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RES 2010-61 - 14737RESOLUTION NO. 2010 - 61 A RESOLUTION ADOPTING THE 2011 PROPOSED BUDGET 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, the City Council will hold a public meeting on December 6, 2010 before determining a final budget. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Fridley Minnesota that the following proposed budget be adopted and approved: ESTIMATED REVENUE APPROPRIATIONS GENERAL FUND Taxes Legislative: Current Ad Valorem $ 10,328,707 City Council $ 120,930 Delinquent, Penalties, City Management: Forfeited 96,000 General Management 279,688 Licenses and Permits Human Resources 198,887 Licenses 226,000 Legal 417,500 Permits 355,700 Finance: Intergovernmental: Elections 2,800 Federal 13,000 Accounting 667,242 State: Local Government Aid 0 Assessing 201,665 All Other 714,282 MIS 229,642 Charges for Services: City Clerk/Records 153,989 General Government 1,315,900 Police: Public Safety 183,600 Police 4,943,775 Public Works 55,000 Emergency Management 18,943 Community Development 8,907 Fire: Recreation 220,000 Fire 1,289,952 Fines and Forfeits 250,000 Rental Inspections 152,507 Special Assessments 33,000 Public Works: Interest on Investments 20,000 Municipal Center 267,302 Miscellaneous Revenues 173,500 Engineering 525,614 Other Financing Sources: Lighting 238,500 Sales of General Fixed Assets 0 Park Maintenance 1,007,615 Liquor Fund 350,000 Street Maintenance 1,112,523 Closed Debt Service Fund 250,000 Garage 445,035 Recreation: Recreation 863,842 Community Development TOTAL REVENUES AND OTHER Building Inspection 314,274 FINANCING SOURCES 14,593,596 Planning 444,812 Reserve: Fund Balance: Emergency 105,000 General Fund Reserve (556,459) Nondepartmental: 35,100 TOTAL GENERAL FUND $ 14,037,137 $ 14,037,137 Resolution No. 2010 -61 Page 2 SPECIAL REVENUE FUNDS Cable TV Fund $ 241,050 Cable TV Fund $ 165,603 Grant Management Fund 144,407 Grant Management Fund 144,407 Solid Waste Abatement Fund 410,579 Solid Waste Abatement Fund 410,579 Police Activity Fund 16,000 Police Activity Fund 84,177 Springbrook NC Fund 404,300 Springbrook NC Fund 390,430 Fund Balance (21,140) Fund Balance 0 TOTAL SPECIAL REVENUE FUNDS $ 1,195,196 $ 1,195,196 CAPITAL PROJECTS FUND Capital Improvement Fund General Capital Improvement $ 8,638 General Capital Improvement $ 21,000 Streets Capital Improvement 619,389 Streets Capital Improvement 610,000 Parks Capital Improvement 94,981 Parks Capital Improvement 100,000 Fund Balance 7,992 TOTAL CAPITAL PROJECTS FUND $ 731,000 $ 731,000 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 $ 15,969,533 $ 15,969,533 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY MINNESOTA THIS 13TH DAY OF SEPTEMBER 2010. Sc tt J. Lund, Mayor Attest: kl-4vn-� Debra A. Skogen #ity Clerk