HomeMy WebLinkAbout1997-172 Council ResolutionCouncil member Kuether
introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 97-172
RESOLUTION ADOPTING THE FINAL 1998 GENERAL OPERATING AND THE WATER
AND SEWER BUDGETS FOR THE CITY OF LINO LAKES
WHEREAS, Pursuant to State Statute, the Lino Lakes City Council is required to adopt a resolution
setting final General Fund revenues and expenditures for the upcoming fiscal year, and
WHEREAS, Based on the last utility rate study, the 1998 Sewer and Water Fund budgets have been
established by the Engineering Department and should be adopted through resolution.
NOW THEREFORE BE IT RESOLVED: That the following General Fund operating budget be adopted for
1998:
1998 FINAL GENERAL FUND BUDGET
REVENUES:
Property Taxes $2,914,630
Intergovernmental Revenue 850,710
Business Licenses and Permits 22,970
Non -Business Licenses and Permits 424,350
Charges for Services 22,900
Refunds and Reimbursements 50,000
Franchise Fees 55,590
Public Safety 65,950
Municipal Fines 100,000
Interest on Investments 65,000
Engineering/Planning Fees 90,000
Administrative Fees 183,000
Miscellaneous 21,000
TOTAL GENERAL FUND REVENUES $4,866,100
EXPENDITURES:
Mayor and Council 69,630
Elections 12,990
Administration 323,030
Cable TV 2,530
Finance 231,410
Legal Consultants 145,000
Community Development 294,260
Engineering 133,190
Planning and Zoning Board 9,940
Government Buildings 182,490
Charter Commission 6,710
Police 1,397,490
Fire 271,850
Page 2
Expenditures Continued
Building Inspections 162,140
Streets 519,460
Solid Waste Abatement 30,170
Fleet Management 190,320
Parks 481,270
Recreation 127,380
Park Board 9,620
Environmental Committee 69,360
Forestry 70,860
Contingency 50,000
Salary Reserve 75,000
TOTAL GENERAL FUND EXPENDITURES $4,866,100
LET IT BE FURTHER RESOLVED: That the following Water and Sewer Budgets be adopted for 1998:
1998 WATER FUND BUDGET
Revenues $ 712,960
Expenditures $ 692,380
Difference $ 20,580
1998 SEWER FUND BUDGET
Revenues $ 700,000
Expenditures $ 739,400
Difference $ (39,400)
Adopted by the Lino Lakes City Council this 15th day of December, 1997.
MarHyn G. Anderson, Clerk -Treasurer
n Landers, Mayor
The motion for the adoption of the foregoing resolution was duly seconded by Council Member Neal
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: