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HomeMy WebLinkAbout1872-91 - ADMIN Ordinance - City Council - 1991/12/041 1 ORDINANCE NO. 1872-91 AN ORDINANCE ADOPTING THE BUDGET FOR THE FISCAL YEAR 1992 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, 1992, 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 Balance January 1, 1992 $ 15,454,342 Current Revenue - General property tax 8,189,364 Special assessments 750,753 Licenses and permits 763,000 Fines and forfeitures 282,000 Intergovernmental revenue Local government aid 1,805,307 Homestead/transition aid 2,721,785 Other 3,403,000 Service charges 12,639,414 Miscellaneous revenue 1,254,617 Inter -fund transfers 7,163,200 Total Current Revenue 38,972,440 Balance and Current Revenue 54,426,782 Less transfers and charges between budgeted funds Total Available Appropriation - Personal Services Supplies Other Services and Charges Capital Outlay Debt Service (Princ. & Int. Inter -fund Transfers Contingency Appropriations ) REQUIREMENT 7,598,379 46,828,403 15,645,670 1,433,996 10,736,217 8,664,100 2,774,000 2,685,200 307,056 Total Appropriations 42,246,239 ORDINANCE NO. REQUIREMENT (Continued) Reserves December 31, 1992 Total Appropriations and Reserves Less transfers and charges between budgeted funds Net Total Requirement Estimated Fund Balance December 31, 1992 $ 5,145,000 47,391,239 7,598,379 39,792,860 7,035,543 Section 2. That the City Manager be directed to cause the appropriate accounting entries to be made in the books of the City. Attest: \C/ CityCl k Adopted by the City Council December 4, 1991 Mayo Reviewed for administration: Approved as to form and execution: /t/ ( d'X.- City Manager City Attorney 1