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2020-155 Council Resolution
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2020-155 Council Resolution
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Last modified
2/19/2021 12:51:41 PM
Creation date
12/15/2020 12:03:36 PM
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City Council
Council Document Type
Resolutions
Meeting Date
12/14/2020
Council Meeting Type
Regular
Resolution #
20-155
Resolution Summary
Adopt final 2021 General Fund operating budget
Resolution Date Passed
12/14/2020
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CITY OF LINO LAKES <br />RESOLUTION NO. 20-155 <br />RESOLUTION ADOPTING THE FINAL 2021 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 2021: <br />2021 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Property Taxes $9,271,367 <br />Intergovernmental Revenue 631,523 <br />Licenses & Permits 943,019 <br />Charges for Services 301,059 <br />Fines & Forfeitures 106,100 <br />Interest on Investments 30,000 <br />Miscellaneous 236,332 <br />TOTAL FINAL GENERAL FUND REVENUES $11,519,400 <br />EXPENDITURES: <br />Administration $1,487,143 <br />Community Development 834,741 <br />Public Safety 5,443,612 <br />Public Services 2,752,791 <br />Other 1,001,113 <br />TOTAL FINAL GENERAL FUND EXPENDITURES $11,519,400 <br />Adopted by the Council of the City of Lino Lakes this 14th day of December, 2020. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Lyden and was duly seconded by Council Member _ Cavegn and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Stoesz, Ruhland, Lyden, Cavegn, Rafferty <br />The following voted against same: <br />None <br />ATTEST: <br />Bartell, Cit Clerk <br />
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