines and Forfeits
250,000
Rental Inspections
150,832
Special Assessments
14,500
Public Works:
Interest on Investments
190,000
Municipal Center
281,042
Miscellaneous Revenues
204,600
Engineering
559,410
Other Financing Sources:
Lighting
258,050
Sales of General Fixed Assets
0
Park Maintenance
1,062,260
Liquor Fund
500,000
Street Maintenance
1,194,987
Closed Debt Service Fund
250,000
Garage
460,037
Recreation:
Recreation
953,670
Community Development
TOTAL REVENUES AND OTHER
Building Inspection
350,798
FINANCING SOURCES
14,105,309
Planning
471,901
Reserve:
Fund Balance:
Emergency
100,000
General Fund Reserve
847,611
Nondepartmental:
71,750
TOTAL GENERAL FUND
$ 14,952,920
$ 14,952,920
Resolution No. 2008 -34 Page 2
SPECIAL REVENUE FUNDS
Cable TV Fund
$ 251,000
Cable TV Fund
$ 155,495
Grant Management Fund
114,149
Grant Management Fund
114,149
Solid Waste Abatement Fund
487,272
Solid Waste Abatement Fund
487,272
Springbrook NC Fund
391,300
Springbrook NC Fund
379,038
Fund Balance
(107,767)
Fund Balance
0
TOTAL SPECIAL REVENUE FUNDS
$ 1,135,954
$ 1,135,954
CAPITAL PROJECTS FUND
Capital Improvement Fund
General Capital Improvement
$ 16,872
General Capital Improvement
$ 108,000
Streets Capital Improvement
790,477
Streets Capital Improvement
1,253,000
Parks Capital Improvement
179,042
Parks Capital Improvement
197,000
Fund Balance
571,609
TOTAL CAPITAL PROJECTS FUND
$ 1,558,000
$ 1,558,000
AGENCY FUND
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 $ 17,653,074 $ 17,653,074
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
25TH DAY OF AUGUST, 2008.
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SCOTT J. L — MAYOR
ATTEST:
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DEBRA A. SKOGEN 0 CITY CLERK