HomeMy WebLinkAbout1997-116 Council ResolutionCouncil member Neal
introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 97-116
RESOLUTION ADOPTING THE PROPOSED 1998 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 Preliminary General Fund operating budget be
adopted for 1998:
1998 PRELIMINARY GENERAL FUND BUDGET
REVENUES:
Property Taxes $2,895,850
Intergovernmental Revenue 796,100
Business Licenses and Permits 22,970
Non -Business Licenses and Permits 464,350
Charges for Services 22,900
Refunds and Reimbursements 68,000
Franchise Fees 55,590
Public Safety 60,950
Municipal Fines 100,000
Interest on Investments 65,000
Engineering/Planning Fees 90,000
Administrative Fees 143,000
Miscellaneous 32,000
Reserves 158,650
TOTAL PROPOSED GENERAL FUND REVENUES $4,975,360
EXPENDITURES:
Mayor and Council 69,630
Elections 20,990
Administration 391,450
Cable TV 2,530
Finance 236,410
Legal Consultants 150,000
Community Development 275,210
Engineering 159,680
Planning and Zoning Board 10,000
Government Buildings 187,290
Charter Commission 6,710
Police 1,407,000
Fire 271,850
Building Inspections 157,110
Streets 536,660
Solid Waste Abatement 62,100
Page 2
Expenditures Continued
Fleet Management 193,690
Parks 474,770
Recreation 127,880
Park Board 9,620
Environmental Committee 69,860
Forestry 79,920
Salary Reserve 75,000
TOTAL PROPOSED GENERAL FUND EXPENDITURES $4,975,360
Adopted by the Lino Lakes City Council this 8th day of Septem
1))a_ 41.011.
Marilyn G. Anderson, Clerk -Treasurer
r, 1997.
hn Landers, Mayor
The motion for the adoption of the foregoing resolution was duly seconded by Council Member Bergeson
and upon vote being taken thereon, the following voted in favor thereof: Bergeson, Kuether, Lyden,
Neal, Landers.
The following voted against same: None.
Where upon said resolution was declared duly passed and adopted: