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HomeMy WebLinkAboutResolution No. 524-10 �i 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, 2011 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 $44, 832, 300 Tax Abatement Levy 1, 000, 000 Non-property Taxes 4, 795, 000 Licenses and Permits 2,463, 828 Fines, Forfeits and Penalties 1, 258, 130 Intergovernmental Revenue 17, 948, 032 Charges for Services 39, 909, 059 Miscellaneous Revenues 56, 685, 224 Prior Year Revenues 6, 257, 289 TOTAL REVENUE $ 175, 148, 862 APPROPRIATIONS Employee Services $ 62, 995, 974 Other Current Expenses 51, 432, 624 • Capital Outlay 2, 541, 682 Capital Improvements 50, 929, 632 Debt Service 7, 248, 950 TOTAL APPROPRIATIONS $175, 148, 862 BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked "Adopted 2011 Budget" be placed on file in the City Clerk' s Office, and that effective January 1, 2011, 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 Com on Council of the City of Rochester, Minnesota, at a meeting her of held t s 0 h day of December, 2010 . President of said ommon Council Attest DZFUTY Cit C er Approved this Lqh& day of December, 2010 Mayor of said City (Seal of the City of Rochester, Minnesota)