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HomeMy WebLinkAbout1996-242 CCR1 its adoption: Member Kathleen Carmody introduced the following resolution and moved RESOLUTION NO. 96 242 RESOLUTION TO ADOPT THE 1997 FINAL BUDGET WHEREAS, the City of Brooklyn Center is annually required by Charter and state law to adopt an annual budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the appropriations for budgeted funds for the calendar year 1997 shall be: 1. APPROPRIATIONS: GENERAL FUND: Preliminary Organizational Unit Amount General Government $2,053,620 Public Safety 5,224,169 Public Works 1,969,690 Social Services 80,000 Parks Recreation 2,296,742 Convention Tourism 206,570 Risk Management 167,000 Unallocated Department 202,700 Reimbursements from Other Funds 699,141 Transfers to Capital Projects Funds 394,197 Transfers to Debt Service Funds 230,440 TOTAL GENERAL FUND $12, 125,987 STREET IMPROVEMENT BONDS OF 94 DEBT SERVICE FUND $113,765 STREET IMPROVEMENT BONDS OF 95 DEBT SERVICE FUND $101,275 STREET IMPROVEMENT BONDS OF 96 DEBT SERVICE FUND $51,600 H.R.A. SPECIAL OPERATING FUND $139,483 E.D.A. SPECIAL OPERATING FUND $3,324,989 TOTAL APPROPRIATIONS FOR BUDGETED FUNDS $15,857,099 1 1 RESOLUTION NO. 96 -242 2. ESTIMATED REVENTJF,S: GENERAL FUND: General Property Taxes Special Assessments Sales Taxes on Lodging Licenses Permits Intergovernmental Revenue General Government Services Charges Public Safety Service Charges Recreation Fees Fines Forfeitures Miscellaneous Revenue Transfers from Other Funds TOTAL GENERAL FUND REVENUE BY SOURCE $6,239,878 2,000 435,000 300,160 3,671,405 21,020 19,900 862,624 192,000 282,000 100,000 $12,125,987 SPECIAL ASSESSMENT DEBT SERVICE FUNDS: Special Assessments $127,825 Miscellaneous Revenue 15,000 Transfers from General Fund 230,440 TOTAL DEBT SERVICE FUND REVENUE BY SOURCE $373,265 HOUSING REDEVELOPMENT AUTHORITY: General Property Taxes $121,179 Intergovernmental Revenue 18,304 TOTAL H.R.A. FUND REVENUE BY SOURCE $139,483 ECONOMIC DEVELOPMENT AUTHORITY: General Property Taxes $173,750 Miscellaneous Revenue 122,000 Transfers from H.R.A. C.D.B.G. Funds 398,454 TOTAL E.D.A. FUND REVENUE BY SOURCE $694,204 TOTAL REVENUES FOR BUDGETED FUNDS $13,332,939 1 RESOLUTION NO. December 16, 1996 Date ATTEST: 96 242 City Clerk and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. Maydr The motion for the adoption of the foregoing resolution was duly seconded by member Debra Hilstrom and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom, and Charles Nichols;