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Park Improvement Fund <br /> • Revenues anticipated for 1994 are park dedication fees from the <br /> Mounds View Business Park in the amount of $12,500. Expenditure of <br /> $12,500 for one-half the cost of a bridge for the Silver View Park trail <br /> have been budgeted. <br /> Cable TV Fund <br /> Franchise fees from cable fees of $40,800 are expected in 1994. These <br /> fees fund the televising of Council meetings, A View From The Mound, <br /> and other cable programming as well as the City's contribution the <br /> Cable Commission of $14,500. <br /> • <br /> Recycling Grant Fund <br /> The City's recycling activities are funded by a grant from Ramsey <br /> County. For 1994 the City will receive $25,784. <br /> Recreation Activity Fund <br /> The City's recreation programming is accounted for in this fund. An <br /> excess of revenues over expenditures of $11 ,063 is forecast for 1994. <br /> 110 Lakeside Park <br /> The operation of Lakeside Park is shared by the City and the City of <br /> Spring Lake Park. A contribution of $7,500 from each City is proposed <br /> for 1994. <br /> General Fund <br /> At the October Work Session Council directed staff to add a Housing <br /> Inspector Intern position to the budget. This added $19,059 to the <br /> Budget. The Fire Department's Budget was revised and the City's share <br /> is $12,382 less than originally budgeted. The seventh draft of the <br /> General Fund budget is $3,139,304. That amount is a 5.43% increase <br /> over the 1994 Budget. <br /> The dollar amount of property taxes levied is an increase of 8.54% over <br /> the 1993 levy. The property tax bill of the average homeowner would be <br /> $254.65. That bill is $52.50(25.97%) more than last year's bill. <br /> Staff awaits Council's direction on the 1994 Budget. <br /> • <br />