Res 1998-104 RESOLUTION NO. 104 - 1998
A RESOLUTION ADOPTING A BUDGET
FOR THE FISCAL YEAR 1999
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 Minnesota 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 and Special Assessments: Legislative:
Current Ad Valorem $3,825,521 City Council $96,139
Delinquent,Penalties, Planning Commissions 1,753
Forfeited 54,062 Other Commissions 8,600
Special Assessments 2,588 City Management:
Licenses and Permits: General Management 272,693
Licenses 182,067 Personnel 131,017
Permits 471,257 Legal 296,280
Intergovernmental: Finance:
Federal 5,000 Elections 0
State- Accounting 559,168
Homestead and Agriculture Assessing 137,835
Credit Aid 1,038,950 MIS 212,877
Local Government Aid 1,684,587 City Clerk/Records 113,076
Local Performance Aid 34,413 Police:
All Other 546,211 Police 3,501,219
Charges for Services: Civil Defense 12,645
HRA 255,860 Fire:
Water Fund 159,987 Fire 809,644
Sewer Fund 154,150 Rental Housing Inspections 93,182
Storm Water Fund 85,687 Public Works:
Liquor Fund 61,217 Municipal Center 213,564
Cable TV Fund 23,317 Engineering 456,816
Construction Funds 60,639 Lighting 203,795
All Other 355,802 Park Maintenance 826,157
Fines and Forfeits 181,589 Street Maintenance 1,243,287
Interest on Investments 435,000 Recreation:
Miscellaneous Revenues 152,350 Recreation 774,646
Other Financing Sources: Naturalist 246,474
Sales of General Fixed Assets 15,000 Community Development:
Closed Debt Service Fund 232,900 Building Inspection 247,903
Liquor Fund 170,000 Planning 437,189
TOTAL REVENUES AND OTHER Reserve:
FINANCING SOURCES 10,188,154 Emergency 102,569
Nondepartmental: 76,408
Fund Balance:
General Fund Reserve 886,782
TOTAL GENERAL FUND $11,074,936 $11,074,936
r 44.
SPECIAL REVENUE FUNDS
Cable TV Fund $104,541 $161,479
Grant Management Fund 204,973 197,751
Solid Waste Abatement Fund 270,000 324,775
Housing Revitalization Fund 250,000 250,000
Fund Balance 104,491
TOTAL SPECIAL REVENUE FUNDS $934,005 $934,005
CAPITAL PROJECTS FUNDS
Capital Improvement Fund
Taxes-Current Ad Valorem $70,550 General Capital Improvement $479,500
HACA 15,000 Streets Capital Improvement 2,210,000
Interest on Investments 417,225 Parks Capital Improvement 300,500
Donations 30,000
Fund Balance 2,457,225
TOTAL CAPITAL PROJECTS FUNDS $2,990,000 $2,990,000
AGENCY FUND
Six Cities Watershed Fund
Taxes-Current Ad Valorem $6,197 Six Cities Watershed $7,822
HACA 1,625
TOTAL SIX CITIES WATERSHED FUND $7,822 $7,822
TOTAL ALL FUNDS $15,006,763 $15,006,763
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 14TH DAY OF
DECEMBER 1998.
1 iI_ •
N i CY I /1 G�' 4 N-MAYOR
ATTEST:
D BRA A. SKOGEN- TY CLERK