Passed and Adopted by the Fridley City Council on December 27, 2016.
Legal publication:
City of Fridley
A resolution adopting a budget for the year 2017 and a revised budget for the year 2016
WHEREAS, The City Manager and Finance Director have presented to the City Council a proposed 2017 Budget and a Revised 2016 Budget as stipulated by Chapter 7, Section 7.04 of the City Charter, and
WHEREAS, The City Council has held a public meeting and has concluded the budget as prepared is appropriate;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fridley that the 2017 Budget and the 2016 Revised Budget are hereby approved and adopted with the official copy being on file with the City Clerk.
CONSOLIDATED BUDGETS SUMMARY - ALL GOVERNMENTAL FUNDS
2016 Revised 2017 Budget
Revenues
By Source:
Taxes & Assessments $ 11,630,000 $ 11,590,000
User Fees & Charges 2,810,100 2,974,200
Licenses and Permits 1,078,300 1,006,000
Intergovernmental Revenue 5,254,000 3,002,400
Other Income 523,700 510,300
Transfers 1,490,000 732,600
Other Sources - Bond Proceeds - 50,000,000
Total Revenue $ 22,786,100 $ 69,815,500
Expenditures
By Program:
Public Safety $ 7,883,500 $ 8,513,800
Public Works 4,787,600 4,762,000
Parks & Recreation 3,770,100 1,916,100
Community Development 1,575,000 1,631,700
General Government 5,583,500 52,087,000
Total Expenditures by Program $ 23,599,700 $ 68,910,600
By Category:
Personnel $ 12,584,600 $ 13,238,800
Supplies 893,600 883,500
Services & Charges 3,429,600 3,387,900
Capital Outlay 5,690,400 51,276,000
Transfers 1,001,500 124,400
Total Expenditures by Category $ 23,599,700 $ 68,910,600
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 27TH DAY OF DECEMBER, 2016.
ATTEST:
/S/DEBRA A. SKOGEN - CITY CLERK /s/SCOTT J. LUND - MAYOR