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12-12-2016 Council Packet
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12-12-2016 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/12/2016
Council Meeting Type
Regular
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<br />CITY OF LINO LAKES <br />RESOLUTION NO. 16-167 <br /> <br />RESOLUTION AMENDING THE 2016 GENERAL OPERATING BUDGET <br /> <br />WHEREAS, the City Council has adopted a general operating budget for 2016, and <br /> <br />WHEREAS, the City Council has made certain fiscal decisions through the year which have an <br />impact on the general operating budget, and <br /> <br />WHEREAS, changes in economic conditions and changes in budget forecasts have made it <br />necessary for the City Council to reconsider portions of the adopted general operating budget, <br />and <br /> <br />WHEREAS, it is good management and accounting practice to amend the general operating <br />budget to reflect such changes. <br /> <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes, <br />that the general operating budget for 2016 be amended as follows: <br /> <br />REVENUES: <br /> <br /> <br /> ADJUSTMENT <br />AMOUNT <br />101 000 3010 000 General Property Tax (1,042,194)$ <br />101 000 3020 000 Delinquent Taxes (40,000) <br />101 000 3040 000 Fiscal Disparities 1,042,194 <br />101 000 3050 000 Tax Increment Collections 8,000 <br />101 000 3150 000 Penalties & Interest (5,000) <br />101 000 3201 000 Liquor License -Bar 6,500 <br />101 000 3204 000 Sunday Liquor License 500 <br />101 000 3225 000 Lodging Tax 10,000 <br />101 000 3250 000 Building Permit Fees 150,000 <br />101 000 3251 000 Plan Inspection Fees 70,337 <br />101 000 3253 000 Plumbing Permit 10,000 <br />101 000 3264 000 Underground Utility Permit 10,000 <br />101 000 3345 000 Municipal State Aid (MSA)(7,500) <br />101 000 3346 000 Police State Aid 18,500 <br />101 000 3350 000 Circle Pines Gas Franchise (20,000) <br />101 000 3422 000 Police Other Revenues (20,000) <br />101 000 3492 000 Engineering/Planning Fees 15,000 <br />101 000 3510 000 Fines & Forfeits 30,000 <br />101 000 3511 000 ACE Fees 20,000 <br />101 000 3900 000 General Fund Reserves (423,000) <br />(166,663)$ <br />ACCOUNT
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