HomeMy WebLinkAbout1573 - ADMIN Ordinance - City Council - 1982/10/041
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ORDINANCE NO. 1573
AN ORDINANCE ADOPTING THE BUDGET FOR THE FISCAL YEAR 1983
AND AMENDING THE 1982 BUDGET AS ADOPTED BY ORDINANCE 1527,
AND AMENDED BY ORDINANCES 1530, 1537, 1545, AND 1548.
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, 1983 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, 1983 $ 3,408,147
Current Revenue -
General property tax 6,676,248
Special assessments 2,401,999
Licenses and permits 443,400
Fines and forfeitures 212,000
Intergovernmental revenue (excl. sales tax) 2,163,534
Service charges 3,804,800
Inter -fund transfers 1,540,407
Miscellaneous revenue 1,335,997
Local government aid (sales tax) 1,900,000
Total Current Revenue 20;478,385
Balance and Current Revenue 23,886,532
Less transfers and charges
between budgeted funds 2,253,967
Total Available 21,632.565
REQUIREMENT
Appropriations -
Personal services 6,834,597
Supplies 901,'950
Other services and charges 6,251,946
Capital outlay 1,913,979
Debt service (Prin. & Int.) 3,190,042
Inter -fund transfers 1,645,407
Emergency Appropriation 225,'000
Total Appropriations 204.962,921
ORDINANCE NO. (Continued)
REQUIREMENT (Continued)
Reserves December 31, 1983 $ 1,976,570
Total Appropriations and Reserves 22,939,491
Less transfers and charges
between budgeted funds 2,253,967
Net Total Requirement 20,685,524
Estimated Fund Balance December 31, 1983 947,041
Section 2. -That the annual budget for the fiscal year 1982 of the
City of St. Louis Park which was adopted by Ordinance 1527 and amended
by Ordinances 1530, 1537, 1545 and 1548, is hereby further amended to
adopt the estimated revenues and expenditures as presented in the 1982
columns of the 1983 budget as adopted by Section 1 of this ordinance.
The totals of said 1982 amended budget and the major divisions there-
of being as follows:
REVENUE AVAILABLE
Balance January 1, 1982 $ 3,975,025
Current Revenue -
General property tax
Special assessments
Licenses and permits
Fines and forfeitures
Intergovernmental revenue (excl. sales tax)
Service charges
Inter -fund transfers
Miscellaneous revenue
Local government aid (sales tax)
Total Current Revenue
Balance and Current Revenue
Less transfers and charges
between budgeted funds
Total Available
6,601,896
1,753,190
457,650
222,000
2,383,115
3,380,150
1,830,056
1,222,285
1,875,165
19,725,507
23,700,532
2,270,808
21,429,724
ORDINANCE NO. (Continued)
REQUIREMENT
Appropriation -
Personal Services $ 6,225,123
Supplies 862,248
Other Services and Charges 5,691,157
Capital Outlay 2,449,831
Debt Service (Prin. & Int.) 3,277,645
Inter -fund Transfers 1,636,381
Emergency Appropriation 25,000
Total Appropriations
Reserves December 31, 1982
Total Appropriations and Reserves
Less transfers and charges
between budgeted funds
Net Total Requirement
20,167,385
1 500, 309
21,667,694
2,270,808
19,396,886
Estimated Fund Balance December 31, 1982 2 032,838
Section 3. That the City Manager be directed to cause the appropriate
accounting entries to be made in the books of the City.
Adopted by the City Council October 4, 1982
Attest:
V44.(2(g644:StAL,00.2.)
City Clerk
Reviewed for administration:
ty Manager
Approved as to form and legality: