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HomeMy WebLinkAbout97-061 .. CITY OF ARDEN HILLS RAMSEY COUNTY STATE OF MINNESOTA RESOLUTION NO. 97-61 RESOLUTION ADOPTING THE 1998 BUDGET WHEREAS, The City Administrator has prepared an annual budget and the City Council has met several times for the purpose of discussing the 1998 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 4, 1997 to discuss the 1998 budget and has concluded the budget as prepared is appropriate as adjusted for the scope of the 1998 Street Improvements. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, Minnesota, that the attached 1998 budget be adopted and approved: Revenue and Expenditures and General Fund Transfers in Transfers out Taxes $1,836,035 General Gov't $ 549,600 . Licenses & Permits 196,850 Public Safety 960,675 Intergovernmental 325,490 Street Maintenance 534,955 Charges for Service 30,100 Parks Maintenance 312,450 Fines & Forfeits 26,000 Other Financing Uses 182,550 Miscellaneous 47,970 Other Financing Uses 49.000 Total General Fund 2,540,445 2,540,230 Special Revenue Funds 346,190 (Comm. Svc. Program, 475,805 Park, Cable, TCAAP Insurance Deductible) Debt Service Funds 3,099,750 (Advance Refunding, 3,950,000 G.O.Tax Increment Bonds) Capital Project Funds 1 921.750 (Non-Assess. Road Imprv., 1,938,900 Mun. Bldgs., PIR, Cap & Fire Equip Sinking) Subtotal Governmental Funds $7,908,135 $8,904,935 . Cc I't'nJ tf' . ill, ie' , "(j . . ~. . Resolution No. 97-61 Page Two Enterprise Funds $ 2.260.860 TOTAL ALL FUNDS $10.168.995 Deeember 15, 1997 (Water, Sewer, Recycling, Surface Water Management- excluding Capital Outlay) $ 2.246.145 $11.151.080 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 15TH DAY OF DECEMBER, 1997. ATTEST: R CITY ADMINISTRATOR ... '. - . e. . STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF ARDEN HILLS CERTIFICATION I hereby certifY that the attached resolution is a true and correct copy of the resolution presented to and adopted by the City of Arden Hills at a duly authorized meeting thereof held on the 15th day of December, 1997, as shown by the minutes of said meeting in my possession. (SEAL)