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RES 2011-64 - 14880RESOLUTION NO. 2011 - 64 A RESOLUTION ADOPTING THE 2012 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 GENERAL FUND Taxes Legislative: Current Ad Valorem $ 9,602,809 City Council $ 125,609 Delinquent, Penalties, City Management: Forfeited 121,500 General Management 283,289 Licenses and Permits Human Resources 205,135 Licenses 255,000 Legal 417,490 Permits 457,150 Finance: Intergovernmental: Elections 43,200 Federal 64,800 Accounting 688,108 State: Local Government Aid 0 Assessing 208,831 All Other 739,282 MIS 270,639 Charges for Services: City Clerk/Records 157,721 General Government 1,387,250 Police: Public Safety 276,480 Police 5,181,922 Public Works 37,000 Emergency Management 18,935 Community Development 11,500 Fire: Recreation 226,400 Fire 1,188,711 Fines and Forfeits 175,000 Rental Inspections 159,405 Special Assessments 42,200 Public Works: Interest on Investments 53,000 Municipal Center 272,294 Miscellaneous Revenues 145,500 Engineering 539,316 Other Financing Sources: Lighting 248,500 Sales of General Fixed Assets 0 Park Maintenance 955,138 Liquor Fund 350,000 Street Maintenance 1,069,651 Closed Debt Service Fund 250,000 Garage 422,706 Recreation: Recreation 873,813 Community Development TOTAL REVENUES AND OTHER Building Inspection 320,937 FINANCING SOURCES 14,194,871 Planning 451,953 Reserve: Fund Balance: Emergency 120,000 General Fund Reserve 63,532 Nondepartmental: 35,100 TOTAL GENERAL FUND $ 14,258,403 $ 14,258,403 Resolution No. 2011 - 64 Page 2 SPECIAL REVENUE FUNDS Cable TV Fund $ 258,050 Cable TV Fund $ 342,145 Grant Management Fund 104,840 Grant Management Fund 104,840 Solid Waste Abatement Fund 418,381 Solid Waste Abatement Fund 418,381 Police Activity Fund 0 Police Activity Fund 0 Springbrook NC Fund 412,100 Springbrook NC Fund 400,573 Fund Balance 72,568 Fund Balance 0 TOTAL SPECIAL REVENUE FUNDS $ 1,265,484 $ 1,265,484 CAPITAL PROJECTS FUNDS Capital Improvement Fund Building Capital Improvement $ 763,877 Building Capital Improvement $ 410,000 Streets Capital Improvement 707,238 Streets Capital Improvement 870,000 Parks Capital Improvement 24,624 Parks Capital Improvement 144,000 Fund Balance (71,734) Total Capital Improvement Fund $ 1,424,000 $ 1,424,000 Capital Equipment Fund Capital Equipment Notes $ 341,150 General Fund Machinery $ 341,150 Fund Balance 0 341,150 341,150 TOTAL CAPITAL PROJECTS FUNDS $ 1,770,150 $ 1,770,150 TOTAL ALL FUNDS $ 17,244,542 S-194 5,122 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 12TH DAY OF DECEMBER 2011. ATTEST: &&AM.-e DEBRA A. SKOGEN - OTY CLERK