HomeMy WebLinkAbout94-2015 - ADMIN Ordinance - City Council - 1994/12/19ORDINANCE NO. 94-2015
AN ORDINANCE ADOPTING THE BUDGET FOR THE FISCAL YEAR 1995
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, 1995, 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, 1995 $16,129,929
Current Revenue -
General property tax 7,705,503
Special assessments 562,000
Licenses and permits 931,065
Fines and forfeitures 287,100
Intergovernmental revenue -
Local govemment aid 1,856,971
Homestead property credits 2,869,300
Other 2,051,987
Service charges 13,597,418
Miscellaneous revenue 1,354,824
Inter -fund transfers 1.130.400
Total Current Revenue 32.346.568
Balance and Current Revenue 48.476.497
Less transfers and charges
between budgeted funds 5.553.667
Total Available 42.922.830
DA/ gas --
ORDINANCE NO.
REQUIREMENT
Appropriations -
Personal services $15,890,780
Supplies 1,653,259
Other services and charges 12,733,427
Capital outlay 2,532,899
Debt service (Principal & interest) 1,653,999
Inter -fund transfers 483,500
Contingency appropriation 50.000
Total Appropriations 34,997,864
Reserves December 31, 1995 2.814.993
Total Appropriations and Reserves 37.812.857
Less transfers and charges
between budgeted funds 5.553.667
Net Total Requirement 32.259.190
Estimated Fund Balance December 31, 1995 10,663,640
Section 2. 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 December 19, 1994
Attest:
Reviewed for administration:
Approved as to form and execution:
(S)/4112-Aiiii �
P01-)
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