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2016 Annual Budget Adopted
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2016 Annual Budget Adopted
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1/29/2016 12:11:22 PM
Creation date
1/27/2016 3:40:42 PM
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Finance Dept
Finance Category
Budget
Date
12/14/2015
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CITY OF LINO LAKES <br />RESOLUTION NO. 15-142 <br />RESOLUTION ADOPTING THE FINAL 2016 GENERAL FUND OPERATING BUDGET <br />WHEREAS, pursuant to Minnesota State Statute, the Lino Lakes City Council is required to adopt a resolution <br />setting out final General Fund revenues and expenditures for the upcoming fiscal year. <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes, that the following final <br />General Fund operating budget be adopted for 2016: <br />2016 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Property Taxes $7,123,572 <br />Intergovernmental Revenue 655,000 <br />Licenses & Permits 491,983 <br />Charges for Services 309,550 <br />Fines & Forfeitures 150,500 <br />Interest on Investments 30,000 <br />Miscellaneous 1,115,889 <br />TOTAL FINAL GENERAL FUND REVENUES $9,876,494 <br />EXPENDITURES: <br />Administration $1,288,187 <br />Community Development 758,040 <br />Public Safety 4,407,187 <br />Public Services 2,758,080 <br />Other 665,000 <br />TOTAL FINAL GENERAL FUND EXPENDITURES $9,876,494 <br />Adopted by the Council of the City of Lino Lakes this 14th day of December, 2015. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />and was duly seconded by Council Member and upon vote being taken <br />thereon, the following voted in favor thereof: <br />The following voted against same: <br />ATTEST: <br />Julianne Bartell, City Clerk <br />A-2 <br />Jeff Reinert, Mayor <br />
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