HomeMy WebLinkAboutResolution No. 392-18 (b) - OperatingBudget.2019
RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the annual budget
of the City of Rochester, Minnesota for the fiscal year beginning January 1, 2019 which has been
submitted by the several departments and modified and approved by the City County is hereby
adopted:
The total of said budget and major divisions thereof being as follows:
REVENUE TO SUPPORT THE BUDGET
General Property Tax Levy $73,671,591
Tax Abatement Levy 1,000,000
Non-property Taxes 9,222,712
Licenses and Permits 4,248,555
Fines, Forfeits and Penalties 914,208
Intergovernmental Revenue 55,525,769
Charges for Services 59,126,531
Miscellaneous Revenues 78,259,932
Prior Year Revenues 2,000,161
TOTAL REVENUE $283,969,459
APPROPRIATIONS
Employee Services $91,481,352
Other Current Expenses 87,243,390
Capital Outlay 5,017,267
Capital Improvements 87,503,676
Debt Service 12,723,774
TOTAL APPROPRIATIONS $283,969,459
BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked
"Adopted 2019 Budget" be placed on file in the City Clerk's Office, and that effective January
1, 2019, the Director of Finance/Treasurer is hereby directed to cause the appropriate
accounting entries to be made in the books of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2018.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2018.
________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res15\\Approve\\COR Budget19