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HomeMy Public PortalAbout2023-114 Resolution Approving 2024 Final Budget Resolution No. 2023-114 December 5, 2023 Member DesLauriers introduced the following resolution and moved its adoption. CITY OF MEDINA RESOLUTION NO. 2023-114 RESOLUTION APPROVING 2024 FINAL BUDGET BE IT RESOLVED, by the city council of the City of Medina, County of Hennepin, Minnesota, that the following sums of money be approved for the 2024 budget: Expenditures/ Revenues & Expenses & Other Sources Other Uses General Fund $ 6,644,370 $ 6,644,370 Special Revenue Funds $ 189,500 $ 311,450 Capital Project Funds $ 1,146,297 $ 2,810,115 Debt Service Funds $ 649,512 $ 942,438 Water Fund $ 1,652,400 $ 1,342,963 Sanitary Sewer Fund $ 1,001,798 $ 1,136,318 Storm Water Fund $ 299,500 $ 462,229 BE IT ALSO RESOLVED, by the city council of the City of Medina, County of Hennepin, Minnesota, that the Capital Improvement Plan (CIP) be approved for 2024: 2024 CIP $ 3,811,344 Dated: December 5, 2023. ____________________________________ Kathleen Martin, Mayor ATTEST: ___________________________________ Caitlyn Walker, City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Cavanaugh upon vote being taken thereon, the following voted in favor thereof: Albers, Cavanaugh, DesLauriers, Martin, Reid Resolution No. 2023-114 December 5, 2023 And the following voted against same: None Whereupon said resolution was declared duly passed and adopted.