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HomeMy WebLinkAboutResolution No. 638-05 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, 2006 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 $33, 979, 505 Tax Abatement Levy 1, 180, 000 Non-property Taxes 5,450, 000 Licenses and Permits 2, 755, 876 Fines, Forfeits and Penalties 1, 206, 700 Intergovernmental Revenue 24,320, 277 Charges for Services 27, 240,414 Miscellaneous Revenues 62, 110, 041 Prior Year Revenues 33, 992, 330 TOTAL REVENUE $ 192, 235, 143 APPROPRIATIONS Employee Services $ 51, 720, 337 Other Current Expenses 34, 459, 081 Capital Outlay 2, 939, 173 • Capital Improvements 85, 253, 554 Debt Service 4, 527, 680 Operating Transfers 13, 335, 318 TOTAL APPROPRIATIONS $192, 235, 143 BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked "Adopted 2006 Budget be placed on file in the City Clerk' s Office, and that effective January 1, 2006, 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 t r of held this 19th day of December, 2005 . President of said Common Council Attest )City Clerk Approved this ZON day of December, 2005 l— Mayor of said City • (Seal of the City of Rochester, Minnesota)