HomeMy WebLinkAbout2010-111 Council Resolution•
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Council Member Roeser
introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 10 -111
RESOLUTION ADOPTING THE FINAL 2011 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:
2011 FINAL GENERAL FUND BUDGET
REVENUES:
Property Taxes $7,605,240
Intergovernmental Revenue 567,282
Licenses and Permits 412,200
Charges for Services 373,900
Fines & Forfeitures 135,000
Interest on Investments 60,000
Miscellaneous 286,000
TOTAL FINAL GENERAL FUND REVENUES $9,439,622
EXPENDITURES:
Administration $1,241,195
Community Development 906,329
Public Safety 3,874,233
Public Services 2,656,296
Other 761,569
TOTAL FINAL GENERAL FUND EXPENDITURES $9,439,622
Adopted by the Lino Lakes City Council this 13th day of December, 2010.
The motion for the adoption of the foregoing resolution was duly seconded by Council Member Gallup
and upon vote being taken thereon, the following voted in favor thereof:
Roeser, Gallup, Rafferty, O'Donnell, Reinert
The following voted against same:
none
Whereupon said resolution was declared duly passed a
e Bartell, Ci Clerk
A -3
Jeff Reinert, i a o
AGENDA ITEM 2A (ii)
STAFF ORIGINATOR Al Rolek
MEETING DATE December 13, 2010
TOPIC Consideration of adopting Resolution No. 10 -111 adopting the final
2011 General Fund Operating Budget for the City of Lino Lakes
VOTE REQUIRED
CKGROUND
Simple Majority
State Statutes require the City of Lino Lakes to adopt and certify a final 2011 General Fund
operating budget on or before December 28.
A public hearing was held tonight to take public comment on the budget. A summary of the
proposed budget and tax levy was presented and discussed during the public hearing.
The final 2011 budget represents a 0.23% decrease from the 2010 adopted budget. The City's
tax base contracted by about 9.5% over the same period. The City's tax levy for 2011 will
decrease by approximately 0.40% from the 2010 levy. The budget as presented eliminates 3.5
FTE staff positions accomplished through attrition and shifts in work responsibilities. Resources
for capital outlay and equipment replacement, street and storm drainage maintenance and repair
and a contingency for unforeseen circumstances are included in the 2011 budget.
The City Council needs to take final action on the budget at this time. Staff recommendation is to
adopt Resolution No. 10 -111 approving the final 2011 General Fund Operating Budget.
1. Adopt Resolution No. 10 -111.
2. Refer to Staff for further review.
3. Deny Resolution No. 10 -111.
RECOM
�NDA`;
ON
Option 1