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RES 2010-94 - 14772RESOLUTION NO. 2010 - 94 A RESOLUTION ADOPTING THE 2011 FINAL 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 has held a public meeting 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 Taxes Legislative: Current Ad Valorem $ 9,407,206 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 664,033 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 4,978,130 Public Works 55,000 Emergency Management 18,943 Community Development 8,907 Fire: Recreation 220,000 Fire 1,188,445 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 418,308 Recreation: Recreation 863,842 Community Development TOTAL REVENUES AND OTHER Building Inspection 314,274 FINANCING SOURCES 13,672,095 Planning 444,812 Reserve: Fund Balance: Emergency 105,000 General Fund Reserve 267,954 Nondepartmental: 35,100 TOTAL GENERAL FUND $ 13,940,049 $ 13,940,049 Resolution No. 2010 -94 SPECIAL REVENUE FUNDS Cable TV Fund $ 241,050 Grant Management Fund 144,407 Solid Waste Abatement Fund 410,579 Police Activity Fund 16,000 Springbrook NC Fund 404,300 Fund Balance (21,140) TOTAL SPECIAL REVENUE FUNDS $ 1,195,196 Cable TV Fund Grant Management Fund Solid Waste Abatement Fund Police Activity Fund Springbrook NC Fund Fund Balance Page 2 $ 165,603 144,407 410,579 84,177 390,430 a 1,1 y.),iy0 CAPITAL PROJECTS FUND Capital Improvement Fund General Capital General Capital Improvement $ 8,638 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 $15,872,445 $ 15,872,445 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 13TH DAY OF DECEMBER 2010. P SCOTT J. IrUND, MAYOR ATTEST: kd-4vnm� DEBRA A. SKOGEN ITY CLERK