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Council member Kuether <br />introduced the following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 97-172 <br />RESOLUTION ADOPTING THE FINAL 1998 GENERAL OPERATING AND THE WATER <br />AND SEWER 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 final General Fund revenues and expenditures for the upcoming fiscal year, and <br />WHEREAS, Based on the last utility rate study, the 1998 Sewer and Water Fund budgets have been <br />established 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 for <br />1998: <br />1998 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Property Taxes $2,914,630 <br />Intergovernmental Revenue 850,710 <br />Business Licenses and Permits 22,970 <br />Non -Business Licenses and Permits 424,350 <br />Charges for Services 22,900 <br />Refunds and Reimbursements 50,000 <br />Franchise Fees 55,590 <br />Public Safety 65,950 <br />Municipal Fines 100,000 <br />Interest on Investments 65,000 <br />Engineering/Planning Fees 90,000 <br />Administrative Fees 183,000 <br />Miscellaneous 21,000 <br />TOTAL GENERAL FUND REVENUES $4,866,100 <br />EXPENDITURES: <br />Mayor and Council 69,630 <br />Elections 12,990 <br />Administration 323,030 <br />Cable TV 2,530 <br />Finance 231,410 <br />Legal Consultants 145,000 <br />Community Development 294,260 <br />Engineering 133,190 <br />Planning and Zoning Board 9,940 <br />Government Buildings 182,490 <br />Charter Commission 6,710 <br />Police 1,397,490 <br />Fire 271,850 <br />