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COUNCIL MINUTES December 12,2011 <br /> APPROVED <br /> 46 <br /> �--47 November 28, 2011 City Council Meeting Minutes Approved <br /> 48 <br /> 49 November 28, 2011 Closed Council Meeting Minutes Approved <br /> 50 <br /> 51 December 5, 2011 Work Session Minutes Approved <br /> 52 <br /> 53 Application of Centennial Middle School PTA for <br /> 54 Excluded Bingo Permit Approved <br /> 55 <br /> 56 FINANCE DEPARTMENT REPORT, AL ROLEK <br /> 57 <br /> 58 2A) Public Hearing on 2011/2012 Property Tax Levy and 2012 Budget—Finance Director Rolek <br /> 59 reviewed the proposed 2012 General Fund Revenue and Expenditures and also gave a PowerPoint <br /> 60 presentation outlining the entire proposed budget and tax levy (on file). <br /> 61 <br /> 62 The Mayor opened the public hearing. There being no one present wishing to speak, the public <br /> 63 hearing was closed at 6:52 p.m. <br /> 64 <br /> 65 i. Resolution No. 11-123, Adopting the Final 2011 Tax Levy Collectible in 2012. <br /> 66 <br /> 67 Council Member Gallup moved to approve Resolution No. 11-123 as presented. Council Member <br /> 68 Roeser seconded the motion. Motion carried on a unanimous voice vote. <br /> 69 <br /> 70 ii. Resolution No. 11-124, Adopting the Final 2012 General Operating Budget. <br /> 71 <br /> 72 Council Member O'Donnell moved to approve Resolution No. 11-124 as presented. Council <br /> 73 Member Roeser seconded the motion. Motion carried on a unanimous voice vote. <br /> 74 <br /> 75 iii. Resolution No. 11-125, Adopting the 2012 Water and Sewer Operating Budgets. <br /> 76 <br /> 77 Council Member Roeser moved to approve Resolution No. 11-125 as presented. Council Member <br /> 78 Gallup seconded the motion. Motion carried on a unanimous voice vote. <br /> 79 <br /> 80 vi. Resolution No. 11-126, Adopting the 2011 Recreation Fund. <br /> 81 <br /> 82 Council Member Rafferty moved to approve Resolution No. 11-126 as presented. Council Member <br /> 83 Roeser seconded the motion. Motion carried on a unanimous voice vote. <br /> 84 <br /> 85 2B) Resolution No. 11-127, Committing Specific Revenue Sources in Special Revenue Funds- <br /> 86 Finance Director Rolek noted that at the last meeting, the council adopted policy language relating to <br /> 87 GASB Statement#54 categorizing the city's fund balances. A portion of that policy calls for the <br /> 88 council to commit certain revenue sources towards a special purpose and this resolution commits the <br /> 89 recreation program fees toward that fund source in line with the policy. <br /> 90 <br /> 2 <br />