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01/26/2018 2018 Summary Budget Form AFFIDAVIT OF PUBLICATION STATE OF MINNESOTA )ss COUNTY OF ANOKA Darlene MacPherson being duly sworn on an oath, states or affirms that he/she is the Publisher's Designated Agent of the newspa- per(s)known as: SF Columbia Heights/Fridley with the known office of issue being located in the county of: ANOKA with additional circulation in the counties of: ANOKA and has full knowledge of the facts stated below: (A)The newspaper has complied with all of the requirements constituting qualifica- tion as a qualified newspaper as provided by Minn.Stat.§331A.02. (B)This Public Notice was printed and pub- lished in said newspaper(s) once each week, for 1 successive week(s); the first insertion being on 01/26/2018 and the last insertion being on 01/26/2018. MORTGAGE FORECLOSURE NOTICES Pursuant to Minnesota Stat. §580.033 relating to the publication of mortgage foreclosure notices: The newspaper complies with the conditions described in §580.033, subd. 1, clause (1) or(2). If the newspaper's known office of issue is located in a county adjoining the county where the mortgaged premises or some part of the mortgaged premises described in the notice are located, a substantial portion of the newspaper's circulation is in the latter county. By: �0, Designated Agent Subscribed and sworn to or affirmed before me on 01/26/2018 by Darlene MacPherson. Notary Public MARLENE M. MITCHELL 7 Notary Public-Minnesota + �my commission Expires Jan 31,2020 Rate Information: (1)Lowest classified rate paid by commercial users for comparable space: $25.40 per column inch Ad ID 776656 CITY OF FRIDLEY 2018 SUMMARY BUDGET FORM THE PURPOSE OF THIS REPORT IS TO PROVIDE SUMMARY 2018 BUDGET INFORMATION CONCERNING THE CITY OF FRIDLEY TO INTERESTED CITIZENS. THE BUDGET IS PUBLISHED IN ACCORDANCE WITH MINNESOTA STATUTES SECTION 471.6965. THIS IS NOT THE COMPLETE BUDGET; THE COMPLETE CITY BUDGET MAY BE EXAMINED AT THE OFFICE OF THE CITY MANAGER, 6431 UNIVERSITY AVE NE, FRIDLEY MINNESOTA 55432 THE CITY COUNCIL APPROVED THIS BUDGET ON DECEMBER 11, 2017. BUDGETED GOVERNMENTAL FUNDS 20182017 BUDGETBUDGET REVENUES: Taxes$ 11,534,100 $ 11,013,500 Licenses and Permits 1,294,400 1,296,000 Intergovernmental: Federal 483,000 24,000 State-General (LGA) 1,514,100 1,325,000 State-Categorical 1,443,800 1,653,400 Other-Local 7,000 - Charges for services 2,623,200 2,613,200 Fines and forfeits 180,000 180,000 Special Assessments 246,500 576,500 Interest on Investments 224,000 109,100 Hotel/motel taxes 58,000 58,000 Miscellaneous 420,700 204,200 TOTAL REVENUES 20,028,800 19,052,900 EXPENDITURES: General Government 3,367,300 4,009,300 Public Safety 9,404,100 8,577,100 Streets and Highways (excl. construc.) 3,063,400 2,645,500 Streets and Highways (construction) 2,930,000 770,000 Sanitation 415,700 417,500 Culture and Recreation 2,513,700 2,664,000 Capital Outlay 21,463,600 49,507,800 Miscellaneous 142,100 195,000 TOTAL EXPENDITURES 43,299,900 68,786,200 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (23,271,100) (49,733,300) OTHER FINANCING SOURCES (USES): Sale of General Fixed Assets 30,000 30,000 OPERATING TRANSFERS IN - General Fund 287,500 452,600 CIP-Parks 75,000 75,000 Cable Fund - 30,000 Capital Equipment 175,000 175,000 OPERATING TRANSFERS OUT - CIP Streets (87,800) (94,400) IT Capital (250,000) (30,000) Bond Proceeds - 50,000,000 TOTAL OTHER FINANCING SOURCES (USES) 229,700 50,638,200 EXCESS (DEFICIENCY) OF REVENUES AND OTHER FINANCING SOURCES OVER EXPENDITURES AND OTHER FINANCING USES (23,041,400) 904,900 $ 14,807,913 $ 14,122,251 PROPERTY TAX LEVY REQUIREMENT ENTERPRISE FUNDS STORM20182017 WATERSEWERWATERLIQUORBUDGETBUDGET Revenues Sales5,997,000 5,997,000 5,801,000 Operating Revenues 3,937,800 5,822,800 1,396,000 11,156,600 10,540,900 Operating Revenues 3,937,800 5,822,800 1,396,000 5,997,000 17,153,600 16,341,900 Operating Expenses Personal Services 712,300 376,710 481,400 2,176,020 2,116,200 2,116,200 Supplies 342,300 52,300 15,000 440,900 1,197,600 1,197,600 Cost of Sales - - - 4,333,100 4,274,600 4,274,600 Other Services & Charges 2,118,300 5,172,706 746,700 8,719,006 8,100,500 8,100,500 Total Operating Expenses 3,172,900 5,601,716 1,243,100 15,669,026 15,688,900 15,688,900 Operating Income (Loss) 764,900 221,084 152,900 345,690 1,484,574 653,000 Nonoperating Revenue (Exp) Interest Income 5,200 18,800 12,000 - 36,000 40,800 Bond Proceeds - - - - - - Grant Proceeds - - 200,000 - 200,000 80,000 Capital Outlay (935,000) (265,000)(1,345,000) (56,000) (2,601,000) (2,385,000) Debt Service (163,700) (10,600) (7,900) - (182,200) (1,195,376) Total Nonoperationg Rev (Exp)(1,093,500) (256,800)(1,140,900) (56,000) (2,547,200) (3,459,576) Income (Loss) before Operating Transfers (328,600) (35,716) (988,000) 289,690 (1,062,626) (2,806,576) Operating Transfers In (Out) - - - (338,500) (338,500) (338,500) Net Income (Loss) (328,600) (35,716) (988,000) (48,810) (1,401,126) (3,145,076) Published in the Columbia Hgt-Fridley Sun Focus January 26, 2018 776656