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<br />. <br />. CITY OF ARDEN fiLLS <br /> RAMSEY COUNTY <br />I- STATE OF MINNESOTA <br /> RESOLUTION NO. 97-61 <br /> RESOLUTION ADOPTING THE 1998 BUDGET <br />I WHEREAS, The City Administrator has prepared an annual budget and the City Council has <br /> met several times for the purpose of discussing the 1998 budget; and <br />I WHEREAS, Chapter 275, Section 065 of Minnesota Statutes requires that the City hold a <br /> public hearing to adopt a budget; and <br />I WHEREAS, The City Council held a Truth in Taxation public hearing on December 4, 1997 to <br /> discuss the 1998 budget and has concluded the budget as prepared is appropriate <br />. as adjusted for the scope of the 1998 Street Improvements. <br />I NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, <br /> Minnesota, that the attached 1998 budget be adopted and approved: <br />I Revenue and Exnenditures and <br /> General Fund Transfers in Transfers out <br /> Taxes $1,836,035 General Gov't $ 549,600 <br />.. Licenses & Permits 196,850 Public Safety 960,675 <br /> Intergovernmental 325,490 Street Maintenance 534,955 <br /> Charges for Service 30,100 Parks Maintenance 312,450 <br />I Fines & Forfeits 26,000 Other Financing Uses 182,550 <br /> Miscellaneous 47,970 <br /> Other Financing Uses 49.000 <br />I Total General Fund 2,540,445 2,540,230 <br /> Special Revenue Funds 346,190 (Comm. Svc. Program, 475,805 <br />I Park, Cable, TCAAP <br /> Insurance Deductible) <br />I Debt Service Funds 3,099,750 (Advance Refunding, 3,950,000 <br /> G.O.Tax Increment Bonds) <br />I Capital Project Funds 1.921.750 (Non-Assess. Road Imprv., 1,938,900 <br /> Mun. Bldgs., PIR, Cap & <br />. Fire Equip Sinking) <br /> Subtotal Governmental <br /> Funds $7,908,135 $8,904,935 <br />I <br />.- <br />I <br />