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HomeMy WebLinkAboutResolution 5045 � - - ,� � O� • O � O g CITY of ORONO ,� -- ,. � , ti �� G~' RESOLUTtON OF THE CITY COUNCIL ��kES�I04� � NO. a� O � � A RESOLUTION TO ADOPT THE PROPOSED 2004 GENERAL FUND BUDGET WHEREAS, at a regular meeting held on September 8,2003,the City Council of the City of Orono adopted Resolution No. 5042, establishing the Proposed 2004 General Fund Budget, and; WHEREAS,due to a misinterpretation of the overall levy limitation amount for taxes collectible in 2004, Resolution No. 5042 included an incorrect amount for the General Fund tax levy to be collectible in 2004, and; WHEREAS,to correct the 2004 General Fund budgeted revenues it is necessary to rescind Resolution No. 5042. NOW,THEREFORE,BE IT RESOLVED,by the Cit�-Council of the City of Orono, County of Hennepin,Minnesota,that Resolution No. 5042 is hereby rescinded_ ' • BE IT FURTHER RESOLVED that the proposed General Fund budget is determined to be as follows: GENER.AL FUND ESTIMATED REVENUES Taxes-General $2,651,230 Market Value Credit Lost to State of Minnesota (54,410) � Special Assessments -- Licenses and Permits 367,600 Intergovernmental 206,020 Charges for Services . 1,358,190 Fines and Forfeits 96,500 Interest Income 41,000 Miscellaneous 19,660 Transfers From Other Funds -- Total Revenues and Other Financing Sources $4,685.790 Page 1 of 2 • . � � O� • O O � CITY of ORONO r� ' �� ;. � , ti ��L �G~' RESOWTION OF THE CITY COUNCIL ` `9kEsIIOg' NO. e� O 4 �� GENER.AL FUND PROPOSED EXPENDITURES General Government $ 973,150 Public Safety 2,826,140 Street Maintenance 485,490 Parks and Recreation 64,610 • Recycling Program 90,380 Engineering -Unallocated 10,570 Reimbursable Expendiures 66,150 Special Projects and Contingency 30,000 Capital Outlay 110,000 Transfers to Other Funds 45,000 Total Expenditures and Other Financing Uses $4,701.490 � i The City Clerk is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Hennepin County, Minnesota. Adopted by the City Council of the City of Orono,Minnesota at a special meeting held September 11, 2003. �� - . ATTEST: Barbara A. Peterson,Mayor � v Linda S. Vee, City Clerk Page 2 of 2 � Tom�Resolutions�Proposed 2004 Gen Fd Budgetwpd