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HomeMy WebLinkAboutResolution No. 652-04 F 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, 2005 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 $31, 190, 616 Tax Abatement Levy 1, 180, 000 Non-property Taxes 3 , 500, 000 Licenses and Permits 2, 643 , 367 Fines, Forfeits and Penalties 1, 278, 500 Intergovernmental Revenue 26,473 ,334 Charges for Services 26, 340, 181 Miscellaneous Revenues 64, 955, 005 Prior Year Revenues 16, 900, 227 TOTAL REVENUE $ 174, 461, 230 APPROPRIATIONS Employee Services $ 48, 921, 407 Other Current Expenses 30, 123 , 799 Capital Outlay 2 , 802 ,521 • Capital Improvements 82, 845, 902 Debt Service 3 , 535,404 Operating Transfers 6', 232 , 197 TOTAL APPROPRIATIONS $174, 461, 230 BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked "Adopted 2005 Budget" be placed on file in the City Clerk' s Office, , and that effective January 1, 2005, 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, at a meeting thereof held th�.s 20th day of December, 2004 .. r sident of said Common Council Attest C&fy Clerk Approved this /s% day of December, 2004 Mayor of said City (Seal of the City of Rochester, Minnesota)