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A RESOLUTION TO ADOPT THE <br />1997 DEBT SERVICE BUDGET <br />BE IT RESOLVED, by the City Council of the City of Orono, County' of Hennepin. <br />Minnesota that the 1997 Debt Sen ice budget is determined to be as follows: <br />1982 1991 <br />Estimated Revenues Improvement Bonds Public Facilities E <br />Taxes $ 4.500 $ 225,000 <br />Homestead Credit - -30,020 <br />Transfer From Other Funds - -130.000 <br />Interest Income 1,350 19.880 <br />Use of Fund Balance 13.315 - - <br />Total Revenues S 19.165 $ 404.900 <br />Appropriated Expenditures <br />Debt Ser\'ice S 19,025 $ 404,900 <br />Other 140 - - <br />Total Expenditures S 19.165 S 404.900 <br />1992 1995 (1985) <br />Estimated Revenues Improvement Bonds Refunding Bonds <br />Taxes $ 30,000 $ 30,000 <br />Special Assessments 97.410 14,940 <br />Homestead Credit 8,000 8,000 <br />Interest Income 42,750 5,710 <br />Use of Fund Balance 13.630 16.500 <br />Total Revenues S 191.790 S 75.150 <br />Appropriated Expenditures <br />Debt Service $ 189,190 $ 73,575 <br />Other 2.600 1.575 <br />Total Expenditures $ 191.790 S 75.150 <br />Adopted by the City Council of the City of Orono. Minnesota at a regular meeting held <br />December 9, 1996. <br />ATTEST: ______________ <br />Edward J. Callahan, Jr., Mayor <br />Dorothy M. Hallin, City Clerk