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Council Member Bergeson introduced the following resolution and moved its adoption: <br /> CITY OF LINO LAKES <br /> RESOLUTION NO. 98-169 <br /> RESOLUTION ADOPTING THE FINAL 1999 GENERAL OPERATING AND THE WATER <br /> AND SEWER BUDGETS FOR THE CITY OF LINO LAKES <br /> WHEREAS, Pursuant to State Statute,the Lino Lakes City Council is required to adopt a resolution <br /> setting final General Fund revenues and expenditures for the upcoming fiscal year,and <br /> WHEREAS, the Lino Lakes City Council adopted resolution no.97-03 on January 13, 1997 establishing <br /> the three year rate schedule for water and sewer services,and <br /> WHEREAS, effective with bills rendered after January 1, 1999 the projected revenue generated by the <br /> fee schedule is sufficient to fund the 1999 Water and Sewer Fund budgets established by <br /> the Engineering Department and should be adopted through resolution. <br /> NOW THEREFORE BE IT RESOLVED: The following General Fund operating budget be adopted for 1999: <br /> 1999 FINAL GENERAL FUND BUDGET <br /> REVENUES: <br /> Property Taxes $2,952,261 <br /> Intergovernmental Revenue 668,926 <br /> Business Licenses and Permits 26,050 <br /> Non-Business Licenses and Permits 613,693 <br /> Charges for Services 23,000 <br /> Public Safety 54,000 <br /> Municipal Fines 100,000 <br /> Intereston Investments 65,000 <br /> Engineering/Planning Fees 153,849 <br /> Administrative Fees 133,000 <br /> Franchise Fees 59,000 <br /> Miscellaneous 226.783 <br /> TOTAL GENERAL FUND REVENUES $5,075,562 <br /> EXPENDITURES: <br /> Administration <br /> Mayor and Council $ 75,990 <br /> Elections 13,140 <br /> Administration 397,002 <br /> Cable TV 2,530 <br /> Seniors 10,270 <br /> Finance 228,080 <br /> Legal Consultants 115,000 <br /> Charter Commission 6,700 <br /> Total Administration $ 848,712 <br />