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Council member Elliott introduced the following resolution and <br />moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NUMBER 94-96 <br />RESOLUTION ADOPTING THE FINAL 1995 GENERAL OPERATING BUDGET AND <br />THE SEWER AND WATER BUDGETS FOR THE CITY OF LINO LAKES. <br />WHEREAS, Pursuant to State Statute, the Lino Lakes City Council is required to <br />adopt a resolution setting out General Fund revenues and expenditures <br />for the upcoming fiscal year and, <br />WHEREAS, Based on a utility rate study, the 1995 Sewer and Water Fund budget <br />has been established by the Engineering department and should be <br />adopted through resolution. <br />NOW THEREFORE BE IT RESOLVED: That the following General Fund operating <br />budget be adopted on a final basis for 1995: <br />1995 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Levy $1,922,353.00 <br />Intergovernmental Revenue 658,224.00 <br />Business Licenses and Permits 20,320.00 <br />Non -Business Licenses and Permits 321,450.00 <br />Charges for Services 30,300.00 <br />Public Safety 100,150.00 <br />Municipal Fines 80,000.00 <br />Investments 50,000.00 <br />Miscellaneous 67,000.00 <br />Non -Revenue Receipts 301,787.00 <br />Reserves 50,000.00 <br />TOTAL FINAL GENERAL FUND REVENUES $3,601,584.00 <br />EXPENDITURES: <br />Mayor and Council <br />Elections <br />Page 1 <br />52,698.00 <br />6,663.00 <br />