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CITY OF LINO LAKES <br />RESOLUTION NO. 19-168 <br />RESOLUTION ADOPTING THE FINAL 2020 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 2020: <br />2020 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Property Taxes $8,407,756 <br />Intergovernmental Revenue 616,459 <br />Licenses & Permits 932,346 <br />Charges for Services 297,337 <br />Fines & Forfeitures 116,100 <br />Interest on Investments 30,000 <br />Miscellaneous 795,172 <br />TOTAL FINAL GENERAL FUND REVENUES $11,195,170 <br />EXPENDITURES: <br />Administration $1,501,289 <br />Community Development 816,922 <br />Public Safety 5,135,173 <br />Public Services 2,738,786 <br />Other 1,003,000 <br />TOTAL FINAL GENERAL FUND EXPENDITURES $11,195,170 <br />Adopted by the Council of the City of Lino Lakes this 9th day of December, 2019. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Manthey and was duly seconded by Council Member Stoesz and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Manthey, SToesz, Rafferty, Maher, R,�inert <br />The following voted against same: <br />none <br />ATTEST: <br />Julia Bartell, City JCler <br />'---::::) <br />Jeff Reinert, XVl yor <br />