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<br />.. <br /> <br />CITY OF ARDEN HILLS <br />RAMSEY COUNTY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 97-61 <br />RESOLUTION ADOPTING THE 1998 BUDGET <br /> <br />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 /> <br />WHEREAS, Chapter 275, Section 065 of Minnesota Statutes requires that the City hold a <br />public hearing to adopt a budget; and <br /> <br />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 /> <br />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 /> <br /> Revenue and Expenditures 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 /> Fines & Forfeits 26,000 Other Financing Uses 182,550 <br /> Miscellaneous 47,970 <br /> Other Financing Uses 49.000 <br /> Total General Fund 2,540,445 2,540,230 <br /> Special Revenue Funds 346,190 (Comm. Svc. Program, 475,805 <br /> Park, Cable, TCAAP <br /> Insurance Deductible) <br /> Debt Service Funds 3,099,750 (Advance Refunding, 3,950,000 <br /> G.O.Tax Increment Bonds) <br /> 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 /> <br />. <br /> <br />Cc I't'nJ tf' <br />. ill, ie' <br />, "(j . <br />