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• <br />CITY COUNCIL <br />AGENDA ITEM 2A (ii) <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE December 9, 2013 <br />TOPIC Consideration of adopting Resolution No. 13 -131 adopting the final <br />2014 General Fund Operating Budget for the City of Lino Lakes <br />VOTE REQUIRED Simple Majority <br />BACKGROUND <br />State Statutes require the City of Lino Lakes to adopt and certify a final 2014 General Fund <br />operating budget on or before December 28. <br />A public hearing was held tonight to take public comment on the budget. A summary of the <br />proposed budget and tax levy was presented and discussed during the public hearing. <br />The final 2014 budget represents a 0.86% increase from the 2013 adopted budget. The budget <br />maintains staff complements and includes resources to continue city services at the current levels. <br />Funding for street maintenance and storm drainage maintenance and repair efforts are maintained <br />for 2014. A contingency for unforeseen circumstances is also included in the budget. Capital <br />equipment replacement needs will be met through the use of debt financing for the coming year. <br />Accumulated prior year budget surpluses and the use of drug forfeiture proceeds toward policing <br />efforts are being used to balance the budget. <br />The City Council needs to take final action to approve the budget at this time. <br />RECOMMENDATION <br />Staff recommends adoption of Resolution 13 -131. <br />ATTACHMENTS <br />Resolution 13 -131. <br />• <br />A -2 <br />