Res 2001-76 RESOLUTION NO. 76-2001
A RESOLUTION ADOPTING THE FINAL BUDGET FOR THE FISCAL YEAR 2002
WHEREAS, Section 7.04 of the Fridley 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, Section 275.065 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 $ 131,616
Deliquent,Penalties, Planning Commissions 1,783
Forfeited 45,000 Other Commissions 3,357
Licenses and Permits City Management:
Licenses 205,800 General Management 304,956
Permits 708,500 Personnel 167,539
Intergovernmental: Legal 314,018
Federal 4,000 Finance:
State- Elections 31,262
Local Government Aid 1,556,948 Accounting 663,311
All Other 581,782 Assessing 159,657
Charges for Services: MIS 269,155
General Government 846,680 City Clerk/Records 171,941
Public Safety 157,170 Police:
Conservation of Health 9,200 Police 3,847,131
Recreation 266,600 Civil Defense 15,629
Fines and Forfeits 190,500 Fire:
Special Assessments 7,500 Fire 964,582
Interest on Investments 450,000 Rental Inspections 116,498
Miscellaneous Revenues 130,400 Public Works:
Other Financing Sources: Municipal Center 253,643
Sales of General Fixed Assets 30,000 Engineering 515,019
Liquor Fund 400,000 Lighting 203,600
Closed Debt Service Fund 232,900 Park Maintenance 915,833
Employee Benefit Fund 80,000 Street Maintenance 1,388,821
Police Activity Fund 303,400 Recreation:
Recreation 904,524
TOTAL REVENUES AND OTHER Naturalist 290,853
FINANCING SOURCES 11,713,693 Community Development
Building Inspection 304,640
Planning 442,981
Fund Balance: Reserve:
General Fund Reserve 827,556 Emergency 100,000
Nondepartmental: 58,900
TOTAL GENERAL FUND $ 12,541,249 $ 12,541,249
Resolution No. 76-2001 Page 2
SPECIAL REVENUE FUNDS
Cable TV Fund $ 175,840 $ 148,239
Grant Management Fund 343,143 351,665
Solid Waste Abatement Fund 281,800 339,958
Housing Revitialization Fund 0 0
Police Activity Fund 90,000 303,400
Fund Balance 252,479
TOTAL SPECIAL REVENUE FUNDS $ 1,143,262 $ 1,143,262
CAPITAL PROJECTS FUND
Capital Improvement Fund
Taxes-Current Ad Valorem $90,718 General Capital Improvement $713,000
Interest on Investments 417,225 Streets Capital Improvement 140,000
Park Fees 30,000 Parks Capital Improvement 190,800
Closed Debt Service Fund 2,800,000
Storm Water Fund 100,000
TOTAL CAPITAL PROJECTS FUND $3,437,943 $ 1,043,800
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 $ 17,128,654 $ 14,734,511
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
17TH DAY OF DECEMBER 2001.
SCOTT J. L, i - MAYOR
ATTEST:
DEBRA A. SKOGEN- C;Y CLERK