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• <br />• <br />AGENDA ITEM 2B <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE December 14, 2009 <br />TOPIC Consideration of adopting Resolution No. 09 -113 adopting the final <br />2010 General Fund Operating Budget for the City of Lino Lakes <br />VOTE REQUIRED <br />Simple Majority <br />State Statutes require the City of Lino Lakes to adopt and certify a final 2010 General Fund <br />operating budget on or before December 28. <br />A public hearing is being held tonight to take public comment on the budget. A summary of the <br />proposed budget and tax levy is being presented and discussed during the public hearing. <br />The final 2010 budget represents a 6.00% decrease from the 2009 adopted budget. The City's <br />tax base contracted by about the same percentage over the same period. The City's tax levy for <br />2010 also will decrease by approximately 6% from the 2009 levy. The budget as presented <br />eliminates 5 FTE staff positions and implements unpaid furlough time for city employees. <br />Resources for capital outlay and equipment replacement, street and storm drainage maintenance <br />and repair and a contingency for unforeseen circumstances are included in the 2010 budget. <br />The City Council needs to take final action on the budget at this time. Staff recommendation is to <br />adopt Resolution No. 09 -113 approving the final 2009 General Fund Operating Budget. <br />1. Adopt Resolution No. 09 -113. <br />2. Refer to Staff for further review. <br />3. Deny Resolution No. 09 -113. <br />Option 1 <br />