Agenda Packets - 1993/11/01 - Laserfiche WebLink

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Park Imcrovement Fund Revenues anticipated for 1994 are park dedication fees from the Mounds View Business Park in the amount of $12,500. Expenditure of 512,5C0 for one-half the cost of a bridge for the Silver View Park trail have been budgeted. Cable TV Fund Franchise fees from cable fees of 540.800 are expected in 1994. These fees fund the televising of Council meetings. A View From The Mound, and other cable programming as well as the C4's contribution the Cable Commission of $14,500. The City's recycling activities are funded by a grant from Ramsey Ccunty. Fcr 1994 the City will receive 525,784. Recreation Activity Fund The City's recreation programming is accounted for in this fund. An excess of revenues over expenditures of $11,063 is forecast for 1994. Lakeside Park The operation of Lakeside Park is shared by the City and the City of Spring Lake Park. A contribution of 57,500 from each City is proposed fcr 1994. General Fund At the October Work Sessicn Council directed staff to add a Housing Inspector Intern position to the budget. This added S19,C59 to the Budget. The Fire Oepartmcnt's Budget was revised and the City's share is S12382 less than originally budgeted. The seventh draft of the General Fund budget is 53,139,304. That amount is a 5.43% increase over the 1994 Budget. The dollar amount of property taxes levied is an increase of 8.54% over the 1993 ley. The property tax bill of the average homeowner would be $254.65. That bill is $5250(25.97%) more than last year's bill. Staff awaits Ccundl's direction on the 1994 Budget.