HomeMy WebLinkAbout1608 - ADMIN Ordinance - City Council - 1983/10/03ORDINANCE NO. 1608
AN ORDINANCE ADOPTING THE BUDGET FOR THE FISCAL YEAR 1984
AND AMENDING THE 1983 BUDGET AS ADOPTED BY ORDINANCE 1573
AND AMENDED BY ORDINANCES 1590 AND 1600.
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, 1984 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, 1984 $ 2,830,780
Current Revenue -
General property tax 6,921,579
Special assessments 1,720,000
Licenses and permits 440,720
Fines and forfeitures 211,500
Intergovernmental revenue (excl. sales tax) 2,047,564
Service charges 4,979,987
Inter -fund transfers 1,540,510
Miscellaneous revenue 1,321,931
Local government aid (sales tax) 2,273,000
Sale of bonds 2,350,000
Total Current Revenue
Balance and Current Revenue
Less transfers and charges
between budgeted funds
23,806,791
26,637 ,571
2,401,615
Total Available 24,235,956
REQUIREMENT
Appropriations -
Personal services 7,279,911
Supplies 880,736
Other services and charges 6,724,231
Capital outlay 3,576,188
Debt service (Prin. & Int.) 3,515,125
Inter -fund transfers - 1,645,510
Emergency Appropriation 225,000
Total Appropriations 23,846,701
ORDINANCE NO. 1608 (Continued)
REQUIREMENT (Continued)
Reserves December 31, 1984 $ 1,331,721
Total Appropriations and Reserves 25,178,422
Less transfers and charges
between budgeted funds 2,401,615
Net Total Requirement 22,776,807
Estimated Fund Balance December 31, 1984 1,459,149
Section 2. That the annual budget for the fiscal year 1983 of the City
of St. Louis Park which was adopted by Ordinance 1573 and amended by
Ordinances 1590 and 1600, is hereby further amended to adopt the esti-
mated revenues and expenditures as presented in the 1983 columns of the
1984 budget as adopted by Section 1 of this ordinance. The totals of
said 1983 amended budget and the major divisions thereof being as follows:
REVENUE AVAILABLE
Balance January 1, 1983
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)
Sale of bonds
Total Current Revenue
Balance and Current Revenue
Less transfers and charges
between budgeted funds
$ 4,323,964
6,676,783
2,569,823
476,900
234 ,400
2,817,735
3,812,894
1,536,493
1,314,829
2 ,075 ,000
2,271,250
23,736,107
28,110,071
2 ,245 ,505
Total Available 25.£64,566
ORDINANCE NO. 1608 (Continued)
REQUIREMENT
Appropriation -
Personal Services $ 6,783,387
Supplies 906,853
Other Services and Charges 6,095,387
Capital Outlay 3,613 ,509
Debt Service (Prin. & Int.) 6 ,063 ,662
Inter -fund Transfers 1,641,493
Emergency Appropriation 50,000
Total Appropriations
Reserves December 31, 1983
Total Appropriations and Reserves
Less transfers and charges
between budgeted funds
Net Total Requirement
Estimated Fund Balance December 31, 1983
25 ,154 ,291
1,160,349
26,314,640
2,245,505
24,069,135
1,795,431
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 3, 1983
Attest:
4Lk2 �v
ity Clerk
Reviewed for administration:
c -P goLLvw
ity Manager
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Approved as to form and legality:
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City At orney