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Council member Lyden introduced the following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 96-158 <br />RESOLUTION ADOPTING THE FINAL 1997 GENERAL OPERATING BUDGET AND THE SEWER AND <br />WATER 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 General Fund revenues and expenditures for the upcoming fiscal year and, <br />WHEREAS, Based on a utility rate study, the 1997 Sewer and Water Fund budget has been established <br />by the Engineering department and should be adopted through resolution. <br />NOW THEREFORE BE IT RESOLVED: That the following General Fund operating budget be adopted on a <br />final basis for 1997: <br />1997 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Property Taxes $2,658,110 <br />Intergovernmental Revenue 794,980 <br />Business Licenses and Permits 20,270 <br />Non -Business Licenses and Permits 516,500 <br />Charges for Services 24,900 <br />Refunds and Reimbursements 42,000 <br />Franchise Fees 60,500 <br />Public Safety 63,550 <br />Municipal Fines 95,000 <br />Interest on Investments 60,000 <br />Engineering/Planning Fees 80,000 <br />Administrative Fees 118,000 <br />Miscellaneous 30,500 <br />TOTAL FINAL GENERAL FUND REVENUES $4,564,310 <br />EXPENDITURES: <br />Mayor and Council 60,130 <br />Elections 18,010 <br />Administration 308,190 <br />Cable TV 6,390 <br />Finance 227,740 <br />Legal Consultants 130,000 <br />Community Development 237,210 <br />Engineering 177,540 <br />Planning and Zoning Board 9,500 <br />Government Buildings 211,820 <br />Charter Commission 5,000 <br />Environmental Committee 2,500 <br />