HomeMy WebLinkAboutResolution No. 618-07 l�18-07
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, 2008
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 $38, 665, 404
Tax Abatement Levy 1, 300, 000
Non-property Taxes 4, 700, 000
Licenses and Permits 2, 857, 330
Fines, Forfeits and Penalties 1, 141, 000
Intergovernmental Revenue 25, 271, 007
Charges for Services 31, 522, 988
Miscellaneous Revenues 43, 021, 725
Prior Year Revenues 13 , 406, 697
TOTAL REVENUE $ 161, 886, 151
APPROPRIATIONS
Employee Services $ 58, 262, 887
Other Current Expenses 45, 712, 476
Capital Outlay 3 , 102, 637
Capital Improvements 46, 630, 575
• Debt Service 6, 692, 624
Operating Transfers 1, 484 , 952
TOTAL APPROPRIATIONS $161, 886, 151
BE IT FURTHER RESOLVED that the modified, approved and adopted
copy marked "Adopted 2008 Budget" be placed on file in the City
Clerk' s Office, and that effective .January 1, 2008 , 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 Comm Council of the City of
Rochester, Minnesota, at a meeting t er of held th' 19 day of
December, 2007 .
President of said Common Council
Attest �!/�
ity Clerk
Approved this ?,C)T!l day of December, 2007
' � Mayor of said City
(Sea! of the City Of Rochester, Minnesota)
•