HomeMy WebLinkAboutResolution No. 634-15 2016 Budget ApprovalRESOLUTION
BE IT RESOLVED that the annual budget of the City of Rochester, Minnesota for the fiscal year beginning
January 1, 2016 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 $56,222,383
Tax Abatement Levy
1,000,000
Non -property Taxes
19,021,650
Licenses and Permits
3,927,046
Fines, Forfeits and Penalties
846,800
Intergovernmental Revenue
51,010,858
Charges for Services
47,439,855
Miscellaneous Revenues
56,867,604
Prior Year Revenues
22,383,333
TOTAL REVENUE
$258,719,529
APPROPRIATIONS
Employee Services
$74,358,674
Other Current Expenses
81,098,941
Capital Outlay
5,714,562
Capital Improvements
86,147,049
Debt Service
11,400,303
TOTAL APPROPRIATIONS
$258,719,529
BE IT FURTHER RESOLVED that the modified, approved and adopted copy marked "Adopted 2016 Budget" be
placed on file in the City Clerk's Office, and that effective January 1, 2016, 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, THIS DAY OF
ATTEST:
CITY CLERK
(Seal of the City of
Rochester, Minnesota)
PRESIDENT OF SAID COMMON COUNCIL
APPROVED THIS DAY OF ,
MAYOR OF SAID CITY