00-0818R

RESOLUTION APPROVING THE FISCAL YEAR JANUARY 1, 2001, TO DECEMBER 31, 2001, OPERATION BUDGET OF THE DULUTH TRANSIT AUTHORITY.

BY COUNCILOR HOGG:

RESOLVED, that the operation budget for the fiscal year January 1, 2001, to December 31, 2001, in the amount of $9,011,677 for the Duluth transit authority is hereby approved.

FURTHER RESOLVED, that the authority included in the resolution shall submit to the city council its proposed budget in a prescribed format on or before November 1 of each year.


STATEMENT OF PURPOSE:  This resolution adopts the 2001 operating budget for the Duluth transit authority (DTA). The finance committee reviewed the Duluth transit authority budget at its November 16, 2000, meeting. The 2001 budget represents an increase of $258,677 or 2.96% over the 2000 budget. The property tax levy support proposed for the DTA will increase from $1,737,600 to $1,877,600 for a total of $140,000 or 8.06% over 2000.