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97-091 - 12-16 Adopting the 1998 Budget of General Fund Resolution 97-91 December 16, 1997 Member Johnson introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE 1998 BUDGET OF THE GENERAL FUND BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that the appropriations for the General Fund Divisions for the calendar year 1998 shall be as follows: DIVISION DESCRIPTION AMOUNT 01 City Council $217,295 03 City Manager 395,600 04 Transfers Out 650,000 05 Administrative Services 989,825 06 Legal 55,000 07 Casualty Insurance 217,900 11 General Government Buildings 410,415 16 Planning 233,740 21 Public Safety Administration 608,910 22 Police 2,394,605 23 Fire 785,650 24 Prosecution and Court 166,890 35 Public Works Administration 160,650 36 Engineering 395,575 37 Street 890,325 65 Community Center 28,965 66 Park and Recreation Administration 421,865 67 Park Maintenance 631,945 68 Recreation Programs 256,170 TOTAL 1998 BUDGET $9.911,325 Resolution 97-91 - Continued December 16, 1997 BE IT FURTHER RESOLVED by the City Council that the sources of financing the sums appropriated shall be: DESCRIPTION AMOUNT Ad Volorem Taxes $6,707,130 Licenses 161,280 Permits 350,000 Federal Grants 5,000 State Grants 56,685 Charges For Services 1,511,175 Fines and Forfeitures 200,000 Interest Earnings 280,000 Miscellaneous Revenue 213,200 Transfers In 200,000 Fund Balance 226,855 TOTAL 1998 BUDGET $9.911.325 Mary E. derson, Mayor ATTEST: Shirley J. N o , City Clerk The motion for the adoption of the foregoing resolution was seconded by Member LeSuer and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Johnson, LeSuer, Micks and Russell; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.