07-0604R


RESOLUTION SETTING A PROPOSED BUDGET FOR THE FISCAL YEAR 2008.

BY COUNCILOR STEWART:

     RESOLVED, that in accordance with Minnesota Statutes, Sec. 275.065, the city council hereby adopts the following proposed budget for the fiscal year beginning January 1 and ending December 31, 2008.

GENERAL

010

Total legislative and executive

2,444,600

015

Total administrative services

7,060,700

020

Total planning and development

649,200

030

Total finance

2,890,700

100

Total fire

17,011,600

200

Total police

17,319,900

300

Total library

4,189,900

400

Total parks and recreation

2,578,000

500

Total public works

9,861,400

700

Total transfers

16,904,300

100

General fund total

80,910,300


STATEMENT OF PURPOSE: This resolution sets the proposed general fund budget for the year 2008. The 2008 general fund totals $80,910,300, which is $2,371,600 over 2007 for a three percent increase. Staffing changes included the addition of five new police officers; offset by staffing reductions of 19.5 FTE’s throughout the organization. This budget assumes the governor will not call a special session and that no additional local government aid will be certified for 2008.


In accordance with the state of Minnesota’s truth in taxation laws, a proposed budget and levy for fiscal year 2008 must be certified to the county no later than September 15.