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Res 2015-48 RESOLUTION NO. 2015 - 48 A RESOLUTION ADOPTING THE 2016 PROPOSED BUDGET WHEREAS, Chapter 7, Section 7.04 of the Charter of the City of Fridley, 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 for the purposes of discussing the budget; and WHEREAS, the City Council will hold a public meeting on December 14, 2015 before determining a final budget; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fridley that the following proposed budget be adopted and approved: Estimated General FundRevenues Appropriations Taxes $ 10,612,800 Personnel Services$ 12,178,200 Licenses & Permits 903,700 Supplies 888,800 Intergovernmental 1,180,700 Other Services & Charges 2,700,400 Charges for Services 1,978,200 Capital Outlay - Fines & Forfeits 180,000 Other Financing Uses - Special Assessments 19,400 Miscellaneous 282,500 Other Financing Sources 532,900 Total Revenues & Other Financing Sources 15,690,200 Fund Balance General Fund Reserve (77,200) Total General Fund $ 15,767,400 $ 15,767,400 th PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 28 DAY OF SEPTEMBER, 2015. ______________________________ SCOTT J. LUND - MAYOR ATTEST: ________________________________ DEBRA A. SKOGEN - CITY CLERK