HomeMy WebLinkAbout1272 - ADMIN Ordinance - City Council - 1974/10/07y
'DRTG INAL
ORDINANCE NO. 1272
AN ORDINANCE ADOPTING THE BUDGET FOR THE FISCAL YEAR 1975
'AND AMENDING THE 1974 BUDGET AS ADOPTED BY ORDINANCE 1242
AND AMENDED BY ORDINANCES
,1255 and 1262
THE CITY OF ST. LOUIS PARK DOES ORDAIN:
Section 1. That the annual budget of the City of St. Louis Park for the
fiscal year beginning January 1, 1975 which has been submitted by the City Manager
and modified and approved by the City Council is hereby adopted; the totals of the
said budget and the major divisions thereof being as follows:
REVENUE AVAILABLE
Estimated Balance January 1, 1975
Current Revenue -
General property tax
Special assessments
Licenses and permits
Fines and forfeitures
Intergovernmental Revenue
Service charges
Inter -fund transfers
Miscellaneous Revenue
Sale of bonds or other financing
Total Current Revenue
Balance and Current Revenue
Less transfers and charges
between budgeted funds
Total Available
REQUIREMENT
$ 1,637,684
$ 3,080,354
1,989,500
195,235
152,500
2,371,401
2,250,561
371,747
482,450
164,738
$11,058,486
$12,696,170
625,908
$12.070,262
Appropriations -
Personal services $ 3,050,845
Supplies 500,463
Other services and charges 2,769,122
Capital outlay 1,571,492
Debt service (Prin. & Int.) 2,978,994
Inter -fund transfers 361,747
Emergency Appropriation 220,000
Total Appropriations 11,452,663
ORDINANCE NO. 1272 (Continued)
REQUIREMENT (Continued)
Reserves December 31, 1975 459,844
Total Appropriations and Reserves $11,912,507
Less transfers and charges
between budgeted funds 625,908
Net Total Requirement $11,286,599
Estimated Balance December 31, 1975 $ 783,663
Section 2. That the annual budget for the fiscal year 1974 of the City of
St. Louis Park which was adopted by Ordinance 1242 and amended by Ordinance 1255,
and 1262, is hereby further amended to adopt the estimated revenues and expendi-
tures as presented in the 1974 columns of the 1975 budget as adopted by Section 1
of this ordinance. The totals of said 1974 amended budget and the major divisions
thereof being as follows:
11110 REVENUE AVAILABLE
Balance January 1, 1974
Current Revenue -
General Property Tax
Special assessments
Licenses and permits
Fines and forfeitures
Intergovernmental Revenue
Service charges
Inter -fund transfers
Miscellaneous Revenue
Sale of bonds or other financing
Total Current Revenue
Balance and Current Revenue
Less transfers and charges
between budgeted funds
Total Available
$ 2,257,751
$ 3,006,790
1,986,000
187,635
168,500
2,0,87,,,261
2,201,809
736,959
522,668
500,000
$11,397,622
$13,655,373
920,913
$12,734,460
t
•
•
ORDINANCE NO. 1272 (Continued)
REQUIREMENT
Appropriation -
Personal Services $ 2,864,363
Supplies 464,438
Other services and charges 2,716,411
Capital outlay 2,644,325
Debt service (Prin. & Int.) 2,609,254
Inter -fund transfers 668,898
Emergency appropriation 15,000
Total Appropriations $11,982,689
Reserves December 31, 1974
Total Appropriations
and Reserves
Less transfers and charges
between budgeted funds
398,285
$12,380,974
920,913
Net Total Requirement $11,460,061
Estimated Balance December 31, 1974 $ 1,274,399
• Section 3. That the City Manager be directed to cause the appropriate
accounting entries to be made in the books of the City.
Attest:
ity Clerk
Adopted by the City Council October
d4.4,...4.„
Reviewed for administration:
1974.
Approved as to form and legality:
Cityttorney