HomeMy WebLinkAbout2009-113 Council Resolution•
•
Council Member 0 Donnell introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 09-113
RESOLUTION ADOPTING THE FINAL 2010 GENERAL OPERATING
BUDGET FOR THE CITY OF LINO LAKES.
WHEREAS, Pursuant to State Statute, the Lino Lakes City Council is required to adopt a resolution
setting out final General Fund revenues and expenditures for the upcoming fiscal year.
NOW THEREFORE BE IT RESOLVED: That the following final General Fund operating budget be adopted
for 2010:
2010 FINAL GENERAL FUND BUDGET
REVENUES:
Property Taxes $7,680,232
Intergovernmental Revenue 570,323
Licenses and Permits 396,250
Charges for Services 338,950
Fines & Forfeitures 130,000
Interest on Investments 93,000
Miscellaneous 253,000
TOTAL FINAL GENERAL FUND REVENUES $9,461,755
EXPENDITURES:
Administration $1,263,540
Community Development 971,395
Public Safety 3,947,962
Public Services 2,647,007
Other 631,851
TOTAL FINAL GENERAL FUND EXPENDITURES $9,461,755
Adopted by the Lino Lakes City Council this 14th day of December, 2009.
The motion for the adoption of the foregoing resolution was duly seconded by Council Member
Ropsprand upon vote being taken thereon, the following voted in favor thereof:
O'Donnell, Roeser, Reinert, Gallup, Bergeson
The following voted against same:
none
Whereupon said resolution was declared duly passed and adopt d.
Julian e Bartell, City C -rk
•
•
AGENDA ITEM 2B
STAFF ORIGINATOR Al Rolek
MEETING DATE December 14, 2009
TOPIC Consideration of adopting Resolution No. 09 -113 adopting the final
2010 General Fund Operating Budget for the City of Lino Lakes
VOTE REQUIRED
Simple Majority
State Statutes require the City of Lino Lakes to adopt and certify a final 2010 General Fund
operating budget on or before December 28.
A public hearing is being held tonight to take public comment on the budget. A summary of the
proposed budget and tax levy is being presented and discussed during the public hearing.
The final 2010 budget represents a 6.00% decrease from the 2009 adopted budget. The City's
tax base contracted by about the same percentage over the same period. The City's tax levy for
2010 also will decrease by approximately 6% from the 2009 levy. The budget as presented
eliminates 5 FTE staff positions and implements unpaid furlough time for city employees.
Resources for capital outlay and equipment replacement, street and storm drainage maintenance
and repair and a contingency for unforeseen circumstances are included in the 2010 budget.
The City Council needs to take final action on the budget at this time. Staff recommendation is to
adopt Resolution No. 09 -113 approving the final 2009 General Fund Operating Budget.
1. Adopt Resolution No. 09 -113.
2. Refer to Staff for further review.
3. Deny Resolution No. 09 -113.
Option 1