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HomeMy WebLinkAbout2006-142 Council Resolution• • adoption: Council Member Reinert introduced the following resolution and moved its CITY OF LINO LAKES COUNTY OF ANOKA RESOLUTION NO. 06-142 RESOLUTION ADOPTING THE PROPOSED 2007 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 proposed General Fund revenues and expenditures for the upcoming fiscal year. NOW, THEREFORE BE IT RESOLVED that the following Proposed General Fund operating budget be adopted for 2007: 2007 PROPOSED GENERAL FUND BUDGET REVENUES: Property Taxes $7,298,995 Licenses and Permits 827,550 Intergovernmental Revenue 695,000 Charges for Services 248,500 Fines and Forfeitures 110,000 Interest on Investments 150,000 Miscellaneous 279,200 TOTAL PROPOSED GENERAL FUND REVENUES $9.609245 EXPENDITURES: Administration Community Development Public Safety Public Services Transfers TOTAL PROPOSED GENERAL FUND EXPENDITURES ne Bartell, City 1 ler —44b- $1,311,470 1,305,018 3,627,635 2,575,122 790,000 $9.609.245 7 J. B-ITeson, Mayor • • Adopted by the Lino Lakes City Council this 11th day of September, 2006. The motion for the adoption of the foregoing resolution was duly seconded by Council Member Stoltz and upon vote being taken thereon, the following voted in favor thereof: Reinert, Stoltz, O'Donnell, Bergeson The following voted against same: Carlson Whereupon said resolution was declared duly passed and adopted.