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j, 'EST FOR COUNCILACTION
<br />REQU�
<br />AGENDA SECTION'.' ORIGiNATING DEPT. /DI V-:,
<br />He ari n, g s Adm inist rat i,on,
<br />A No.,. ITEM DESCRIPT110W., Proposed 1985 Budget and Uses of' Revenue
<br />9-( Sharing, Funds
<br />. DATE*
<br />'YEPT. HEAD APPROVAL.
<br />Submitted under s�epaTate cover is the 1985 priopolsed budget. Included in the
<br />budget are the proposed uses of an estimated $150,760 in General Revenue
<br />a
<br />Sharing fundsi. It 'is also recommended that $1,20�,4,00 available from prior
<br />yeairls' Revenue Sharing Funds (interest earnings and undesignated funds)
<br />be authiorized, for expendl'Iture in 1984,
<br />At a Work, Session c�ond,uct,ed on July 30.,, the-Council reviewed the proposed
<br />budget priogriams, and uses of Revenue Sharina funds in a preliminary manner,
<br />%.I
<br />The proposed budgeti calls for expenditures of' $121,,2331,,700, which is an
<br />0 i of' $2179,8,S4, or, 2'.34% over 1984. The tax levy needed to financ,
<br />increase,
<br />this lilt udget. is $14,,440,935, r of $191160, or, 4.52%, over 1984.
<br />This results 1 " n a mill rate of 13.07 millS, a .42 mill increase over
<br />1984. This levy is within the levy 11imlitatiLonper state statutes,
<br />The proposed uses of
<br />® Revenue Sharing funds s attached,
<br />The 1985 - 19819 Capital Improvement Program will be' completed and provided
<br />to the Council the weiek, of August 27. The, C.I.P. has been updated to
<br />riefl,ect changing priorities and, revised cost estim,at,eis., Included is the 5-year
<br />Lo-program for pathways.
<br />Copies of the proposed 1985 budget are available at the Ramsey Count
<br />Library, and the City Hall for review.
<br />COUNCIL ACTION REQU'ESTE,D.e Motion continuin,g adoption of the 1985 Annual
<br />Budget and 8 1989 Capital Improvement
<br />Program to thel, September 10, 1984 regular Council
<br />Meeting .
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