HomeMy WebLinkAbout1697-86 - ADMIN Ordinance - City Council - 1986/10/201
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ORDINANCE NO. 1697 - 86
AN ORDINANCE ADOPTING THE BUDGET FOR THE FISCAL YEAR 1987
AND AMENDING THE 1986 BUDGET AS ADOPTED BY ORDINANCE 1664-
85 AND AMENDED BY ORDINANCES 1673-86, 1675-86, AND 1696-86
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, 1987 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, 1987 $ 6,494,362
Current Revenue -
General property tax
Special assessments
Licenses and permits
Fines and forfeitures
Intergovernmental revenue -
Local government aid (sales tax)
Homestead property credit
Other
Service charges
Miscellaneous revenue
Inter -fund transfers
Bond Sale
Total Current Revenue
Balance and Current Revenue
Less transfers and charges
between budgeted funds
Total Available
Appropriations -
Personal services
Supplies
Other services and charges
Capital outlay
Debt service (Princ. & Int.)
Inter -fund transfers
Emergency Appropriation
Total Appropriations
REQUIREMENT
6,197,789
1,288,527
536,550
294,167
2,629,062
1,376,272
2,418,699
7,921,818
981,473
1,784,606
600,000
26,028,963
32,523,325
4,185,645
28,337,680
10,544,168
1,026,564
7,662,457
4,488,162
3,035,110
1,652,606
350,000
28,759,067
ORDINANCE NO. 1697 - 86
REQUIREMENT (Continued)
Reserves December 31, 1987
Total Appropriations and Reserves
Less transfers and charges
between budgeted funds
Net Total Requirement
Estimated Fund Balance December 31, 1985
$ 2,271,587
31,030,654
4,185,645
26,845,009
1,492,671
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Section 2. That the annual budget for the fiscal year 1986 of the City of St. Louis
Park which was adopted by Ordinance 1664-85 and amended by Ordinances 1673-86, 1675-86,
and 1696-86, is hereby further amended to adopt the estimated revenues and expenditures
as presented in the 1986 columns of the 1987 budget as adopted by Section 1 of this
ordinance. The totals of said 1986 amended budget and the major divisions thereof
being as follows:
REVENUE AVAILABLE
Balance January 1, 1986 $ 8,590,515
Current Revenue -
General property tax 5,998,567
Special assessments 1,459,600
Licenses and permits 586,350
Fines and forfeitures 306,263
Intergovernmental revenue -
Local government aid (sales tax) 2,524,820
Homestead property credits 1,358,622
Other 1,324,609
Service charges 7,903,600
Miscellaneous revenue 1,086,751
Inter -fund transfers 1,644,095
Total Current Revenue 24,193,277
Balance and Current Revenue 32,783,792
Less transfers and charges
between budgeted funds 4,264,495
Total Available 28,519,297
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ORDINANCE NO. 1697 - 86
REQUI REMENT
Appropriation -
Personal Services
Supplies
Other Services and Charges
Capital Outlay
Debt Service (Princ. & Int.)
Inter -fund Transfers
Emergency Appropriations
Total Appropriations
Reserves December 31, 1986
Total Appropriations and Reserves
Less transfers and charges
between budgeted funds
Net Total Requirement
Estimated Fund Balance December 31, 1986
Section 3. That the City Manager be directed to
accounting entries to be made in the books of the City.
Adopted by the City Council October 20, 1986.
Attest:
$ 10,081,993
1,008,981
7,113,566
3,102,510
2,960,285
1,672,095
50.000
25,989,430
2,596,260
28,585,690
4,264,495
24,321,195
4,198,102
cause the appropriate
Reviewed for administration:
Approved as to form and legality: