HomeMy WebLinkAboutResolution No. 253-19 .1 - Resolution Adopting 2020 City Budget
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, 2020 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 $79,524,771
Tax Abatement Levy 0
Non-property Taxes 9,666,300
Licenses and Permits 5,065,777
Fines, Forfeits and Penalties 909,808
Intergovernmental Revenue 107,802,770
Charges for Services 59,004,339
Miscellaneous Revenues 122,064,231
Prior Year Revenues 9,499,737
TOTAL REVENUE $393,537,733
APPROPRIATIONS
Employee Services $94,828,865
Other Current Expenses 90,750,043
Capital Outlay 3,921,449
Capital Improvements 190,651,051
Debt Service 13,386,325
TOTAL APPROPRIATIONS $393,537,733
BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked
"Adopted 2020 Budget" be placed on file in the City Clerk's Office, and that effective January
1, 2020, 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 _______________, 2019.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2019.
________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res15\\Approve\\COR Budget20