Res 1998-50 0010?
RESOLUTION NO. 50 - 1998
A RESOLUTION ADOPTING A "PROPOSED" 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, Chapter 275, Section 065 of Minnesota Statutes requires that
the City shall adopt a proposed budget before September 15; and
WHEREAS, Chapter 275, Section 065 of Minnesota Statutes requires that
such "proposed" budget be certified to the County Auditor;
NOW THEREFORE, BE IT RESOLVED that the following "proposed" budget be
adopted and approved:
ESTIMATED
REVENUE APPROPRIATIONS
GENERAL FUND
Taxes and Special Assessments: Legislative:
Current Ad Valorem $3,825,521 City Council $96,249
Delinquent,Penalties, Planning Commissions 1,753
Forfeited 54,062 Other Commissions 8,600
Special Assessments 2,588 City Management:
Licenses and Permits: General Management 269,935
Licenses 182,067 Personnel 129,837
Permits 471,257 Legal 296,280
Intergovernmental: Finance:
Federal 5,000 Elections 0
State- Accounting 554,011
Homestead and Agriculture Assessing 136,797
Credit Aid 1,038,950 MIS 211,822
Local Government Aid 1,684,587 City Clerk/Records 111,697
Local Performance Aid 34,413 Police:
All Other 546,211 Police 3,464,099
Charges for Services: Civil Defense 12,645
HRA 255,860 Fire:
Water Fund 159,987 Fire 803,110
Sewer Fund 154,150 Rental Housing Inspections 92,536
Storm Water Fund 85,687 Public Works:
Liquor Fund 61,217 Municipal Center 213,386
Cable TV Fund 23,317 Engineering 452,681
Construction Funds 60,639 Lighting 203,795
All Other 355,802 Park Maintenance 820,808
Fines and Forfeits 181,589 Street Maintenance 1,235,028
Interest on Investments 435,000 Recreation:
Miscellaneous Revenues 152,350 Recreation 768,233
Other Financing Sources: Naturalist 244,460
Sales of General Fixed Assets 15,000 Community Development:
Closed Debt Service Fund 232,900 Building Inspection 246,302
Liquor Fund 170,000 Planning 433,174
TOTAL REVENUES AND OTHER Reserve:
FINANCING SOURCES 10,188,154 Emergency 191,290
Nondepartmental: 76,408
Fund Balance:
General Fund Reserve 886,782
TOTAL GENERAL FUND $11,074,936 $11,074,936
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Page 2—Resolution No. 50- 1998
SPECIAL REVENUE FUNDS
Cable TV Fund $104,541 $160,973
Grant Management Fund 204,973 197,062
Solid Waste Abatement Fund 270,000 324,457
Housing Revitalization Fund 250,000 250,000
Fund Balance 102,978
TOTAL SPECIAL REVENUE FUNDS $932,492 $932,492
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 $15,005,250 $15,005,250
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
24TH DAY OF AUGUST 24, 1998
•
cC �
CY J RG���SO0 MAYOR
ATTEST:
1
4., d id . 7
DE:RA A. SKOGEN /CITY CLERK