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HomeMy WebLinkAbout2017-050 -AIkEN�HILLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 2017-050 RESOLUTION ADOPTING THE 2018 BUDGET WHEREAS,the City Administrator has prepared an annual budget and the City Council has met several times for the purpose of discussing the 2018 budget; and WHEREAS,Chapter 275, Section 065 of Minnesota Statutes requires that the City hold a public hearing to adopt a budget; and WHEREAS,The City Council held a Truth-in-Taxation public hearing on December 11, 2017,to discuss the 2018 budget and has concluded the budget as prepared is appropriate. NOW THEREFORE, BE IT RESOLVED by the City Council.of the City of Arden Hills, Minnesota, that the attached 2018 budget be adopted and approved: Revenue and Expenditures and General Fund Transfers In Transfers Out Taxes $3,795,042 General Gov't $1,305,550 Licenses& Permits $324,600 Public Safety $2,156,172 Intergovernmental $133,179 Street Maintenance $587,872 Charges for Service $585,704 Parks Maintenance $440,512 Fines&Forfeits $34,000 Recreation $266,650 Special Assessments $2,000 Contingency/Reserves $0 Miscellaneous $65,006 Transfers $420,000 Other Financing Sources $0 Other financing Uses $0 Total General Fund $4,939,531 Total General Fund $5,176,756 _ .... i Special Revenue Funds (including the EDA) $456,300 (Cable, EDA) $520,457 Debt Service Funds $0 (G.O. Tax Increment Bonds) $0 (Public Safety Cap.; Capital Capital Project Funds $1,649,361 Improvement; Equip, Bldg $4,855,358 Replacement,Park Capital) Subtotal Governmental $7,045,192 Subtotal Governmental Funds $10,552,571 Funds .......... _. Internal Service Funds $991,381 (Risk Mgmt, Engr, Tech, Central $996,218 Garage) (Water, Sewer, Recycling, Enterprise Funds $4,932,600 $8,999,5 Surface Water Management) -- TOTAL FUNDS $12,969,173 � TOTALFUNDS $20,548,300 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE ITY O RDEN HILLS THIS 11`h DAY OF DECEMBER,2017. DAVI GRANT, MAYOR ATT T: JULI ANSON, CITY CLERK