RES 2003-45 - 00002344RESOLUTION NO. 45 - 2003
A RESOLUTION ADOPTING THE PROPOSED BUDGET
FOR THE FISCAL YEAR 2004
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
Legislative:
Current Ad Valorem
$ 6,372,785
City Council
$ 106,226
Deliquent, Penalties,
Planning Commissions
205
Forfeited
40,500
Other Commissions
13
Licenses and Permits
City Management:
Licenses
215,050
General Management
255,184
Permits
260,100
Personnel
150,418
Intergovernmental:
Legal
319,537
Federal
4,000
Finance:
State-
Elections
32,785
Local Government Aid
942,038
Accounting
642,285
All Other
598,282
Assessing
157,672
Charges for Services:
MIS
241,573
General Government
846,350
City Clerk/Records
132,255
Public Safety
103,050
Police:
Public Works
18,570
Police
3,868,464
Community Development
8,840
Civil Defense
15,567
Recreation
208,900
Fire:
Fines and Forfeits
176,720
Fire
912,666
Special Assessments
4,500
Rental Inspections
123,795
Interest on Investments
200,000
Public Works:
Miscellaneous Revenues
153,400
Municipal Center
234,760
Other Financing Sources:
Engineering
463,417
Sales of General Fixed Assets
25,000
Lighting
193,600
Liquor Fund
450,000
Park Maintenance
875,315
Closed Debt Service Fund
232,900
Street Maintenance
1,221,546
Employee Benefit Fund
0
Recreation:
Police Activity Fund
478,393
Recreation
776,203
Naturalist
5,835
TOTAL REVENUES AND OTHER
Community Development
FINANCING SOURCES
11,339,378
Building Inspection
277,093
Planning
334,610
Resolution No. 45 -2003
Fund Balance:
General Fund Reserve 101,646
TOTAL GENERAL FUND $ 11,441,024
SPECIAL REVENUE FUNDS
Cable TV Fund
$ 182,000
Grant Management Fund
80,032
Solid Waste Abatement Fund
274,808
Housing Revitialization Fund
0
Police Activity Fund
50,000
Fund Balance
396.068
TOTAL SPECIAL REVENUE
FUNDS $ 982,908
CAPITAL PROJECTS FUND
Capital Improvement Fund
Taxes - Current Ad Valorem
$ 95,860
Interest on Investments
128,097
Park Fees
10,000
Fund Balance
16( 8,957)
TOTAL CAPITAL PROJECTS
FUND
$ 65,000
Page 2
Reserve:
Emergency 100,000
Nondepartmental: 0
General Capital Improvement
Streets Capital Improvement
Parks Capital Improvement
$ 11,441,024
$ 115,979
80,032
308,504
0
478,393
$ 982,908
$ 15,000
50,000
0
$ 65,000
AGENCY FUND
Six Cities Watershed Fund
Six Cities
Taxes - Current Ad Valorem 6,200 Watershed 6,200
TOTAL AGENCY FUND $ 6,200 $ 6,200
TOTAL ALL FUNDS $ 12,495,132 $ 12,495,132
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 8th DAY OF
SEPTEMBER 2003.
SCOTT J. LUND -MAYOR
ATTEST:
DEBRA A. SKUGEN6fCITY CLERK