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HomeMy WebLinkAbout07-75 CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 07-75 RESOLUTION ADOPTING THE 2008 BUDGET WHEREAS, the City Administrator has prepared an annual budget and the City Council has met several times for the purpose of discussing the 2008 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 3, 2007, to discuss the 2008 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 2008 budget be adopted and approved: Revenue and Expenditures and General Fund Transfers In Transfers Out Taxes $2,814,348 $239,100 $121,179 $383,518 $35,000 -."".---.-.----.----...--..... $48,050 Licenses & Permits Intergovernmental Charges for Service I F I" Special Revenue Funds i (including the EDA) $1,695,000 I Debt Service Funds $280,150 I I Capital Project Funds $770,000 General Gov't $1,105,730 Public Safety $1,422,960 i .."..". ........_---~--~ $259,725 I -.--" "----". .""...."...............-... .-----.---"--"-i Par~~ Maint~~~c_e__"___" $378,050j , $201,275 ......._ .______,__.__.__.__._____.__._..__.__.__~________ ______.__..u__..n..u__....____. $62,100 _._._---,_._.,.~.- .._------------~- $211,355 Street Maintenance Recreation Capital Outlay (Comm. Svc., Park, Cable, TCAAP Insurance Deductible, EDA) (Advance Refunding, G.O. Tax Increment Bonds) (Public Safety Cap.; Capital Improvement; Equip, Bldg Re lacement) $1,542,705 $280,150 $375,555 Revenue and Expenditures and General Fund Transfers In Transfel's Out Enterprise Funds $3,126,786 (Water, Sewer, Recycling, Surface Water Management - excludin Capital Outlay) $3,491,954 ATTEST"U; MOftk MICHEL E OLFE, CITY ADMINISTRATOR