HomeMy WebLinkAbout2000-080 Council ResolutionCouncil member) -UP l' N,; jL introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 00-80
RESOLUTION ADOPTING THE PROPOSED 2001 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 2001:
2001 PROPOSED GENERAL FUND BUDGET
REVENUES:
Property Taxes $4,215,973
Intergovernmental Revenue 369,700
Licenses and Permits 721,318
Charges for Services 250,000
Fines & Forfeitures 100,000
Interest on Investments 90,000
Miscellaneous 376,800
TOTAL PROPOSED GENERAL FUND REVENUES $6,123,791
EXPENDITURES:
Administration $1,050,552
Community Development 826,805
Public Safety 2,279,656
Public Services 1,966,778
TOTAL PROPOSED GENERAL FUND EXPENDITURES $6,123,791
Adopted by the Lino Lakes City Council this 11th day of September, 2000.
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John ergeson, Mayor
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Ry-dhel Gaustad, Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by Council Member
and upon vote being taken thereon, the following voted in favor thereof: c Ul`a=J
The following voted against same: \
Where upon said resolution was declared duly passed and adopted:
AGENDA ITEM 4A
STAFF ORIGINATOR Al Rolek
DATE September 6, 2000
TOPIC Consideration of adopting the proposed 2001 Operating Budget for
the City of Lino Lakes
Simple Majority
VOTE REQUIRED
BACKGROUND
Truth in Taxation requires the City of Lino Lakes to adopt and certify a proposed 2001 operating
budget on or before September 15th of each year.
The 2001 budget is proposed with a 10.07% increase over the 2000 budget. The City
experienced growth of 13.06% over the same period.
The department budgets within the proposed budget will be further reviewed by the City Council
and staff between September 15th and November 19th, for changes, if needed.
OPTIONS
1. Adopt the proposed 2001 Operating Budget.
RECOMMENDATION
Option 1