HomeMy WebLinkAbout1997-162 CCRMember 4i*hlan N i'nj introduced the following resolution and moved its
• adoption:
RESOLUTION NO.
RESOLUTION TO ADOPT THE 1998 PRELIMINARY 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 1998 shall be:
1. APPROPRIATION
GENERAL FUND:
Preliminary
Organizational Unit
Amount
General Government
$1,462,683
Public Safety
4,933,782
Community Development
632,108
Public Works
2,554,895
. Social Services
Parks & Recreation
80,000
2,134,733
Convention & Tourism
209,950
Unallocated Department
468,619
Reimbursements from Other Funds
-715,538
Transfers to Capital Projects Funds
394,197
Transfers to Debt Service Funds
238,375
TOTAL GENERAL FUND $12,393,804
STREET IMPROVEMENT BONDS OF 94 DEBT SERVICE FUND $113,865
STREET IMPROVEMENT BONDS OF 95 DEBT SERVICE FUND $101,675
STREET IMPROVEMENT BONDS OF 96 DEBT SERVICE FUND $181,577
H.R.A. SPECIAL OPERATING FUND $142,242
E.D.A. SPECIAL OPERATING FUND $732,718
TOTAL APPROPRIATIONS FOR BUDGETED FUNDS $13,665,881
0
U
RESOLUTION NO. q � - 16 2
2. ESTIMATED -REVENUES:
GENERAL FUND:
General Property Taxes
$6,380,720
Special Assessments
1,000
Sales Taxes on Lodging
442,000
Licenses & Permits
345,400
Intergovernmental Revenue
3,848,814
General Government Services Charges
21,900
Public Safety Service Charges
23,700
Recreation Fees
826,270
Fines & Forfeitures
192,000
Miscellaneous Revenue
312,000
TOTAL GENERAL FUND REVENUE BY SOURCE $12,393,804
SPECIAL ASSESSMENT DEBT SERVICE FUNDS:
Special Assessments $143,335
• Miscellaneous Revenue 19,000
Transfers from General Fund 238,375
---------------
TOTAL DEBT SERVICE FUND REVENUE BY SOURCE $400,710
HOUSING & REDEVELOPMENT AUTHORITY:
General Property Taxes $126,686
Intergovernmental Revenue 15,556
---------------
TOTAL H.R.A. FUND REVENUE BY SOURCE $142,242
ECONOMIC & DEVELOPMENT AUTHORITY:
General Property Taxes $177,620
Miscellaneous Revenue 165,000
Transfers from H.R.A. & C.D.B.G. Funds 390,098
TOTAL E.D.A. FUND REVENUE BY SOURCE $732,718
TOTAL REVENUES FOR BUDGETED FUNDS $13,669,474
•
RESOLUTION NO. q 7 - I & A
Date
ATTEST: �k"
City Clerk
Mayor
T11hh/e motion for the adoption of the foregoing resolution was duly seconded by member
464 L61Srhgr\ and upon vote being taken thereon, the following voted in favor
thereof:
rhy rnA *4 1 V4e ,X(A� ren Car fhbJj Debra 4 Is+m rn Kay LAsn�n , CDl-'P+Fjee-
and the following voted against the same: 1'1 o h e
whereupon said resolution was declared duly passed and adopted.
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