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Res 2001-45 RESOLUTION NO.45-2001 A RESOLUTION ADOPTING THE PROPOSED BUDGET FOR THE FISCAL YEAR 2002 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, Section 065 of the Minnesota State Statutes requires that the City shall hold a public hearing to adopt a 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 budget be adopted and approved: ESTIMATED REVENUE APPROPRIATIONS GENERAL FUND Taxes Legislative: Current Ad Valorem $ 5,507,313 City Council $ 132,186 Deliquent,Penalties, Planning Commissions 1,783 Forfeited 45,000 Other Commissions 3,357 Licenses and Permits City Management: Licenses 205,800 General Management 306,366 Permits 708,500 Personnel 168,381 ' Intergovernmental: Legal 314,018 Federal 4,000 Finance: State- Elections 31,262 Local Government Aid 1,556,948 Accounting 662,269 All Other 581,782 Assessing 160,498 Charges for Services: MIS 268,778 General Government 846,680 City Clerk/Records 172,508 Public Safety 157,170 Police: Conservation of Health 9,200 Police 3,892,439 Recreation 266,600 Civil Defense 15,629 Fines and Forfeits 190,500 Fire: Special Assessments 7,500 Fire 964,682 Interest on Investments 450,000 Rental Inspections 116,403 Miscellaneous Revenues 130,400 Public Works: Other Financing Sources: Municipal Center 253,643 Sales of General Fixed Assets 30,000 Engineering 515,020 Liquor Fund 400,000 Lighting 203,600 Closed Debt Service Fund 232,900 Park Maintenance 915,352 Employee Benefit Fund 80,000 Street Maintenance 1,389,577 Police Activity Fund 303,400 Recreation: Recreation 879,829 TOTAL REVENUES AND OTHER Naturalist 291,416 FINANCING SOURCES 11,713,693 Community Development Building Inspection 307,170 Planning 443,165 Fund Balance: Reserve: General Fund Reserve 854,538 Emergency 100,000 Nondepartmental: 58,900 TOTAL GENERAL FUND $ 12,568,231 $ 12,568,231 Resolution No.'45-2001 Page 2 SPECIAL REVENUE FUNDS Cable TV Fund $ 175,840 $ 149,084 Grant Management Fund 343,143 352,504 Solid Waste Abatement Fund 281,800 339,737 Housing Revitialization Fund 0 0 Police Activity Fund 90,000 303,400 Fund Balance 253,942 TOTAL SPECIAL REVENUE FUNDS $ 1,144,725 $ 1,144,725 CAPITAL PROJECTS FUND Capital Improvement Fund Taxes-Current Ad Valorem $90,718 General Capital Improvement $788,000 Interest on Investments 417,225 Streets Capital Improvement 975,000 Park Fees 30,000 Parks Capital Improvement 227,800 Fund Balance 1,452,857 TOTAL CAPITAL PROJECTS FUND $ 1,990,800 $ 1,990,800 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 $ 15,709,956 $ 15,709,956 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 27th DAY OF AUGUST 2001. CO J.L ,MAYOR ATTEST: kjec_. / DEBRA A. SKOGEN,CITY CC'.RK