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t . „ <br />A RESOLUTION TO ADOPT THE <br />1996 DEBT SERVICE BUDGET <br />BE IT RESOLVED, by the City Council of the City of Orono, <br />County of Hennepin, Minnesota that the 1996 Debt Service budget is <br />determined to be as follows: <br />1982 <br />Improve <br />1985 <br />Improve <br />Bonds <br />Taxes $ 4,500 $46,000 <br />Special Assessments - -16,690 <br />In t e rgove rnme nt a1 - -- - <br />Interest Income 2,000 14,550 <br />Transfers From Other Funds - -- <br />Use of Fund Balance 14,186 13.910 <br />TOTAL Revenues S 20.686 $91.150 <br />AooroDriated Expenditure <br />Debt Service $ 20,506 $90,070 <br />Other 180 1,080 <br />Transfers to Other Funds - <br />TOTAL Expenditures $ 20.606 $91.150 <br />1989 <br />1991 <br />Public Facil 1992 <br />Revenue Revenue Improve <br />Estimated Revenues Bonds Bonds Bonds <br />Taxes $ 90,000 $228,400 $ 24,000 <br />Special Assessments 73,980 - -103,755 <br />Intergovernmental - -35,442 — — <br />Interest Income -24,515 43,000 <br />Sewer Operations 34,806 - -— — <br />Transfers From Other Funds - -130,000 — — <br />Use of Fund Balance <br />TOTAL Revenues <br />106.870 - -15.130 <br />$305,656 $410.357 $185,885 <br />AoDrooriated Expenditure <br />Debt Service $303,031 $404,515 $183,145 <br />Other 2,625 -2,740 <br />Transfers to Other Funds <br />TOTAL Expenditures <br />- --- - <br />$305,656 $404.515 $185,385 <br />Adopted by the City Council of the City of Orono, Minnesota at <br />a regular meeting held December 11, 1995. <br />ATTEST:Edward J. Callahan, Jr., Mayor <br />Dorothy M. Hcllin, City Clerk 120799.2