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WHEREAS, the City of Lake Elmo is required to adopt a formal budget for the general fund <br />revenues; <br />WHEREAS, the City of Lake Elmo held it's Truth in Taxation Hearing on December 3, 2013; <br />WHEREAS, the Lake City Council closed the public hearing on the 2014 general fund budget at <br />the close of the meeting on December 3, 2013 without need for continuation,, - <br />BE IT RESOLVED the Lake Elmo City Council adopts the 2014 general fund budget in the <br />amount of $3,163,359. <br />ADOPTED, by the Lake Elmo City Council., on the 3rd day of December 2013. <br />Mike Pearson <br />Mayor <br />Adam Bell <br />City Clerk <br />