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Council Member Bergeson <br />introduced the following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NO. 98- 169 <br />RESOLUTION ADOPTING THE FINAL 1999 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, the Lino Lakes City Council adopted resolution no. 97- 03 on January 13, 1997 establishing <br />the three year rate schedule for water and sewer services, and <br />WHEREAS, effective with bills rendered after January 1, 1999 the projected revenue generated by the <br />fee schedule is sufficient to fund the 1999 Water and Sewer Fund budgets established by <br />the Engineering Department and should be adopted through resolution. <br />NOW THEREFORE BE IT RESOLVED: The following General Fund operating budget be adopted for 1999: <br />1999 FINAL GENERAL FUND BUDGET <br />REVENUES: <br />Property Taxes $2,952,261 <br />Intergovernmental Revenue 668,926 <br />Business Licenses and Permits 26,050 <br />Non -Business Licenses and Permits 613,693 <br />Charges for Services 23,000 <br />Public Safety 54,000 <br />Municipal Fines 100,000 <br />Interest on Investments 65,000 <br />Engineering/PlanningFees 153,849 <br />Administrative Fees 133,000 <br />Franchise Fees 59,000 <br />Miscellaneous 226,783 <br />TOTAL GENERAL FUND REVENUES $5,075,562 <br />EXPENDITURES: <br />Administration <br />Mayor and Council $ 75,990 <br />Elections 13,140 <br />Administration 397,002 <br />Cable TV 2,530 <br />Seniors 10,270 <br />Finance 228,080 <br />Legal Consultants 115,000 <br />Charter Commission 6,700 <br />Total Administration $ 848,712 <br />