HomeMy WebLinkAboutResolution No. 322-08 �'---
�� -08
• R E S O L U T I O N
BE IT RESOLVED that the REVISED annual budget of the City of
Rochester, Minnesota 'Eor 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 28, 669, 662
Charges for Services 31, 522, 988
Miscellaneous Revenues 43 , 238, 725
Prior Year Revenues 13, 386, 697
TOTAL REVENUE $ 165, 481, 806
APPROPRIATIONS
Employee Services $ 58, 262, 887
Other Current Expenses 45, 712,476
Capital Outlay 3, 102, 637
Capital Improvements 50, 226, 230
Debt Service 6, 692, 624
Operating Transfers 1, 484 , 952
TOTAL APPROPRIATIONS $165, 481, 806
BE IT FURTHER RESOLVED that the modified, approved and adopted
copy marked "REVISED 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 Common Council of the City of
Rochester, Minnesota, at a meeting th f held thus 7th day of
July, 2008 .
T'fesident of said Common Council
Attest
ity Clerk
Approved this ft day of JULY, 2008
• Mayor of said City
(Seal of the City of Rochester, Minnesota)