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CITY OF LINO LAKES <br />RESOLUTION NO. 18-175 <br />RESOLUTION ADOPTING THE FINAL 2019 GENERAL FUND OPERATING <br />BUDGET <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 />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 />2019 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Property Taxes <br />$8,232,124 <br />Intergovernmental Revenue <br />577,106 <br />Licenses & Permits <br />902,459 <br />Charges for Services <br />303,259 <br />Fines & Forfeitures <br />119,132 <br />Interest on Investments <br />30,000 <br />Miscellaneous <br />810,236 <br />TOTAL FINAL GENERAL FUND REVENUES $10,974,316 <br />EXPENDITURES: <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 />TOTAL FINAL GENERAL FUND EXPENDITURES $10,974,316 <br />BE IT FURTHER RESOLVED that $455,000 of the 2019 General Fund Reserve Balance be <br />committed as follows: <br />$375,000 — Recreation Complex Phase I <br />$50,000 — Veteran's Memorial <br />$30,000 — Bldg Permit Automation & Integration Project <br />Adopted by the Council of the City of Lino Lakes this 1 Otn day of December, 2018. <br />^` The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Rafferty and was duly seconded by Council Member Maher and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Rafferty, Maher,Manthey, Stoesz, Reinert <br />