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HomeMy WebLinkAboutResolution No. 580-11 R E S O L U T I O N BE IT RESOLVED that the annual budget of the City of Rochester, Minnesota for the fiscal year beginning January 1 , 2012 which has been submitted by the several departments and modified and approved by the City Council is hereby adopted: The totals of said budget and major divisions thereof being as follows: REVENUE TO SUPPORT General Property Tax Levy $46,934,440 Tax Abatement Levy 1 ,000,000 Non-property Taxes 9,196,022 Licenses and Permits 2,545,915 Fines, Forfeits and Penalties 1 ,027,268 Intergovernmental Revenue 29,227,934 Charges for Services 42,023,634 Miscellaneous Revenues 24,895,766 Prior Year Revenues 5,560,687 TOTAL REVENUE $162,411,666 APPROPRIATIONS Employee Services $64,0961297 • Other Current Expenses 57,085,347 Capital Outlay 2,975,595 Capital Improvements 30393,607 Debt Service 7:860,820 TOTAL APPROPRIATIONS $162,41 1 ,666 BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked "Adopted 2012 Budget" be placed on file in the City Clerk's Office, and that effective January1, 2012, 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 th Common Council of the City Of Rochester, Minnesota, at eeting th a held this 19th day of December, 2011. President of said Common Council Atte s City 04erk Approved this tOW day of December, 2011 rot-/+ Mayor of said City • (Seal of the City of Rochester, Minnesota)