HomeMy WebLinkAboutResolution 3814 � O�
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� G'�' RESOLUTION � T�Hy�TY C�OUNCIL
- L�kESHOg'� NO.
A RESOLUTION TO ADOPT THE
1997 DEBT SERVICE BUDGET
BE IT RESOLVED,by the City Council of the City of Orono,County of Hennepin,
Minnesota that the 1997 Debt Service budget is determined to be as follows:
1982 • 1991
Estimated Revenues Im�rovement Bonds Public Facilities Bonds
Taxes $ 4,500 $ 225,000
Homestead Credit - - 30,020
Transfer From Other Funds - - 130,000
Interest Income 1,350 19,880 �
Use of Fund Balance 13.315 --
Total Revenues 19 165 404 900
• An�ro�riated Ex�enditures
Debt Service $ 19,025 $ 404,900
Other 140 - -
Total Expenditures 19 165 404 900
1992 1995 (1985)
Estimated Revenues Improvement Bonds Refundin Bonds
Taxes $ 30,000 $ 30,000
Special Assessments 97,410 14,940
Homestead Credit 8,000 �8,000 �
Interest Income 42,750 5,710
Use of Fund Balance 13.630 16.500
Total Revenues 191 790 75 150
A�ro�riated Expenditures
Debt Service $ 189,190 $ 73,575
Other 2,600 1,575 "
Total Expenditures 191 790 75 150 ,
Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held
December 9, 1996.
• 'TEST: ��
' � � Edward J. C. an, r.,Mayor ���
, �
orothy . allin, City Clerk � •