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RES 2008-61 - 14573RESOLUTION NO. 2008 - 61 A RESOLUTION ADOPTING THE FINAL BUDGET FOR THE 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 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: ESTIMAT ED REVENUE APPROPRIATIONS GENERAL FUND Legislative: Taxes City Council $121,636 Current Ad Valorem $8,352,474 City Management: Delinquent, Penalties, Forfeited 78,000 General Management 289,764 Licenses and Permits Human Resources 208,470 Licenses 207,200 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 5,210,777 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 548,899 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 REVENUE AND OTHER Building Inspection 350,798 FINANCING SOURCES 14,105,009 Planning 471,901 Reserve: Fund Balance: Emergency 105,000 General Fund Reserve 815,081 Nondepartmental: 71,750 TOTAL GENERAL FUND $14,920,090 $14,920,090 PASSED AND ADOPTED BY THE CITY OF FRIDLEY THIS 15TH DAY OF DECEMBER, 2008. -qe if SCOTT T. LUND - MAYOR ATTEST: &&and DEBRA A. SKOGEN - ITY CLERK ESTIMATED REVENUE APPROPRIATION S SPECIAL REVENUE FUNDS Cable TV Fund $251,000 Cable TV Fund $155,495 Grant Management 114,149 Grant Management Fund 114,149 Solid Waste Abatement Fund 487,272 Solid Waste Abatement Fund 487,272 Police Activity Fund 117,528 Police Activity Fund 117,528 Springbrook NC Fund 391,300 Springbrook NC Fund 379,038 Fund Balance (107,767) Fund Balance 0 TOTAL SPECIAL REVENUE FUNDS $1,253,482 $1,253,482 CAPITAL PROJECTS FUND Capital Improvement Fund General Capital Improvement $ 16,872 General Capital Improvement $ 108,000 Streets Capital Improvement 790,477 Street Capital Improvement 1,192,000 Parks Capital Improvement 179,042 Parks Capital Improvement 197,000 Fund Balance 510,609 TOTAL CAPITAL PROJECTS FUND $1,497,000 $1,497,000 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 $17,676,772 $17,676,772 PASSED AND ADOPTED BY THE CITY OF FRIDLEY THIS 15TH DAY OF DECEMBER, 2008. -qe if SCOTT T. LUND - MAYOR ATTEST: &&and DEBRA A. SKOGEN - ITY CLERK