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<br />CITY OF LINO LAKES <br />RESOLUTION NO. 19-168 <br /> <br />RESOLUTION ADOPTING THE FINAL 202020 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 2020: <br /> <br />2020 FINAL GENERAL FUND BUDGET <br /> <br />REVENUES: <br /> <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 /> <br />TOTAL FINAL GENERAL FUND REVENUES $11,195,170 <br /> <br />EXPENDITURES: <br /> <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 /> <br />TOTAL FINAL GENERAL FUND EXPENDITURES $11,195,170 <br /> <br />Adopted by the Council of the City of Lino Lakes this 9th day of December, 2019. <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 /> <br />The following voted against same: <br />_______________________________ <br />Jeff Reinert, Mayor <br />ATTEST: <br /> <br />________________________ <br />Julianne Bartell, City Clerk