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<br />CITY OF LINO LAKES <br />RESOLUTION NO. 18-175 <br /> <br />RESOLUTION ADOPTING THE FINAL 2019 GENERAL FUND OPERATING <br />BUDGET <br /> <br />WHEREAS, pursuant to Minnesota State Statute, the Lino Lakes City Council is required to <br />adopt a resolution setting out final General Fund revenues and expenditures for the upcoming <br />fiscal year. <br /> <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes, <br />that the following final General Fund operating budget be adopted for 2019: <br /> <br />2019 FINAL GENERAL FUND BUDGET <br /> <br />REVENUES: <br /> <br />Property Taxes $8,232,124 <br />Intergovernmental Revenue 577,106 <br />Licenses & Permits 902,459 <br />Charges for Services 303,259 <br />Fines & Forfeitures 119,132 <br />Interest on Investments 30,000 <br />Miscellaneous 810,236 <br /> <br />TOTAL FINAL GENERAL FUND REVENUES $10,974,316 <br /> <br />EXPENDITURES: <br /> <br />Administration $1,413,860 <br />Community Development 822,423 <br />Public Safety 4,998,131 <br />Public Services 2,769,902 <br />Other 970,000 <br /> <br />TOTAL FINAL GENERAL FUND EXPENDITURES $10,974,316 <br /> <br />BE IT FURTHER RESOLVED that $455,000 of the 2019 General Fund Reserve Balance be <br />committed as follows: <br /> <br /> $375,000 – Recreation Complex Phase I <br /> $50,000 – Veteran’s Memorial <br /> $30,000 – Bldg Permit Automation & Integration Project <br /> <br /> <br />Adopted by the Council of the City of Lino Lakes this 10th day of December, 2018. <br /> <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />_______________and was duly seconded by Council Member ________________ and upon <br />vote being taken thereon, the following voted in favor thereof: <br />